Reclamation of uranium tailings in Mailuu-Suu will begin in September-October, representative of the European Commission Pascal Daures reported. According to him, all the preparatory work within EU Programme “Environmental Remediation in Central Asia” has been completed. The European Bank for Reconstruction and Development will begin holding tenders and signing work contracts in September. As Pascal…
In April Russia imported 15.7 thousand tons of copper ore and concentrate, down by 68.7% MoM and by 64% YoY. The price in April dropped by 9.6%, to $1222 per ton. In 4 months copper ore imports decreased by 22.6% YoY, to 153.4 thousand tons. But in monetary terms they grew by 11%. (Ukrainian metal)
In April Russia exported 22.8 thousand tons of zinc ore and concentrate up by 136.6% MoM and by 54.7% YoY. In 4 months exports grew by 9.9% YoY, to 87.8 thousand tons. Since the start of the year exports fell by 10.7% in monetary terms. (Ukrainian metal)
The acting governor of Bashkortostan Radiy Khabirov and the CEO of UGMK-Holding LLC Andrey Kozitsyn have signed an agreement of intent to carry out an investment project to construct a mine with infrastructure and develop the Podolskoye copper-zinc deposit. The first stage is expected to be commissioned in 2026. Investments will amount to 50 billion…
Since the start of the year Evraz NTMK has mastered the manufacture of several new types of shaped rolled metal. In particular, the beam shop has produced the first batch of new NE200 beam according to EN 10365-2017, and the rail and beam shop – equal angle No. 20 according to GOST 8509-93. The NE…
In January-April the consolidated throughput of Nakhodka Sea Trade Port terminals totaled 46.636 million tons, up by 0.3% YoY. Ferrous metals and pig iron accounted for 4.571 million tons, up by 3.4%. Non-ferrous metals throughput dropped by 21.2%, to 0.292 million tons. Iron ore indexes grew by 33.5%, to 0.969 million tons. (Ukrainian metal)
Precious metals producer Polymetal International hopes to obtain licenses for survey at three gold-containing fields on Russia’s northernmost Taimyr Peninsula, CEO Vitaly Nesis reported. In April, Polymetal set up a debut strategic partnership with a junior company to organize exploration on the peninsula, with a shareholding of 70%. “We have a joint venture with a…
A consortium led by Fosun International Ltd. is in talks to acquire a majority stake in GV Gold, a Russian gold miner backed by BlackRock Inc., Bloomberg reported, citing people familiar with the matter. Fosun is considering teaming up with partners including Zhaojin Mining Industry Co. for a joint offer, the people said, asking not…
