Yurga Machine-Building Works LLC and the Yubileynaya Mine LLC have signed an agreement on the delivery of 50 sections of mechanized anchoring. The first batch of 10 pieces the mine will receive in March 2019. The company has created a special type of anchoring for the mine. It does not look different from older models,…
In July-September Metalloinvest increased pellets output by 2.4%, to 7.1 million tons, mostly because of the change in the schedule of repairs at LGOK. In January-September the group produced 20.8 million tons of pellets, up by 11.8% YoY. Metalloinvest also produced 10 million tons of iron ore in Q3, down by 1.3% QoQ, and 30…
In January-September Metinvest increased steel output by 3% YoY, to 5.597 million tons. Steel manufacture in Q3 dropped by 8% QoQ, to 1.803 million tons, mostly because of the decrease at Azovstal by 171 thousand tons due to the shut down of converters Nos. 1 and 2 for scheduled repairs, which lasted for 7 and…
Kyrgyzaltyn OJSC commented on speculations about possible sale of Centerra Gold’s shares and Kumtor project to a Chinese company Shadong Gold. Kyrgyzaltyn sent a request to the Canadian investors to clarify the information. They replied that since Centerra Gold was a public company, it could receive various offers from third parties, including Chinese investors, about…
Technological equipment of the Italian company Danieli will be used for the production of cold-rolled steel with protective coatings at the Tashkent Metallurgical Plant (TMP), the Uzbek company reported. According to the information, the total production of the enterprise will amount to 500,000 tons of metal products per year, of which 200,000 tons will account…
PJSC ArcelorMittal Kriviy Rih has run an open international competition on professional skills of drivers. Seven teams took part in the competition. There were teams of Zaporizhstal, Poltava Mining Complex, Kryvbass Belaz Service JV, and teams of Ukrainian and Kazakhstan Companies of ArcelorMittal Group. PJSC ArcelorMittal Kriviy Rih has been running such competitions for drivers…
In January-September Ferrexpo invested over 2.4 billion UAH ($90.1 million) in the development of Poltava, Yeristovo and Belanovsky Mining and Processing Works. In particular, PGOK received 1719 million UAH, while EGOK and BGOK – 710.3 million UAH. The main capital expenditures at PGOK were the maintenance of the current manufacture at 568 million UAH ($21.1…
In January-September Primorye region produced 1748 tons of tungsten concentrate, up by 33% YoY. Two enterprises are mining for the concentrate in the region – Primorsky Mining and Processing Works and Lermontovsky GOK LLC. Primorsky GOK produced 1513 tons of tungsten concentrate and Lermontovsky GOK – 235 tons. Primorsky GOK also produced 366 tons of…
