Russia: MMK smelts 800 million tons of steel

Magnitogorsk Iron and Steel Works turns 87. The birthday of the Russian metal giant is February 1, 1932, when the first pig iron was produced at the first blast furnace. In a year MMK added open-hearth manufacture and started producing steel. In August 1934 the mill-500 was commissioned. In 2018 MMK produced 12.7 million tons…

Armenia: re-launch of Teghut mine possible

The Teghut mine might get re-launched, according to Minister of Economic Development and Investments Tigran Khachatryan. When asked about the chances of Teghut resuming operations, the minister said: β€œYes, there is hope, nothing is hindering them to start restoration works after clarifying their relations with the bank,” he said. In 2017, Teghut produced and exported…

Russia: Raspadskaya output up in 2018

In 2018 combined coal output at all Raspadskaya Coal Company LLC enterprises increased by 11%, to 12.7 million tons. In particular, the Raspadsky pit increased mining by 26%, and Raspadskaya-Koksovaya – by 297%. Raspadskaya mine extracted 6 million tons of coal. Coal concentrate sales increased by 7%, to 7.4 million tons. Coal sales grew by…