As part of its long-term investment program, Acron Group implements a project of complex apatite-nepheline rock processing at Veliky Novgorod production site to produce rare earth elements (REE) cerium, lanthanum, neodymium, concentrates of light, medium and heavy rare earth elements from apatite concentrate process flows. The annual capacity of REE operations is 200 tons of…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 418 769 375 458 June 463 694 429 439 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…
Interpipe, the Ukrainian industrial company and the only producer of railway wheels in Ukraine, has started experimental industrial trials at its new production site for finish machining of railway wheels. The facilities provide KLW with the ability to produce complex products that are in high demand in Europe, America and the MENA region. The total…
Beginning with September 1, ArcelorMittal Kriviy Rih is increasing salary to its employees by 10%. ”In addition to the wages increase, the socially vulnerable groups of employees will also receive 800 UAH per months for partial compensation of housing and utilities expenses from November 2016 till March 2017. Such additions will be given to employees…
Month Russian market, $/t, FCA, without VAT, $1/RUR64.2575* min max May 62 199 June 62 195 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the Russian Federation. (Ukrainian Metal)
Norilsk Nickel Corporate Security Unit at Polar Division – the Polar Transport Branch – has taken part in Vikhr MED-2016 specialist tactical exercises targeted at suppression of a terrorist attack on a maritime economic entity. According to the script of the exercise, which involved over 300 persons, unidentified perpetrators captured a vessel offshore Dudinka Seaport.…
Severniy Mining and Processing Works has completed the program of drilling machines reconstruction at its Pervomaysky quarry. Investments into machinery overhaul totaled some 10 million UAH. According to SevGOK general director Pavel Timoshenko, the repair lasted for almost six months. 2 drilling machines have been completely repaired. “Now the maintenance and repair expenses will be…
Month Russian market, $/t, EXW, without VAT, $1/RUR64.2575* Ukrainian market, $/t, without VAT, EXW, $1/UAH24.854* min max min max May 365 501 446 513 June 487 539 402 423 * – Ukrainian Hrivna and Russian Rouble exchange rates are as of 30.06.16 according to the National Bank of Ukraine and the Central Bank of the…