Kyrgyzstan: MPs propose indefinite moratorium on uranium mining

Members of the Parliament of Kyrgyzstan propose to introduce an indefinite moratorium on uranium mining, leader of Ata Meken faction Almambet Shykmamatov reported. According to him, Altynbek Sulaimanov, head of Bir Bol faction, and Kanat Kerezbekov, Chairman of the Committee on Constitutional Legislation, State Structure, Judicial, Legal Issues and Regulations of the Parliament, signed the…

Russia: SUBR bauxite output down in Q1 2019

In January-March, Severouralsk Bauxite Mine, a part of Rusal, decreased output by 15.3% QoQ, to 529 thousand tons of bauxites. In Q4 2018 the output was 625 thousand tons, and in Q1 2018 – 555 thousand tons. Another Rusal asset – Uralskaya Folga – increased manufacture by 31% QoQ, to 5.5 thousand tons of aluminum…

Russia: VSMPO-Avisma net profit up in 2018

In 2018 VSMPO-Avisma net profit grew by 11.3%, to $244.5 million. EBITDA increased by 10.9%, to $650.2 million, and revenue – by 7.3%, to $1.617 billion. Sales revenue dropped by 3.1%, to $926.5 million. The corporation fixed liabilities increased by 2.5%, and as of December 31, 2018 totaled $1.719 billion, while current liabilities grew by…

Russia: Sibcable sets historic record of copper processing in March 2019

In March, Sibcable processed 1516 tons of copper, which became its historical record.

On average the plant processes 1.1-1.2 thousand tons of copper per month.

In March 2018 the result was 1423 tons. (Ukrainian metal)

Uzbekistan: production of carbon steel wire with Chinese technology launched

The Uzbekistan Iron and Steel Works (Uzmetkombinat) has launched the country’s first production of carbon steel wire (wire rod). The implementation of this project will make it possible to produce import-substituting products worth at least $43.7 million a year, and to increase the annual export potential of the plant by 30,000-50,000 tons of products with…

Ukraine: 13th place in top steel manufacturers retained in Q1 2019

In January-March, steel output in the world totaled 444.12 million tons, up by 4.48% YoY.

According to Worldsteel, China remained the leader with 231.07 million tons of steel produced, up by 9.92%. China’s share totals 52.02%.

Ukraine remained on the 13th position with 5.51 million tons of steel produced, up by 4.6%. (Ukrainian metal)

Russia: Evraz steel output up in Q1 2019

In January-March, consolidated steel output by Evraz enterprises grew by 12.4% QoQ, to 3.5 million tons. The increase has to do with the growth of pig iron output following the capital repairs of the blast furnace No. 3 at Evraz ZSMK last year. Steel sales increased by 8.4%, with semi-finished products sales up by 29%.…

Kazakhstan: 1,500 people to be employed after commissioning of Pavlodar Electrolysis Plant second phase

President of Kazakhstan Kassym-Jomart Tokayev puts high hopes on construction of the second phase of Pavlodar-based Electrolysis Plant. “This project will enable us to attract 150 billion tenge of investments till 2023 and aluminum production will rise 2-fold,” Kassym-Jomart Tokayev said at the meeting with the staff of the plant. In his words, up to…