In January-February, Khabarovsk region produced 1385.3 kg of gold, up by 4.8% YoY. Only companies developing ore gold deposits are operating at the moment. Alluvial gold extraction will start in May-June. (Ukrainian metal)
Petropavlovsk Plc has corrected an option agreement with Agestina Ltd (Cyprus) to buy 25% in TEMI LLC, which owns a license to develop the Elginskoye ore field. The amendments presuppose a fixed cost of new shares in the volume of £0.179 per share, with the pound sterling rate of $1.3206. This will allow Petropavlovsk decreasing…
In 2019, Energomashspetsstal manufactured products worth 1.94 billion UAH. This year the company intends to sell 3.71 billion worth of products. The number of employees as of early 2020 totaled 1,437 people. Last year the company shipped 20 thousand tons of products to customers. The key clients were the Kudankulam NPP (India), Akkuyu NPP (Turkey)…
According to Alexei Agureyev, ArcelorMIttal Temirtau CEO advisor, the company is operating in normal mode. “In order to protect the health of our employees we have developed a plan of activities in crisis situations, which includes all possible scenarios. At present we have no problems with steel manufacture or coal and ore mining. The quarantine…
In 2019, Uralelectromed received 199.7 million rubles of net profit, as opposed to a loss of over 807 million rubles in 2018. In 2017, the company profit was 1.3 billion rubles, and in 2016 – 2.8 billion rubles. Revenue in 2019 grew by 11%, to 46.27 billion rubles. Sales profit decreased 2-fold, to 753 million…
In 2019, Kirov Non-Ferrous Metals Processing Works received 641.2 million rubles of net losses, up 4-fold YoY. Until 2017, the company was demonstrating profit. Thus, in 2016 it received 1030 million rubles of net profit. Revenue in 2019 totaled 8.77 billion rubles, down by 4% YoY. Sales profit grew 2-fold, to 107 million tons. (Ukrainian…
For the past 6 years, Chelyabinsk Zinc Works has been receiving profit. In 2019, the net profit grew by 76%, to 3.39 billion rubles. Revenue dropped by 21%, to 26.55 billion rubles. Sales profit decreased by 26%, to 4.5 billion rubles. (Ukrainian metal)
ArcelorMittal Kriviy Rih began intensive sanitization of its checkpoints and stop pavilions at the plant’s territory. Twice a day, the rescuers of the State Fire and Rescue Team No. 4 help to prevent the spread of COVID-19 infection among employees and contractors who work on the territory of the plant. The checkpoints and stop stations…