In January-April Ukraine imported 4832.316 thousand tons of coal valued at $770.936 million, down by 9.7% and up by 66.2% YoY respectively. April saw coal imports at $201.304. According to the State Fiscal Service, Russia supplied $433.931 million worth of coal (56.29% of the total), USA – $159.502 million (20.69%), Australia – $54.702 million (7.1%),…
Group IST of Alexander Nesis, through Powerboom Investments Limited, has increased its share in the gold-mining company Polymetal to 27.13% from 26.87%. Nesis bought 1.895 million shares, or 0.26% of the stake. As the shares are sold at around 10 GBP, the stake purchased can be estimated at 19 million GBP ($25.5 million). Out of…
Evraz dispatched a batch of nodules produced at Kachkanarsk Mining and Processing Works to US Steel Kosice, the biggest steel mill in Slovakia. The nodules fully meet the customer’s requirements in chemical composition and physical properties. The content of iron in the nodules is above 60%; such high strength and solidity characteristics allow producing high…
Reserves of the Smolinskaya mine, a part of Vostochniy Mining and Processing Works, at the Vatutinskoye uranium deposit are below 1.4 thousand tons. The mine is expected to have finished operation at the deposits in 3-5 years. At present VostGOK operates at 4 uranium deposits: Vatutinskoye, Michurinskoye, Central and Novokonstaninovskoye. The first three have been…
The State Geology and Subsurface Service has cancelled 62 special allowances to use subsurface resources in Donetsk and Lugansk regions because of the absence of reports on mining in 2015-2016. The list contains among others Mariupol Ilyich Iron and Steel Works, Makeevugol and Dokuchaevsk Flux-Dolomite Complex. (Ukrainian metal)
In March the salary debt to state miners increased by 46.5% MoM, or by 20.222 million UAH, to 63.682 million UAH. According to the Ministry of energy and coal industry, as of March 1, the debt was 43.46 million UAH, and as of April 1 – 63.682 million UAH. As of January 1, the debt…
Ukrainian companies seized by the terrorist organizations of Donetsk and Lugansk People’s Republics, supported by Russia, start to shut down. “Anthracite coal, mined there, is needed neither by them, nor by Russia. They have enough of their own coal. The only way is to shut down. The mine named after Zasyadko is shut down, employees…
Russky Radiator LLC has finished construction and assembly at the free sites of Nadvoitsy Aluminum Works. The company will be producing aluminum radiators at the new site. The quality of the products will be controlled at each stage. In June all the machinery will be trial-tested, while the full manufacturing capacity is expected to be…
