In 2019, Novotroitskoye Ore Group increased net profit by 17.6% YoY, to 234.094 million UAH. EBITDA grew by 14.9%, to 281.895 million UAH. Net income went up by 13.6%, to 1.048 billion UAH. Undistributed profit amounted to 1.033 billion UAH. (Ukrainian metal)
In January-November 2020, Chukotka Autonomous District yielded 20873 kg of gold, on par with the previous year level. Ore gold output grew by 2%, to 18970 kg, while alluvial gold – dropped by 18%, to 1903 kg. The district also produced 90.8 tons of silver, down by 4%. (Ukrainian metal)
In 2020, Ukraine exported 18.514 million tons of ferrous metal products valued at $7.69 billion, down by 0.7% and by 11.9% YoY respectively. Scrap exports dropped by 15%, to 35.9 thousand tons, while pig iron grew by 20.3%, to 3,104.8 thousand tons, and semi-finished products – by 6.3%, to 7,489.5 thousand tons. Semi-finished products accounted…
The Commercial Court of Dniepropetrovsk region has declared concluded an addendum to the agreement on the lease of a land plot between Sukhaya Balka and Krivoy Rog City Council. The agreement was concluded on March 10, 2016. According to the agreement, Sukhaya Balka paid 1.7 million UAH per year for the land plot of 59…
In November, salaries in metal and mining industry decreased. By-product coke plants experienced the largest drop – by 10.9%, to 17.3 thousand UAH. In November, average salaries were as follows: at mining enterprises – 17.4 thousand UAH (-4.9%), at pipe enterprises – 13.2 thousand UAH (-3.5%), at ferrous metallurgy enterprises – 16.7 thousand UAH (-5.4%)…
Azovstal has commissioned a new blast furnace slag car in the metal slag processing shop. Investments in the purchase amounted to 4.6 million UAH. The volume of the car is 16.5 cubic meters and weight – 65 tons. The temperature of hot slag is 1300-1400 degrees C, which results in a periodical need to replace…
Kazatomprom and CGN Mining have announced the sale by the former of 49% in the Ortalyk Mining Enterprise. Ortalyk controls the development of the Mynkuduk and Zhalpak uranium deposits. The capacity of Mynkuduk is 2 thousand tons of uranium per year and the enterprise has already reached its design capacity. The capacity of Zhalpak is…
Maxiprom Group LLC has constructed a factory at Marganets Mining and Processing Works. The factory will process up to 5 million tons of manganese ore slag into 1 million tons of concentrate per year. The construction lasted for 2 years. (Ukrainian metal)