Russia: ChTsZ output up in 2016

In 2017 Chelyabinsk Zinc Works, a part of UMMC, plans to produce 183 thousand tons of zinc, up from 174.8 thousand tons in 2016. According to the company PR-department director Natalia Vasilyeva, in 2016 output increased by 2.2% YoY. The ChTsZ daughter company in Kazakhstan, NovaZinc, produced 36720 tons of zinc concentrate and 5680 tons…

Russia: Trubodetal passes Gazprom audit

Trubodetal, a part of OMK, has passed an inspection audit of its quality management system according to Gazprom 9001-2012 standard. The commission checked the quality management system efficiency, evaluated the operation of inner auditors as well as the results of the corrective measures following the previous check in March 2016. “We regularly improve our business-processes,…

Ukraine: AMKR open-heart down for overhaul

According to the previously developed repairs schedule PJSC ArcelorMittal Kriviy Rih has stopped its twin hearth furnace No. 6 (THF-6) of the open-hearth shop. Due to prolongation of THF-6 exploitation term by 2020 the company elaborated the range of compensating measures, which were being imposed from the beginning of 2017. To minimize fugitive emissions the…

Ukraine: Portugal to construct a foundry

Foreign investors plan to construct a new foundry in Lviv region. According to the press service of the Lviv regional state administration, the regional governor Oleg Sinyutka and the representatives of the investors discussed the possibility of constructing a works to produce aluminum castings. Fundicao de Evora, a joint venture of Aluthea and Schreder, will…

Russia: Buribay GOK to double output

The Buribay Mining and Processing Works, a part of UMMC, has bought new loading machines. The miners have received a backhoe loader, dump trucks, as well as lighter vehicles. The cost of the new machines is 16 million rubles. At present Buribay GOK yields some 200 thousand of copper ore per year, but when it…

Russia: Ufaleinickel losses up in 2016

In 2016 Ufaleinickel received 11.04 billion rubles of net losses, up 4.7-fold YoY. It should be noted, that in 2014 the company received 186 million rubles of net profits. Ufaleinickel’s revenue in 2016 dropped by 16% YoY, to 6,324 billion rubles. Sales profit was negative – 1.05 billion rubles of losses against 822 million rubles…