Krasnoturyinsk-Polymetal LLC wants to become a resident of the priority development are to construct a factory to process several types of polymetalic ores in Krasnoturyinsk. The construction is expected to start in Q3 2019, and the factory will be commissioned in late 2020. Investments in the project are planned on the level of 3 billion…
Uralelectromed has started the final stage of preparing the construction site for the third stage of the copper electrolysis shop. The disassembly of the roof and metal structures of the old shop building is underway. Some 600 tons of metal structures have already been disassembled. The work is carried out according to the schedule, and…
The United Metallurgical Company and Belenergomash-BZEM LLC have concluded an agreement on joint deliveries of sheets, pipes, metal structures and pipeline joints to Rosatom. “We are opening a new page in our relations, and I am absolutely sure that the partnership will be the basis for the development of the two companies”, OMK board member,…
In October Cherepovets Iron and Steel Works shipped 501.4 thousand tons of metal to Russian customers and for exports, down by 3.2% YoY. In January-October sales reached 6.47 million tons, up by 3.9% YoY. Exports grew by 15.5% YoY, to 1.93 million tons, while domestic customers received 4.54 million tons, down by 0.3% YoY. (Ukrainian…
In October MMK shipped 949.5 thousand tons of metal via railroad abroad and to local customers, up by 7.4% YoY. In 10 months sales grew by 0.7% YoY, to 9 million tons. Russian customers received 5.8 million tons, up by 5.2%, and exports totaled 3.21 million tons, down by 6.4%. (Ukrainian metal)
In October NLMK rolled metal deliveries to Russian customers and abroad via railroad totaled 956.4 thousand tons. According to the railroad statistics, this is down by 17.4% YoY. In January-October NLMK shipped via railroad 10.55 million tons of metal, up by 0.3% YoY, with 3.54 million tons delivered to local customers, down by 4.2%, and…
Precious metal prices increased in Azerbaijan on November 22, according to the data published by the Central Bank. The price of gold went up by 9.7325 manats, to 2,085.22 manats per ounce on November 22 compared to the price on November 21. The price of silver grew by 0.3015 manats, to 24.6391 manats per ounce.…
Member of the Parliament, Bakyt Torobaev, asked the government to provide information on the activities of Kumtor gold mine at a meeting of Parliament. According to him, the Prime Minister spoke about new agreement with the Canadian company Centerra Gold Inc. Members of the Parliament know nothing about it. “How many funds are received, what…