Kyrgyzstan: operation of Kumtor mine to by extended

Operation of Kumtor mine may be extended. This was announced at a meeting of the Prime Minister of Kyrgyzstan Mukhammedkaly Abylgaziev with the President and CEO of Centerra Gold Inc. Scott Perry. According to the Information Support Department of the Government’s Executive Office, the parties discussed issues of the company’s work. In particular, at the…

Ukraine: vessel transporting AMK metal released

The Comet ship with 3 thousand tons of Alchevsk Iron and Steel Works metal, arrested in early November, left the Mariupol port without cargo.

All the metal is kept at the port.

The ship is in the Sea of Marmara already. (Ukrainian metal)

Russia: OMZ-Spetsstal gets new CEO

The director of Izhorskiye Zavody Yuri Gordienkov has been appointed CEO of OMZ-Spetsstal LLC.

The decision was taken in order to consolidate the operation of both enterprises to fulfill the contract with Rosatom.

Gordienkov has been working at Izhorskiye Zavody for 30 years. (Ukrainian metal)

Russia: TMK Chermet sells 500 tons of Rusal scrap

In October TMK Chermet won a tender to sell scrap of Rusal Ural.

The scrap and used metal structures were taken from the territory of Rusal Kamensk-Uralsky.

The total weight of scrap was 507 tons. (Ukrainian metal)

Russia: MMK railroad sales up in October 2018

In October MMK shipped 949.5 thousand tons of metal via railroad abroad and to local customers, up by 7.4% YoY.

In 10 months sales grew by 0.7% YoY, to 9 million tons.

Russian customers received 5.8 million tons, up by 5.2%, and exports totaled 3.21 million tons, down by 6.4%. (Ukrainian metal)

Russia: Bryansk region to produce tungsten and molybdenum oxides

Unecha Works of Refractory Metals will open a manufacture of tungsten and molybdenum oxides in the Bryansk region.

At present molybdenum oxide is not produced in Russia.

Under the project the Unecha Works will be provided with a loan of 500 million rubles.

The manufacture will help decrease imports to 26%. (Ukrainian metal)