PJSC «MMC «Norilsk Nickel», the largest global nickel and palladium producer, reports that its Board of Directors calls an Extraordinary General Meeting of shareholders (EGM) on December 16. The Board of Directors has recommended for the EGM approval an interim dividend payment for nine months of 2016 in the amount of 444.25 rubles (approximately $6.95)…
Interpipe intends to increase its export sales by constructing two more railroad car wheel treatment lines. “Our goal is to increase exports sales: to Europe, USA, Mexico. We would go on investing and increasing our capacities. We have plans for at least two such stages (wheel treatment)”, the company finances and economy director Denis Morozov…
Zaporizhstal calls on the government to create conditions to attract investments into the river transportation infrastructure to efficiently use the river Dnepr potential. According to the company statement, there are 10 river ports along the 1 thousand km of the Dnepr, and yet only 0.5% of the total cargo in Ukraine is transported via rivers.…
Russian metals giant Norilsk Nickel may issue green Eurobonds to fund a $1.74 billion sulfur dioxide capture project for Nadezhda Metallurgical Plant, Artyom Pozdnyakov, head of the department for organization of financing, reported. Norilsk Nickel will work out plans for the project’s financing next year. “We will look at what instruments will be there. The…
PJSC «MMC «Norilsk Nickel» has signed the contract on sulfur dioxide capture project for Nadezhda Metallurgical Plant located at the company’s Polar Division with SNC-Lavalin, Canada. The Board of Directors of the company approved of the contract on November 7. The contract is divided into two phases: developing a detailed project design documentation (first phase)…
In uranium mining Ukraine has a number of technological and economic advantages that allow it to freely compete with other uranium-mining countries. One of the most important economical indicators of uranium ore mining is the prime cost of the technological processes. If all the factors that constitute the final cost of the uranium ore are…
The plant will produce a variety of metal products, among them heavy-duty grids for further production of gabion systems used for prevention and elimination of emergency situations. The projected capacity of the plant will amount to 5,000 tons of metal products per year at the first phase, with its further increase. It is expected that…
Steel rope and wire producer Silur in Khartsyzsk has been idle since late September. For the past 2 years the production has been stopped a couple of times. Now the employees worry that after the latest halt the operation will not be resumed. During the Silur halt its employees received 2/3 of the wages. The…
