The London Bullion Market Association (LBMA) has removed Kyrgyzaltyn OJSC from the LBMA Good Delivery List. The Kyrgyz company is not included in the list of reliable suppliers that could negatively affect the activities of the refinery, the cost of gold and the investment attractiveness of Kyrgyzstan. Executive Director of the International Business Council (IBC)…
The chairman of the State Service of Geology and Subsoil of Ukraine Roman Opimakh has held a meeting with the head of the Marubeni Corporation representative office in Ukraine Ashitani Yasukhiro. The corporation is interested in “green” investments in Ukraine and raw materials to produce batteries for electric cars and devices. In particular, they are…
Novokramatorsk Machine-Building Works has produced a skip hoisting machine to lift gold-containing ore for Navoi Mining and Processing Works in Uzbekistan. This is the second hoisting machine produced for the Uzbekistan works. The first was shipped in August. It is intended to transport people and equipment. In 2020, NKMZ increased sales by 0.9% YoY. (Ukrainian…
In January-July, Kazakhstan extracted 62.8 million tons of coal, down by 0.5% YoY. Pavlodar region produced 37.2 million tons, down by 2.3%, Karaganda – 21.1 million tons and East-Kazakhstan region – 4.2 million toms. Kazakhstan exported 16 million tons of coal valued at $254.9 million, up by 29.2% and by 31.9% YoY respectively. Exports to…
The largest gas-extracting company in Ukraine – Ukrgazdobycha – intends to buy 343.3 tons of sheet metal valued at 20.7 million UAH. In particular, the company will buy 0.3 tons of 65G sheets, 60 tons of cold-rolled sheets and 283 tons of hot-rolled sheets. The auction is scheduled for November 23. The offers are accepted…
In January-July, Ukraine increased iron ore exports to Turkey 4-fold YoY, to 728.3 thousand tons. In July, exports amounted to 156.3 thousand tons, up by 57.9%. Ukraine is the fourth largest supplier of iron ore to Turkey with the share of 11%. (Ukrainian metal)
Interpipe Niko Tube has completed an investment project to create its own manufacture of cold-drawn pipes with the diameter of 21 to 32 mm. Trial batches have already been produced and the company has started fulfilling the first order. Small-diameter cold-drawn pipes are one of the directions in developing sales of pipes for machine-building. There…
In August, Ferrexpo decreased pellets output by 11.2% YoY and by 14.9% MoM, to 870 thousand tons. In January-August, manufacture grew by 1%, to 7.43 million tons. In H2, the company expects an increase in output by 0.5-1 million tons per year, as in H1 modernization of manufacture was carried out. (Ukrainian metal)
