“The agreements of Centerra and the government of Kyrgyzstan will have a good impact on the investment climate of the republic,” the head of the International Business Council Askar Sydykov said, commenting on the Cabinet’s statements on the agreement reached. “A detailed assessment of the agreements can be given when all of their details will…
The minister of energy and coal industry Igor Nasalik says Ukraine is experiencing the shortage of gas coal to replace anthracite. In 2017 anthracite consumption dropped by 3.5 million tons and is expected to decrease by 3 million tons more in 2018. Nasalik has addressed the Ministry of finances to provide funds for investments into…
Zaporizhstal is implementing the project on remechanization of its diesel-locomotive shunters. According to the company statement, this will improve the lifetime of its fleet comprising 80 locomotives. In August the works carried out a pilot project. Investments totaled 8 million UAH. The modernization of the locomotive has been carried out by Nikolayev Locomotive-Repair Plant. Modernization…
GV Gold has put into operation the Taryn Mining and Processing Works at the Drazhnoye deposits of Taryn ore field. Vysochaishiy acquired the license to operate at the Drazhnoye deposits in late 2012. The capacity of the first stage of the GOK is 700 thousand tons of ore per year. When it reaches its project…
Zagorsky Pipe Works has successfully tested pipes with the new coating. Metalen PE-21 is the most promising development from Metalclay in pipe insulation. It is a single-layer polyethylene coating, which excludes the usage of an adhesive when applying external protection to the pipe surface. After all the technical conditions are included in the Gazprom Registry…
Kyshtym Electrolytic Copper Plant is preparing to assemble new conveyers in the copper electrolysis shop. The transport lines will connect the current and additional electrolysis baths. The system will include 2 universal and 2 accumulative conveyers. The universal reverse transporters with the lifting capacity of 25 tons each will be used to move matrices, matrices…
Izhstal has completed capital repairs of its bars finishing line. The line is very important for the works as it provides for the high precision of the size and the highest quality of the metal surface. Products are supplied to the aviation, automobile, oil-and-gas industries, as well as machine-building. The line is used for external…
In January-July Ferrexpo exported 5.87 million tons of iron ore pellets. In particular, Poltava Mining and Processing Works exported 4.705 million tons of pellets, while Yeristovo GOK – 1.165 million tons. At the same time Karelsky Okatysh exported 2.875 million tons of pellets, Mikhailovsky GOK – 2.148 million tons, Lebedinsky GOK (all three – Russia)…
