Rudomine LLC is operating at around 50% of its pre-war capacity because of difficulties with logistics. The main sales market – Ukraine or foreign countries – was not disclosed. Rudomine was registered in May 2010. Its main operational activity is iron ore mining. (Ukrainian metal)
Fire broke out on the territory of Mariupol Ilyich Iron and Steel Works. At first it was not revealed what was on fire at the plant belonging to Metinvest. But later information appeared that it was a unit of the Russian army situated on the territory of Mariupol Ilyich. (Ukrainian metal)
Gold reserves in Kyrgyzstan are estimated at 856 tons and silver – 973.8 tons, the state draft concept for development of the geological and mining industry for 2023-2035 says. At least 99 alluvial gold deposits with total reserves of 7.364 tons and 59 primary deposits with total reserves of 848.636 tons are listed in the…
Sukha Balka had to completely suspend operation due to shortage of electricity at the Frunze mine and the repair of equipment at the Yuvileyna mine. Operation at the Yuvileyna was suspended because of the scheduled repair of the cargo-metering complex. Work was carried out in late November (12 days). In early December ore extraction was…
Uzbekistan has sent a train with copper to Europe along a new route bypassing Russia. The train with copper concentrate will run along the so-called Middle Corridor: Uzbekistan – Turkmenistan – Azerbaijan – Georgia – Bulgaria/Europe with the length of over 4 thousand km. The Caspian and Baltic Seas well be crossed on railroad ferries.…
Fincraft Resources and Monnet Group have signed an agreement to create a ferroalloys plant in the industrial park of Taraz. TB Alloys Kazakh will produce ferrosilicon. At the first stage the volume will be 50 thousand tons per year with the further increase to 100 thousand tons. The project is estimated at $125 million. Most…
Russia started stealing Metinvest metal products back in 2014, when it occupied Donbass, and continues doing this in Mariupol, where the group has two metal giants – Azovstal and Mariupol Ilyich Iron and Steel Works. The group has already filed a suit to the international court over the theft and will make Russia pay. “We…
In October, Ukraine exported 12 thousand tons of pig iron to Turkey, up by 85.2% YoY. In January-October, exports totaled 133.43 thousand tons, down by 43.9% YoY. The decrease is due to the Russian invasion of Ukraine and the Russian blockade of seaports. (Ukrainian metal)