Azerbaijan increased export of gold by 24.2% YoY in January-September. The country exported gold worth $150 million, up by $29.2 million. Azerbaijan exported gold worth $25.8 million in September, up by $12.7 million. Gold mining in Azerbaijan is currently carried out by two companies – AzerGold CJSC, which accounts for 51% in Azerbaijan’s gold output,…
Severniy Mining and Processing Works is assembling new transformer machinery in the network and substation shop. Investments amount to 22 million UAH. A power transformer will be replaced to decrease emergency delays and increase capacity of mining and processing machinery. The replacement will be carried out in two stages. At the first, the specialists have…
In October, Zaporizhstal successfully passed a re-certification audit of its integrated quality and environment management systems according to ISO 9001:2015 and ISO 14001:2015, as well as the second supervisory audit according to ISO 45001-2015 (labor protection). The audits have been carried out by the Bureau Veritas Certification Ukraine specialists. Following the inspections, Zaporizhstal has been…
In October, Ukraine increased export of iron ore and concentrate by 31.5% YoY, to 3.8 million tons, valued at $410.9 million, up 2-fold. According to the customs statistics, in 10 months Ukraine exported 38.5 million tons of iron ore raw materials valued at $3.3 billion, up by 15.7% and by 11.5% YoY respectively. China remains…
In January-September, Pobuzhye Ferronickel Plant increased ore processing by 22.6% YoY, to 1.159 million tons, which corresponded to 64,849 tons of ferronickel of ore raw materials (+24%) or 12.3 thousand tons of nickel (+22.8%). The company received 12.4 million UAH of profit. Profit tax amounted to 4.4 million UAH. Average salary reached 11,893 UAH, up…
In January-October, Ukraine decreased ferrous scrap export by 20.5% YoY, to 32.374 thousand tons valued at $8.2 million, down by 27.5%. According to the State Customs Service, in January Ukraine exported 2.87 thousand tons of scrap, in February – 8.01 thousand tons, in March – 493 tons, in April – 256 tons, in May –…
Ingulets Mining and Processing Works is replacing pumping machinery in its ore-processing factory No. 1. 13 new VASA machines have already been assembled. Investments in the project amounted to 55 million UAH. The modernization of pumps will be carried in 2 years. 80 machines will be replaced, with 40 – until the end of the…
Severniy Mining and Processing Works continues replacing electric filters at the LURGI 552 A pelletizing machine in the pelletizing shop No. 2. Three modern gas-purifying machines are already operating. This year, Metinvest has spent 340 million UAH on the project. The goal of the project is to decrease gas emission in pellets manufacture. For this,…
