In 2023, Zaporizhkoks received net profit of 399.84 million UAH, which it left undistributed. According to the shareholders meeting on April 30, the shareholders approved of the work of the supervisory board in 2023. Both shareholders took part in the meeting – Metinvest B. V. (the Netherlands) and Zaporizhstal. In Q1 2024, Zaporizhkoks received a…
In 2023, leaders of the mining industry of Ukraine earned 365.26 billion UAH, up by 13% YoY and by 11% before the launch of the full-scale invasion by Russia. In particular, six companies of SCM accounted for 41% – 149.67 billion UAH. Five of them received net profit of 32.35 billion UAH. Only Central Mining…
A sudden shut down of electricity at ArcelorMittal Kryvyi Rih resulted in a short-term increase in air pollution. In particular, by-product coke manufacture was affected. The result was visible all around the city. 6 hours later, the content of pollutants in the air was back to normal. (Ukrainian metal)
In January-May, global steel output amounted to 793.12 million tons, down by 0.09% YoY. The largest producer is China, having manufactured 438.61 million tons, down by 1.4%. China’s share in global steel output was 55.3%. Ukraine produced 3.14 million tons of steel, up by 31.23%, remaining at the 22nd place. (Ukrainian metal)
Electricity supply to a state enterprise Dobropillyavihullya-dobycha mine has been cut off due to the expiration of an agreement with Ukrinterenergo. The state enterprise has not concluded any electricity-supply agreements. On June 11, DTEK informed the enterprise of full shut down of electricity. (Ukrainian metal)
Gold will not be mined at Shambesai, President of Kyrgyzstan Sadyr Japarov has said. The president was in Kadamdzhai district of Batken region. There he met with local residents on the issue of development of Shambesai gold field. Sadyr Japarov said that an end had been put to this issue. “Now let’s forget about this…
In 2023, Poltava Mining and Processing Works received a net loss of 5.444 billion UAH, down from 9.134 billion UAH in 2022. Pre-tax loss amounted to 5.254 billion UAH (7.825 billion UAH in 2022). Net income decreased by 33.1%, to 15.065 billion UAH. Undistributed profit as of the end of 2023 totaled 20.717 billion UAH.…
The total income from the sale of gold in 2022-2023 at Kumtor amounted to $1,835 billion, President of Kumtor Gold Company Almazbek Baryktabasov announced at the International Forum MINEX Central Asia 2024. He spoke at the plenary session “Unlocking Mineral Resources Potential — Leading Role of Mining Industry Leaders and International Investors”. The head of…