ArcelorMittal Kriviy Rih has announced the decommission of its oldest sintering line, that has been used to provide around 8 thousand tons of sinter per day to the blast furnace No. 1, due to the decrease in output because of the war and in order to conform to its obligation to decrease environment impact. Now…
Sukhaya Balka intends to replace electric detonators with non-electric ones in order to improve efficiency and safety of explosive works. Electric detonators have a 5% rate of failure. Thus, there could be 800 failed explosions in a year. This results in additional work of demolition workers and tunnellers. Moreover, electric detonators are dangerous. The innovation…
Due to logistics limitations, in 2022 Zaporizhstal worked at 50% of its capacity. According to the CEO Roman Slobodyanyuk, at the end of last year the company had to additionally decrease capacity due to the lack of electricity connected with Russian missile attacks on energy infrastructure. “At the end of 2022 we faced problems in…
The Pokrovskoye Mine Group is preparing to launch for long faces. They will be gradually commissioned this year. The first long face to be launched will be the 9th northern face of the block No. 10. Its reserves exceed 1 million tons of coal. The first coal will be produced in March. (Ukrainian metal)
The Supreme Anticorruption Court has not satisfied the claim of the Ministry of Justice on the confiscation of Demurinskiy Mining and Processing Works and other companies controlled by the Russian billionaire Mikhail Shelkov. The court did not find the proofs of Shelkov having control over DemGOK strong enough. DemGOK via its Cyprus owner has a…
In 2022, Navoi Mining and Metallurgical Works manufactured 56.6 trillion sums worth of products, up by 106.2% YoY. 18 trillion sums were paid to the state budget. Over 6 years, gold output grew by 21% and silver – by 46%. Last year, the company invested $486 million in development and carried out three large projects…
A large gold deposit has been discovered in Serbia. Gold content in concentrate could exceed 93%. Additional prospecting must be carried out to determine reserves. (Ukrainian metal)
In December 2022, Ukraine exported 75.14 thousand tons of semi-finished steel products, down by 16.2% MoM and by 86.8% YoY. According to the State Customs Service, revenue dropped by 17.3% MoM and by 87.3% YoY, to $43.84 million. In 2022, exports totaled 1.899 million tons valued at $1.19 billion, down by 72% and by 70.9%…