The Central Mining and Processing Works has implemented an energy saving model, which would decrease the product prime cost. According to the company CEO Dmitry Shevchik, it now uses frequency regulation systems. They allow decreasing electricity usage and increasing the lifecycle of the equipment. At present the company operates 12 electric devices to control pumps,…
The miners of the DTEK Pavlogradskoye Mine Group have yielded 2 million tons of coal ahead of plan. In 2016 the enterprise put 6 new long faces into operation and invested 471 million UAH, which allowed it to reach such results. This year the company intends to put 3 more long faces into operation and…
Baikalrud LLC intends to construct a Yugo-Zapadniy mine at the Noion-Tologoyskoye polymetallic ore deposits. “Its projected capacity will be 850 thousand tons of ore per year. Earlier we were allowed to start constructing the Yugo-Vostochniy mine with the capacity of 350 thousand tons. It is being constructed. In 2019 we intend to put both of…
The Department of the home market protection of the Eurasian Economic Commission has published a report on antidumping investigation as to hot-rolled steel angles originating from Ukraine. The department says that in 2013-2015 the decrease in consumption of the products was 16.7%, the decrease of imports – 41.3%, of manufacture – 16.8%, sales – 16%,…
In June the Pipe Works named after Makarov “Profil-Akras” produced 16830 tons of pipes and sold 16200 tons. In July the company intends to produce and sell 20 thousand tons of pipes. In January-June the works produced 63 thousand tons of pipes and sold 65 thousand tons. (Ukrainian metal)
The United Mining and Chemical Company has paid 321.848 million UAH of dividends for 2016 to the state budget. This is the largest payment of the type to the state budget in all the company history. This payment has been possible thanks to the increase of profit. If in 2015 UMCC received 630 million UAH…
Nornickel presented its Sulphur Project, the company’s largest environmental initiative that would help address the issue of sulphur dioxide emissions. The event was attended by Sergei Ivanov, Special Presidential Representative for Environmental Protection, Ecology and Transport, Sergei Donskoy, Minister of Natural Resources and Environment, Alexander Neradko, Head of the Federal Air Transport Agency, Elena Bezdenezhnykh,…
The minority shareholder of the Industrial Union of Donbass Corporation Sergey Taruta has denied the fact of holding negotiations with Metinvest as to the sale of Dneprovsky Iron and Steel Combine. “As far as I know, this is not true. There are talks with Metinvest as to the debt settlement. But this is not about…
