In January-March, the United Mining and Chemical Company spent more than 37 million UAH on the repair and technical maintenance of machinery. Active repair and restoration of quarry machines are underway. One of the key directions in the first quarter was the repair and purchase of necessary spare parts to make machinery operate smoothly. In…
Polymetal International plc suggests not paying dividends for 2023. Moreover, due to sanctions on the Russian Polymetal JSC, it was suggested to change the name. The annual shareholders’ meeting is scheduled for June 11. The board of directors suggests renaming the company Solidcore Resources plc. The sale of Russian business considerably decreased debt burden on…
Until the end of the year, Anglo-Asian Mining Plc intends to produce first ore at the Gilar deposit. The development of the mine started in 2023. The company has also increased the capacity of the floatation machine at the Gedabek mine 2-fold, to 160 tons per hour. Reserves of the Gilar deposit are estimated at…
In January-April, Ukraine increased iron ore raw materials exports 2.1-fold YoY, to 11.028 million tons. According to the State Customs Service, revenue grew 4.1-fold, to $2.409 billion. In Q1, exports amounted to 9.004 million tons valued at $863.315 million. The main customer was China (43.03% in monetary terms), followed by Slovakia (16.29%) and Poland (13.67%).…
In January-April, Ukraine increased imports of zinc and zinc products by 59.9% YoY, to $17.217 million $5.357 million in April). Exports of zinc totaled $73 thousand ($29 thousand in April), while in January-April 2023 – $48 thousand. In 2023, Ukraine exported $130 thousand worth of zinc, down from $1.331 million in 2022. (Ukrainian metal)
In January-April, Ukraine increased impost of aluminum and aluminum products by 26.6% YoY, to $136.761 million ($38.235 million in April). According to the State Customs Service, exports grew by 5%, to $33.008 million ($9.608 million in April). Last year, imports increased by 7.7%, to $366.463 million, and exports by 0.7%, to $97.616 million. (Ukrainian metal)
Centravis has signed an agreement to supply 50 tons of furnace pipes to American companies of the oil sector. The pipes have to be supplied in May-July. Around 20 tons will be shipped in May to Tioga. The end customer of this batch will be Valero Energy Corporation. Some 30 tons will be shipped in…
In January-March, about 2.1 tons of the precious metal were exported from the Kyrgyz Republic. While in previous months the republic exported almost the entire volume of gold to Switzerland, now the leader was Hong Kong (China). The top five export commodities remain unchanged for the second year in a row: gold, ores and concentrates…