An electric conveyer with the length of 4 km will be put into operation at the Mayskoye deposit in Chukotka, developed by the Mayskoye Gold Ore Company LLC, managed by Polymetall. At present two loading and delivery machines are used in the mine. Until the end of the year, their number will double. Moreover, two…
On August 5, the state enterprise Vostochniy Mining and Processing Works received 30 million UAH from Energoatom to clear debts for electricity consumption. The funds were transferred to electricity suppliers. During the past two weeks, all the auxiliary departments of the Zholtye Vody site were cut off grid for a week. On August 5, there…
In January-July, metal companies shipped 12.7 million tons of metal via railroad, up by 5.7% YoY. In July, metal transportation grew by 17.3%, to 1.91 million tons. In particular, exports went up by 14.1%, to 1.41 million tons, transit – by 50.1%, to 116.9 thousand tons, and inner – by 28.5%, to 349.7 thousand tons,…
In July, Krivoy Rog Iron Ore Industrial Complex increased iron ore output by 4% YoY, to 391 thousand tons. In particular, the Zhovtneva mine yielded 63 thousand tons of ore, Batkivschina – 123 thousand tons, Gvardeyskaya – 110 thousand tons and Ternovskaya – 95 thousand tons. In January-July, KZhRK increased output by 2.6% YoY, to…
On August 9, the State Service of Geology and Subsoil will hold another auction to sell subsoil with the reserves of copper ore at the Zalesy-Shmenki ore field with the size of 2336.7 ha in Volyn region. R1 reserves amount to 160 thousand tons. At present Ukraine does not extract copper. In 2020, the country…
In January-June, Ferrexpo decreased sales by 9% YoY, to 5.57 million tons. The decrease was due to the growth of stocks in H1 2020. Sales to the Central Europe grew from 21% to 34%, to Western Europe – from 4% to 14%, to the Northeastern Asia – from 3% to 8%, and to the Near…
Ukrgazdobycha has signed three agreements with Interpipe Niko Tube for the delivery of seamless steel pipes valued at 268.97 million UAH. Average discount amounts to 10% of the expected cost. In two cases the company competed with Naftoservice LLC, Ukrturboisol LLC and Volzhsk Pipe Works (Russia). During the third trade the competitors were ZSP LLC…
In January-June, Metinvest increased steel output by 10% YoY, to 4.36 million tons. Pig iron manufacture grew by 8%, to 4.41 million tons, while coke dropped by 0.2%, to 2.37 million tons. Manufacture of semi-finished products decreased by 4%, to 1.45 million tons, mostly due to a drop in slabs output by 131 thousand tons.…