In January-June Korshunovsky Mining and Processing Works increased iron ore concentrate output by 5% YoY, or by 66 thousand tons, to 1.4 million tons. Ore mining exceeded 4 million tons, with 1.9 million tons yielded by the Korshunovsky quarry and 2.2 million tons by the Rudnogorsky mine. (Ukrainian metal)
Seligdar has put a new gold-extracting factory at the Ryabinovoye deposits. The construction lasted for 2 years and required 6.3 billion rubles of investments. The Seligdar factory at the Ryabinovoye deposits is the largest gold-mining enterprise in the region to start operating in the last 30 years. Especially for the factory, the Tyazhmash company produced…
Globus-Stal has put into operation a new manufacturing line to produce electric-welded pipes of stainless steel. The company has already made its first order – the 6-meters long pipe with 16 mm diameter and 1 mm wall thickness. Globus-Stal is able to produce 16-60.3 mm diameter pipes with wall thickness of 0.4-3 mm. (Ukrainian metal)
The Raspadskaya Processing Factory has processed 100 million tons of coal, since it has been put into operation. The factory started operating in 2005. The enterprise processes coal of 0-300 mm classes. Its project capacity is 15 million tons of coal per year with daily norm of some 38 thousand tons. (Ukrainian metal)
Evraz NTMK has put into operation the site of round rolled metal dressing. This will double the capacity of the site, improve the dressing quality and increase product range. The new line will process round billets of 70-250 mm diameter. This allows Evraz NTMK to start working with the large diameter round billets: 160, 180…
Metalloinvest has put the new hot-briquetted iron complex (HBI-3) into operation at the Lebedinsky Mining and processing Works. Investments totaled $660 million. The HBI-3 capacity is 1.8 million tons per year. When the complex reaches its project capacity, the GOK will be able to produce 4.5 million tons of HBI per year. (Ukrainian metal)
Russian precious metals producer Polymetal International has agreed to buy 7% in a joint venture that develops the Nezhdaninskoye gold ore field and acquired an option to buy the remaining 75.3% in the venture and raise its stake to 100%, Polymetal said in a statement on July 17. “Polymetal International has agreed to acquire an…
The Industrial-Metallurgical Holding has put into operation two new mines in Kemerovo region: the second stage of Butovskaya mine and the mine named after Tikhov. Investments into construction of Tikhov mine totaled 12,5 billion rubles. The project capacity of the first stage is 1.8 million tons. This year 1 million tons of coking coal will…