In January-September the net profit of Rusal according to the International standards increased by 46.4% YoY, to $782 million. Corrected net profit increased 2.9-fold, to $727 million, EBITDA – by 42,4%, to $1.534 billion, revenue – by 21.3%, to $7.224 billion. The company net debt as of September 30 was $7.592 billion as opposed to…
Energy and Coal Industry Minister Ihor Nasalyk has said that the National Coal Company plays a key role in the process of reforming the coal industry of Ukraine. “The establishment of the National Coal Company is the only key to reform the coal industry in our country. The government of Groysman came to power when…
The reform of the state coalmines, enshrined in the national energy strategy, is aimed at modernizing the coal mines and providing the state with its own coal, Ukrainian Prime Minister Volodymyr Groysman said during an hour of questions to the government at the Verkhovna Rada. “We are the country that must provide itself with all…
According to the State Property Fund of Ukraine, the starting price of the enterprise is 538.98 million UAH. The lot also includes over 85 thousand pieces of equipment not put into operation. The fund has been trying to sell the works for a couple of times now. In 1995 Zaporozhye Aluminum Works received a $76.45…
The coal-preparing shop No. 2 of Avdiivka Coke and Chemical Works decreased electricity consumption by 90 thousand kW this year. The shop operates two powerful magnets, which remove metal particles from the charge. They are hung on the cranes over the conveyer belt and constantly consume electricity. The works has developed the scheme to switch…
In October Zaporozhogneupor increased output of molded, chamotte and magnesia rerfactories. According to the company statement, it produced 9200.82 tons of molded and 371.14 tons of chamotte refractories. In January-October Zaporozhogneupor produced 83197.42 tons of molded refractories, up by 103.65 YoY. (Ukrainian metal)
In October Russia transported 6.17 million tons of ferrous metals via railroad, up by 1% MoM and by 6.3% YoY. In September the results were up by 2.5% and by 10.1%, while in August up by 0.7% and by 2% respectively. In October deliveries to the local market totaled 3.55 million tons, down by 1%…
In January-October Magadan region produced 29.1 tons of gold, up by 16.5% YoY. In particular, 12.1 tons of ore gold and 17 tons of alluvial gold, up by 31% and by 8% YoY respectively. The main contributors in the region were Pavlik (5.2 tons of gold) and Susumanzoloto enterprises (5 tons). This year the region…