SANY cutter-loader machinery has been tested at the Capitalnaya mine of the Mirnogradugol state enterprise. According to the chairman of the Donetsk regional military-civilian administration Alexander Kuts, the state will finance the creation of four more long faces to develop the mine. The cost of the machinery is 208.6 million UAH. The financing comes from…
The volume of transportation of mining and metallurgical cargo via the Dnepr River could grow 2-fold, to 2.5 million tons. But so far the depth of the river does not correspond to the sizes of ships necessary to transport such cargo. At present the ships with the capacity of 6 thousand tons are operating at…
From now on DCH Steel Management will manage the operation of both Sukhaya Balka and Dneprovsky Iron and Steel Works. Still, this is not enough to make a full vertically integrated mining and metallurgical group. Coal mining and ore processing are the group’s weak links. In 5 years DCH intends to invest $150-200 million in…
RZD International LLC under the project to construct and repair railroads in Serbia will buy metal structures valued at more than $5.8 million from Voronezhstalmost. The viaducts to be constructed and repaired are situated on the Stara Pazova – Novi Sad site on the Belgrad – Stara Pazova – Novi Sad – Subotitsa – state…
TOREX, owner of Amurstal in Komsomolsk-on-Amur, hopes to get a subsidy from the federal budget. The Ministry of industry and trade intends to provide major enterprises with support. The company plans to spend money to clear interest rate on loans, thus decreasing them by 4.5%. At present the ministry is choosing companies to participate in…
In 2018 Kurilgeo LLC gold output grew by 37% YoY, to 1.325 tons, and silver – 9%, to 3.8565 tons. Ore mining increased by 28%, to 760 thousand tons. Revenue went up by 46%, to 3.452 billion rubles. Net profit amounted to 447.8 billion rubles, up by 75.8%. Ainskoye deposit, developed by the company, has…
Karelsky Okatysh is preparing to put into operation three new Caterpillar 777E dump trucks with the lifting capacity of 90 tons. 7 such machines are already operating at the quarries and have proven their efficiency. “Small dump trucks have a number of advantages. They are universal thanks to their compact size. Where the 220-ton machines…
RUSAL and Braidy Industries Inc., a US-based holding company which owns both Veloxint, an MIT-incubated lightweighting solutions company, and NanoAl, a Northwestern University incubated materials research and technology company, announced an intent to establish a joint project in Ashland, Kentucky, USA to produce flat rolled aluminum products for the US automotive industry. The design capacity…
