Uzbekistan: tungsten cluster to be created

IFG Metals & Mining and the State Committee on Geology and Mineral Resources have signed an exclusive agreement on the prospecting and development of 7 tungsten deposits. Under the agreement a tungsten cluster will be created in Uzbekistan. Investments in 25-30 years will reach $300 million, and some 1500 jobs will be created. IFG will…

Russia: Medvedev orders government to auction copper and cobalt ore site

Russian Prime Minister Dmitry Medvedev has signed a ruling to hold a 413.07-million ruble auction.

The right to develop the Zapadny Kara-Kulsky bismuthiferous copper and cobalt ore site in the Altai region will be sold, according to the ruling published on the government’s website on October 2. (Prime/Ukrainian metal)

Russia: EZOTsM platinum-rhodium alloys manufacture highly appreciated

High quality of platinum-rhodium alloys produced by Yekaterinburg Non-Ferrous Metals Processing Works has been confirmed by foreign specialists. They have analyzed the manufacture and contents of the platinum-rhodium alloys and are sure that the quality and control management system is of such a high level, that the cases of faulty material provision are almost excluded.…

Russia: Chuvashia to develop aluminum projects

The Republic of Chuvashia is open to investments and is ready to support projects in aluminum sphere. According to the republic governor Mikhail Ignatiev, there are now 10 projects in the pipeline, including the construction of an aluminum bridge. Together with the Aluminum Association a welding center has been created at the State University named…

Russia: UralKuz arc shop turns 60

The arc steel shop No. 3 of Uralskaya Kuznitsa has celebrated its 60th anniversary. The shop was one of the first to create “special metallurgy” in Russia. The sphere had to provide for the development of high-tech industries: rocket construction, nuclear industry, submarine construction, space exploration, etc. For this, materials were needed with characteristics far…

Ukraine: Zaporizhstal replaces CFO

Sergey Rozhok has been appointed the financial director of Zaporizhstal. Previously he has worked for PWC and Syngenta. According to the company statement, his task is to improve operational efficiency of the enterprise, strengthen the company positions on the market and continue implementing the program of environmental modernization. Natalia Mikhayskaya, who has been acting financial…

Ukraine: 5 million UAH worth of illegal coal detained in Lugansk region

The employees tax police of the State Fiscal Service have seized 1.8 thousand tons of illegally mined coal valued at over 5 million UAH.

The coal has been seized and arrested under the criminal case on the illegal mining on the territory of Lugansk region.

The investigation is underway. (Ukrainian metal)