Russia’s Economic Development Ministry expects aluminum producer UC RUSAL to finish registration in a special administrative region in October, Minister Maxim Oreshkin declared on the sidelines of the Eastern Economic Forum on September 11. “The law will come into force soon, now all bylaws are being prepared, there will be some adjustments including legislative adjustments.…
China Minmetals Corporation subsidiary has asked the Arbitrary court of Chelyabinsk region to recover the debt from Chelyabinsk Iron and Steel Works under the contract to construct the rail and beam mill. The Chinese company is claiming $16.69 million and interest. At the same time ChMK has filed a counter claim because of the bad…
Kyshtym Electrolytic Copper Plant has assembled the main equipment of the LUHR gas filter. It is used to purify gases of the main copper-smelting machine of the company – the MAERZ furnace. The filter is expected to be commissioned this year. The cost of the project is 200 million rubles. (Ukrainian metal)
President of Nornickel Vladimir Potanin has visited the deepest mine of the company, which is also the deepest in Eurasia, – the Skalisty Mine at the depth of 2056 meters. The Skalisty project is estimated at 134 billion rubles. Last year the mine yielded 1.9 million tons of ore, and this year 2.2 million tons…
On September 7 Electrozinc shut down its zinc manufacture to carry out annual repairs. Until the end of the month all the machinery will be checked, cleaned and repaired. Some 1 thousand employees are participating in the work, both contractors and shop workers. The main object of the repair is the sulfur acid shop. The…
Alexander Popov has been appointed the CEO of Bystrinskoye Mining and Processing Works effective as of September 3. He has previously worked in Kuzbassugol, Vorkutaugok, Olkon and Krasniy Kotelschik. The ex-CEO of BGOK Vladimir Nakivayko has been working at Nornickel enterprises for 25 years. (Ukrainian metal)
The Titanium Investments LLC subsidiary in the town of Armyansk, in the north of the Russia-occupied Crimea, the manufacturer of titanium dioxide, has shut down all of its 8 furnaces. “The last furnace was shut down on September 9”, the company deputy CEO Andrei Dogadov said. According to him, the water used in the manufacture…
Rushydro has taken a pause in entering the Taishet Aluminum Project of Rusal. “There is a pause, not only on our behalf, but also on behalf of our colleagues, the banks. They have to settle the project financing based on their own vision of what’s going on”, Rushydro chairman Nikolay Shulginov said. “Taking all the…