Ukraine: Ukrzaliznytsia scrap auctions fail

On February 6, the South-Western Railroads, a subsidiary of Ukrzaliznytsia, held its first scrap auctions with the total value of 4.2 million UAH. The trade was announced on January 25. Only 2 companies participated: Nizhin Research and Mechanical Plant (NDMZ) and Trading House Budkom. The initial price of the auction was 5935 UAH per ton.…

Uzbekistan: Almalyk GOK finds new products

In 2016 Almalyk Mining and Processing Works manufactured an industrial machine to produce coal briquettes. The further works is underway.

In January the works produced and assembled 5 new machines. By May the company plans to have produced 61 units.

Uzbekistan: Almalyk GOK starts producing new wares

Almalyk Mining and Processing Works started manufacturing new product – copper wire.

The output at the shop will reach 5 thousand tons of copper wire per year with the diameter of 1-4.5 mm.

Raw materials – copper wire rod – will be supplied by Uzkabel.

The project allowed creating 23 new jobs. (Ukrainian metal)

Ukraine: separatists want Ukrainian metal and mining works “nationalized”

The Russia-supported militants are prepared to “nationalize” major industrial enterprises, according to the head of the terrorist organization Lugansk People’s Republic Igor Plotnitsky. The so-called “parliament of LPR” has approved of the decree to make amendments to the law “On taxes”. According to it, all the companies operating in the region, but not registered in…

Russia: Onexim to sell part of RUSAL stake

Russian tycoon Mikhail Prokhorov’s Onexim Group is preparing to sell part of a 17.02% stake in aluminum giant UC RUSAL on the market, Bloomberg reported citing sources familiar with the situation. Earlier Bloomberg reported citing sources that RUSAL was considering selling up to 20% of its new shares in London. The company sees good possibilities…

Kyrgyzstan: licenses of two gold miners suspended

The licenses of two gold mining companies in Kyrgyzstan were suspended, the State Committee of Industry, Energy and Subsoil Use reported. The license of «Aksyaltyn Gold» LLC, which produces placer gold in Chon-Alai district of Osh region, and the license of «Andash Mining Company» LLC, mining gold in Talas region, were suspended. Licenses of other…

Russia: VSMPO-Avisma puts own furnace into operation

VSMPO-Avisma has put a new homogenizing furnace into operation.

This is the fifth machine to be constructed in shop No. 1.

The furnace was designed, constructed, assembled and put into operation by the company specialists.

The homogenizing or the artificial ageing improves the metal structure. (Ukrainian metal)

Ukraine could do without Donbass anthracite at all

Ukraine has enough resources to stop using the anthracite coal delivered from Donbass in case the corresponding political decision is taken. “If a political decision is taken and on the governmental level we are told to block and not exchange goods anymore, Ukraine has enough resources to completely stop buying the anthracite coal”, energy and…

Russia: Koks-Mining to increase coal output

In 2017 Koks-Mining enterprises intend to increase coal output by 23%, to 2.7 million tons from 2.2 million tons in 2015. According to the company CEO Victor Shevtsov, output could grow even more – to 2.9-3 million tons, as this spring the company plans to greatly increase its mining capacities by putting into operation the…