Magnitogorsk Iron and Steel Works (MMK) and the government of the Samara region have agreed to build a production and logistics center in Togliatti. Investments in the facility will reach 1.2 billion rubles. The agreement was signed during the St. Petersburg International Economic Forum (SPIEF). The governor of the Samara region Dmitry Azarov, Chairman of…
It is planned to put out to tender the promising deposit Sulukta, Kadamdzhai, Kara-Keche, Tuyuk-Kargasha, Togolok, Naukatskoe and Dzhetim in 2019, the Chairman of the State Committee for Industry, Energy and Subsoil Use Emil Osmonbetov said. The Prime Minister Mukhammedkaly Abylgaziev has held a meeting on the situation in the mining industry. He stressed the…
A certificate for UAH 155 thousand was presented at the State Fire Emergency Response Station No. 11 for repair of fire-fighting and special-purpose equipment. This is the equipment that is owned by the Fire Rescue Unit No. 3. This Unit includes 8 fire stations that serve the city. Financial aid was granted by the request…
Energomashspetsstal has shipped three rotors to India. The rotors were supplied to Bharat Heavy Electrical Limited. The respective agreement was concluded in 2018. 4 rotors have been produced for the Indian company. One of them was shipped in March. The total weight of the batch was 64.24 tons. (Ukrainian metal)
On June 4, NLMK for the first time outran the largest ferrous metals company in the world – ArcelorMittal – by capitalization. At the closing of the LME trade, NLMK was estimated at $15.88 billion. The capitalization of AM at the NYSE was $15.7 billion. At the same time in 2018 ArcelorMittal produced 92.5 million…
The agency on architecture, city building and development of the Kaliningrad region authorities has granted the Investment Metal Union a right to construct a rolled metal warehouse on Dzerzhinsky Street in Kaliningrad. The document is valid until March 13, 2020. The one-storey building will have a size of 1.5 thousand square meters. In 2017 IMS…
Since the start of the washing season the Vitim team has extracted 429 kg of gold on the territory of the Irkutsk region. Last year the result was 408 kg. This year the enterprise intends to obtain 2800 kg of gold. Thus, the output plan has been 15.3% fulfilled. In 2018 the yield was 2936…
The Koksoviy site, a part of PMH, has concluded an agreement with the official representative of BelAZ for the delivery of quarry dump trucks with the combined cost of some 3 billion rubles. According to the agreement, this year the site will receive 31 units of BelAZ machines (21 BelAZ-75581 and 10 BelAZ-75585) with the…