The deputy economic minister Sergey Nazarov has confirmed that the so-called Donetsk and Lugansk People’s Republics sell coal to Russia, and it in its turn reexports it to other countries. According to Nazarov, each month some 1 million tons of coal from the occupied Donbass are sold that way. Thus Russia helps DPR and LPR…
Lisichanskugol (Lugansk region) has ordered the Komsomolskaya Central Processing Factory the processing of 82.1 thousand tons of coal for 7.74 million UAH. The services were ordered following 2 auctions. At one auction Komsomolskaya offered to process coal at 94.52 UAH per ton, at another – at 94 UAH. (Ukrainian metal)
The Pechersk district court of Kiev has arrested the assets of the largest ferroalloy producer Nikopol Ferroalloy Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works under the Privatbank embezzlement case. The General Prosecutor’s Office is investigating the embezzlement of 19 billion UAH provided to Privatbank in 2008-2016 by the National Bank…
Sibcable has started producing the HoldMine mine cable, which corresponds to the new requirements of Rostechnadzor. The new requirements dictate using mine cables with improved characteristics. The first batches of new cable have already been supplied to Kuzbass coal companies. (Ukrainian metal)
Two new hydraulic drilling mills with DML LP diesel engine have joined the drilling fleet of Krasnobrodsky and Kaltansky pits, parts of Kuzbassrazrezugol. They will be used to drill shafts when carrying out explosion works. The planned output of DML LP is 22 thousand meters of shafts per month. The company has been modernizing its…
Kamensk-Uralsk Non-Ferrous Metals Processing Works has increased sales to Russian machine-building companies. In January-August sales grew by 1.5 thousand tons, or by 71% YoY. Rolled brass and copper account for 90% of sales, rolled bronze share is 8%. Machine-builders demand rods (53%), sections and plates (21%) and rectangular wire (11%). (Ukrainian metal)
Lebedinsky Mining and Processing Works has produced the 700-millionth ton of iron ore concentrate. The first ton of the concentrate was received in November 1972. At that time the capacity of the works was 7.5 million tons of ore per year. Now its capacities are much higher – to produce 100 million tons of concentrate…
MMK is preparing to purchase Lysva Iron and Steel Works. According to a source, the parties have signed preliminary documents and MMK has applied to the Federal Antimonopoly Service. The Service confirmed the receipt of the documents on August 17, but prolonged their reviewing to study the competition environment. MMK says it is regularly monitoring…