Russia: coal transportation through Ukraine stopped

From May 1 Russian companies have stopped shipping coal through Ukraine without any explanation. According to the market participants, the volume of Russian coal transit through Ukraine has been 1-1.8 million tons per month lately. The main customers were Turkish, Polish, Romanian, Slovakian, Czech, and Hungarian companies, as well as Asian and African. “Our operator…

Ukraine: coal consumption up in April 2018

In April Ukraine increased coal consumption by 25.2% YoY, to 3.533 million tons, but decreased by 12.6% MoM. According to the State Statistics Service, in March coal consumption grew by 41.3% YoY, to 4 million tons. In April Ukraine imported $243.788 million worth of coal, up by 21.1% YoY, while exports dropped by 99.7%, to…

Russia: ZEMZ conquering new sales markets

Zlatoustovsky Electrometallurgical Works has confirmed its reputation of competitive supplier of high quality steels and alloys both to domestic and foreign markets.

In May the company concluded an agreement with a well-known manufacturer from Hungary.

The trial batch of metal already produced will be shipped in June. (Ukrainian metal)

Russia: tin output in Yakutia to start by 2019

Yanolovo is negotiating the financing of the Tirekhtyakh Brook alluvial tin deposits development with a Chinese company. The start of the development is planned for 2019. B+C1 balance reserves of the deposit amount to 68.4 thousand tons of tin, enough for 26 years of development. The size of the deposits is 15.61 square kilometers. The…

Ukraine: Donbass terrorists to make AMK and KhTZ work for pipeline creation

The terrorist organizations of the Lugansk and Donetsk People’s Republics, created and supported by Russia, intend to start producing large diameter pipes within the cooperation program of Alchevsk Iron and Steel Works and Khartsyzsk Pipe Works. Both companies are controlled by Vneshtorgservice of the fugitive oligarch Sergey Kurchenko. The electricity line will be repaired soon,…

Ukraine: VostGOK miners injured in bus accident

A bus, transporting employees of the Ingulskaya mine of the state enterprise Vostochniy Mining and Processing Works got into a road accident in Kirovograd region. According to the Independent Miners’ Union of Ukraine chairman Mikhail Volynets, some miners were injured. “The bus was driving to the mine when it hit and overturned the truck refrigerator…

Kyrgyzstan: KAZ Minerals exports 10 tons of gold concentrate

Since 2015 KAZ Minerals Bozymchak has exported 9,760 tons of gold concentrate from Kyrgyzstan, the State Service for Combating Economic Crimes reported. The audit report of the Accounting Chamber confirmed the data. “In December 2017 the Investigation Department of the State Service for Combating Economic Crimes instituted criminal proceedings under the article “Abuse of power…