Rosteh is ready to start designing and constructing an enterprise to process tungsten-molybdenum ores in Tyrnyauz, Kabardino-Balkaria. A mine, a processing factory and a hydrometallurgical plant with the capacity of 4.5 thousand tons of tungsten oxide will be built. Investments in the project will total 20 billion rubles. The cost of the license to develop…
In August Energomashspetsstal shipped a batch of supporting rolls with the weight of 322 tons to ArcelorMittal Temirtau, Kazakhstan. The corresponding agreement was signed in January. The batch comprised of 9 supporting rolls for hot- and cold-rolled mills. Another 9 rolls with the combined weight of 268 tons have been shipped to ArcelorMittal European plants.…
Russian Copper Company and the Far East Development Fund have concluded an agreement on financing the construction of a mining and processing works at the Malmyzh gold-copper deposit in Khabarovsk region. The fund will provide 7 billion rubles as a long-term loan. The Malmyzh deposit was discovered in 2006. Its reserves are estimated at 5.156…
In June Russia exported 309.9 tons of tungsten ore and concentrate, up by 24% MoM and by 152.8% YoY. Deliveries to Korea grew by 49%, to 187 tons, but to Austria dropped by 52%, to 60 tons. In H1 tungsten ore and concentrate exports totaled 934 tons, up by 67% YoY. In monetary terms since…
Two companies – AzerGold and Anglo Asian Mining – are operating in the sphere of mining of precious metals in the country. AzerGold produced 34,678 ounces of gold and 63,698 ounces of silver in January-August, the company said in a message. The growth in gold mining amounted to 24.4% compared to the same period in…
In June Russia exported 1.5 thousand tons of raw chromium, up by 8% MoM, but down by 6% YoY. Deliveries to US remained unchanged at 393 tons, while exports to the Netherlands grew by a third, to 1.1 thousand tons. In H1 raw chromium exports totaled 9 thousand tons, down by 11.2% YoY. In monetary…
In June Russia imported 17.1 thousand tons of ferrosilicomanganese, up by 28.2% MoM, but down by 32.3% YoY. Imports from Georgia increased by 24%, to 9.2 thousand tons, and from Kazakhstan – by 49%, to 5.8 thousand tons. At the same time deliveries from Norway did not change – 2 thousand tons. In January-June Russia…
In June the exports of long-rolled copper products from Russia totaled 312.5 tons, down by 17.7% MoM and by 14.7% YoY. Exports to Belarus decreased by 16%, to 120 tons, but to Ukraine grew by a third to 51 tons. Deliveries to Germany remained unchanged at 59 tons. In H1 exports totaled 2 thousand tons,…