In January-November Zabaykalye region produced 1338 tons of tungsten concentrate, down by 16% YoY. In November output totaled 91 tons. The decrease is explained by the drop of tungsten content in ore. In 11 months of 2016 the region obtained 1596 tons of concentrate. At present two companies mine for tungsten ore in the region:…
In January-November the Amur artel, one of the Far Eastern enterprises of Russkaya Platina, obtained 1274 kg of platinum. Amur Zoloto yielded 977.6 kg of gold and 633.8 kg of silver. Alluvial gold sites of Buor and Ulakhan obtained 457.4 kg of gold. Total gold output in 11 months reached 1444.6 kg. (Ukrainian metal)
RUSAL starts its data center project development at its Nadvoitsy Aluminum Smelter in the Republic of Karelia. The data center will focus on providing IT services, including solutions for big data analysis, machine learning, and cryptocurrency mining-related operations. AA!LAB company has become the first project implementation partner to sign, alongside RUSAL, the Memorandum of Understanding…
Magnitogorsk Iron and Steel Works board of directors has approved of the investment program for MMK-Metiz. Capital investments will total 3.8 billion rubles. The program is intended to run through 2020. MMK-Metiz was created in 2003. (Ukrainian metal)
In 2017 TMK intends to sell 3.8 million tons of pipes and in 2018 – 4.3 million tons. According to the company first deputy CEO Vyacheslav Popov, last year TMK sold 3.5 million tons of pipes. (Ukrainian metal)
Evraz has transferred 94.96% of Evraz Yuzhkoks shares, previously owned by Palmrose B. V,. to Dashuria. Both Dashuria and Palmrose are Evraz daughter companies. In 2016 Evraz Yuzhkoks received 61.1397 million UAH of net profit, down 3.5-fold YoY, while its net income rose by 11.22%, to 2.763 billion UAH. (Ukrainian metal)
Since the beginning of the year gold output in Tajikistan increased by 17%, that of silver – almost 2-fold. In January-October gold output went up by 16.4% YoY, and silver – by 89.7%, according to the Ministry of industry and new technologies. In 2016 Tajikistan produced the record volume of precious metals: 5 tons of…
Metal of the Kazakhstan Electrolysis Works has become a part of products of the new enterprise to produce alloyed aluminum – Giessenhause LLC, which has received the award as the Best industrial project. KEZ is the only manufacturer of aluminum in Kazakhstan. Giessenhause project capacity is 52 thousand tons per year. KEZ has already supplied…