This year, Pokrovsk Mining and Processing Works plans to produce as much as in 2022. According to the technical director Victor Bondarets, the enterprise is idle now and will remain like this until at least April 1 due to the shortage of electricity. “We will resume operation from April 1, when the heating season ends,”…
Since the beginning of the Russian invasion, Metinvest has provided the Armed Forces of Ukraine with almost 1 million liters of fuel and 312 various machines. At first special machinery was supplied – trucks, bulldozers ad excavators. They were used in the construction of defence lines. Then Metinvest organized delivery of cars from abroad. They…
The government of Azerbaijan forecasts gold output at the level of 3.104 tons in 2023. In 2024, the output is expected to grow to 3.1235 tons, in 2025 – to 3.1415 tons and in 2026 – to 3.1545 tons. Thus, in 2026 gold output will grow by 1.6% from the 2023 level. In January-November 2022,…
The Ministry of Justice has received information that Rusal supplies aluminum products to the enterprises of the Russian military complex involved in the development and manufacture of military machines, weapons and ammunition to the armed forces of the terrorist-state. Rusal is owned by the Russian oligarch Oleg Deripaska. Most of the aluminum products are made…
In 2022, Ukraine produced 6.263 million tons of steel, down by 70.7% YoY. According to Ukrmetallurgprom, pig iron manufacture dropped by 69.8%, to 6.391 million tons. Rolled metal output decreased by 72%, to 5.35 million tons. (Ukrainian metal)
Last year, Zaporizhstal mastered the manufacture of 8 new types of cold- and hot-rolled metal for key domestic and foreign customers. In particular, the portfolio of hot-rolled products was joined by three types of rolled metal and three types of sheets, previously produced at Metinvest Mariupol enterprises. Thus, Zaporizhstal started producing hot-rolled sheets with the…
The shareholders of Interpipe Novomoskovsk Pipe Works have approved the operational report for 2021. The decision was taken at the annual meeting on December 28, 2022. The revision commission has been revised, with Hanna Kushnir reelected and Yuliya Vedmidyova and Helena Fedorchenko elected. In 2021, Interpipe NMTZ increased net profit 2.2-fold YoY, to 175.722 million…
In 2022, Almalyk Mining and Processing Works exported $947.5 million worth of products, exceeding the forecast by 10.8%. In particular, copper exports totaled 75.208 thousand tons, up by 1.9%, and zinc – 58.737 thousand tons, up by 15.9%. Export geography has widened. Thus, the company has entered new markets – Spain, Austria, Germany, Finland, Canada,…