Omolonskaya Gold Ore Company, a part of Polymetal, intends to switch to solar energy. The project will be carried out at the Kubak Mining and Processing Works in Magadan region. The plant with the capacity of 2.5 MW will be commissioned in 2021. Estimated cost of the project is 300 million rubles. In spring Polymetal…
In January-September Ukraine produced 101 thousand tons of metal structures, up by 6% YoY. The share of enterprises with the output of more than 5 thousand tons has grown. At the same time the number of enterprises with the output below 2 thousand tons has decreased. More than half of the companies demonstrated an increase…
Avdiivka Coke and Chemical Works has repaired the surgery and traumatology department of a local hospital, which now services also people from the nearby villages. The hospital was destroyed by shelling from the Russia-supported terrorists, and the doctors had to move to an old smaller building. Now they have returned to renewed premises. Avdiivka Coke…
In January-September consumption of metal structures in Ukraine grew by 3.16% YoY, to 98 thousand tons. Output in the non-housing construction segment increased the most – by 50.5%, to $1.22 billion. Construction companies account for 80% of local demand for metal structures. (Ukrainian metal)
VEB.RF has provided the first tranche to finance development of the design documentation on the Tomtor rare-earth metals deposit. The loan agreements between VEB.RF, Vostoc Engineering and Krasnokamensk Hydrometallurgical Works were concluded in September. The total amount of the loan is 1.5 billion rubles. The Tomtor deposit is situated in the Republic of Sakha and…
The Alardinskaya mine has become a leader in fulfilling annual output targets among Raspadskaya Coal Company enterprises. The mine has extracted 2.52 million tons of coal. Most of the coal was mined from the long face 6-1-20 commissioned in March. Monthly output amounted to 300-350 thousand tons. (Ukrainian metal)
In January-September the demand for ChTPZ large-diameter pipes grew by 56 thousand tons, or by 2% YoY. In particular, the demand on the domestic market increased by 104 thousand tons, or by 6%, while on the CIS market dropped 3.5-fold, to 213 thousand tons. Exports to far countries went down by 39%, or by 246…
In September Russia exported 15 thousand tons of aluminum wire, down by 4% MoM, but up by 52% YoY. Deliveries to Poland dropped 2-fold, to 940 tons, and to Belarus to 2.6 thousand tons (from 2.7 thousand in August). At the same time exports to Switzerland grew by 13%, to 4.1 thousand tons, and to…