Corum Group, a part of DTEK Energo, has produced a shearer for the Zapadno-Donbasskaya mine, a part of DTEK Pavlogradugol. “Since the start of the large-scale war, the production of each shearer has become a challenge. Having shipped a shearer to the Space Heroes Mine Group, we have started making another machine,” the company said.…
Anglo Asian Mining PLC, the AIM (Alternative Investment Market) listed gold, copper and silver producer, expects mining and processing of 3 million tons of ore per year at the Khalkhar deposit. According to the company, since July 2022, an extensive geological exploration program has been carried out at the Khalkhar deposit. “The base case open…
In 2022, Kazakhstan increased gold-bearing ore extraction by 19.5% YoY, to 39.4 million tons. Concentrate output dropped by 11.9%, to 455 thousand tons. Raw and semi-wrought gold manufacture grew by 13%, to 129.6 tons. In particular, refined gold production totaled 73.2 tons, up by 9.9%. In previous years the highest output was 69.8 tons. Tau-Ken…
In January-February, Ukraine exported $357.1 million worth of ferrous metals, down 5.6-fold YoY. According to the State Customs Service, ferrous metals accounted for 5.53% of the overall export revenue as opposed to 17.6% last year. In February, ferrous metals export revenue totaled $191.42 million. Imports decreased by 28%, to $163.54 million, with $94.8 million in…
Over the year of the war with Russia, Metinvest has decreased the number of its employees by 40 thousand and intends to fire 5 thousand more. During the war, the Metinvest staff dropped to 60 thousand. “We lost a half of our business. Two major enterprises – Mariupol Ilyich Iron and Steel Works and Azovstal…
Since the start of the year, Kametstal has capitally repaired two locomotives. The TGM4 series machines No. 1181 and No. 1183 now operate at the Domennaya station, mostly transporting hot metal ladles and sludge carriers in the converter shop. The repair allows extending the operation of the locomotives by 6 to 7 years. Kametstal operates…
In January, Kazakhstan exported 1.8 thousand tons of uranium valued at $228.6 million to Russia. In January-May 2022, exports totaled 1.9 thousand tons at $216.5 million. Thus, the January volume is comparable with the volume over 5 months of 2022. (Ukrainian metal)
ArcelorMittal Kryvyi Rih on April 7 will pay remuneration for the work in 2022 in the amount of 50% of average monthly salary. According to the company CEO Mauro Longobardo, in 2022 Ukraine, Kryvyi Rih and AMRK faced unheard of challenges. Because of the ports blockade and difficulties connected with the Russian invasion, the works…
