The Zhitomir District Administrative Court has cancelled the order of the Korosten regional state administration chairman on the approving of the detailed plan of territory for the mining and processing works at the Stermigorod apatite-ilmenite deposits. In October 2013, the administration chairman granted Valki-Ilmenit the right to develop the detailed plan of the territory. In…
Fitch Ratings has upgraded Ferrexpo Plc‘s Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC,’ reads a report on the rating agency’s website. “The outlook is stable. Ferrexpo Finance Plc’s senior unsecured rating was upgraded to ‘B-‘ from ‘CCC’. The Recovery Rating on the senior unsecured rating is ‘RR4’. Ferrexpo’s Short-term IDR was upgraded to…
The minister of energy and coal industry has told the chairman of the Independent Miners Union in Lisichansk Edward Vsevolodsky, that the ministry would without doubt clear all the Lisichanskugol miners salary debts. The minister vowed to clear debts in a couple of days. The state owes Lisichansk miners 70 million UAH. The debts originated…
The so-called Council of ministers of the Lugansk People’s Republic has implemented outer administration at three companies of Rinat Akhmetov. The corresponding “document” has been published on the separatists’ portal. Temporal administration is implemented in Krasnodonugol, DTEK Rovenkiantrazit and DTEK Sverdlovantrazit. The separatists could expand the list of “nationalized” companies. (Ukrainian metal)
The State Fiscal Service has unveiled the scheme of fake technology on metal waste processing at one of Kriviy Rih companies. According to the service, the officials of the metal works supplied controlled companies with 70 thousand tons of iron-containing mud valued at 3 million UAH. Then, having forged processing documents, the raw materials were…
In January Russian railroads transported 31.4 million tons of coal, up by 9.9% YoY. This is the highest result in all the Russian history. Coal export deliveries increased by 20% YoY. Japan (up by 20%), China (up by 25%), Ukraine (up by 20%), UK (up by 10%) and Germany (3.5-fold) showed the largest increase in…
At present there are no technologies in the world that can make metal industry green, Norilsk Nickel vice-president Elena Bezdenezhnykh believes. “We are constantly improving the ecological conditions. By 2023 the company will have invested 250 billion rubles into environmental projects. But, unfortunately, there is no technology that can make metallurgy green. At best it…
All Ukrainian companies, registered on the territory of the so-called Donetsk People’s Republic, Russia-supported terrorist organization, have to register in the legal field of DPR by March 1. “If they don’t register, on Wednesday they will be under out jurisdiction. Because of the railroad blockade a number of enterprises were shut down, including the Yenakievo…
