Russia: Electrum plus obtains 250 kg of gold

In January-August Electrum plus LLC, a part of Susumanzoloto, developing the Vetrenskoye deposits, extracted 250 kg of gold, having processed 108 thousand tons of ore. The output has slightly decreased compared with January-August 2017 mostly due to the drop of average gold contents in ore. By the end of the year the company intends to…

Ukraine: Novolynskaya mine raided

Mikhail Volynets, the chairman of the Independent Miners Union of Ukraine, has reported a raider attempt to seize the Novovolynskaya mine No. 9. “Early on September 10 some 30 unidentified people arrived at the enterprise with the acting CEO of the state enterprise Volynugol Andrei Pilipyuk. They refused to identify themselves, they all wore black…

Russia: EZOTsM to become largest manufacturer of components for medical devices

Yekaterinburg Non-Ferrous Metals Processing Works has started producing precision wares of precious metals and other materials for the medicine industry. The main products are anodes, cathodes and other wares for pacemakers. The company has already produced pilot batches of anodes for all the major manufacturers of medical devices in Russia and by 2019 intends to…

Kazakhstan: Head of State meets ArcelorMittal Temirtau plant workers

Head of State Nursultan Nazarbayev has visited one of Karaganda region largest enterprises, which produces rolled ferrous metals. The President of Kazakhstan got familiar with the technologies for the manufacture of long products and was informed about the further plans concerning the development of the metallurgical plant. In addition, Nursultan Nazarbayev was informed about the…

Russia: Rusal to invest $3 million in SKAD

The acting governor of Krasnoyarsk region Alexander Uss and Rusal president Vladislav Soloviev have visited one of the major Russian enterprises to produce car wheels of aluminum alloys – the Casting-Mechanical Works SKAD LLC. The company is situated in the city of Divnogorsk and has been a part of Rusal since 2017. SKAD produces over…

Russia: NLMK railroad exports down in August 2018

In August NLMK shipped 986.6 thousand tons of metal via railroad, down by 9.4% YoY.

In January-August sales increased by 1.1% YoY, to 8.5 million tons.

Russian customers received 2.6 million tons, up by 6.3% YoY, while exports totaled 5.57 million tons, down by 1.4%. (Ukrainian metal)

Russia: MMK metal sales up in August 2018

In August MMK shipped 994.2 thousand tons of metal via railroad, up by 9.2% YoY.

In January-August, according to railroad statistics, sales grew by 1.1% YoY, to 7.2 million tons.

Russian customers received 4.68 million tons of metal, up by 8.5%, while exports dropped by 10.5%, to 2.48 million tons. (Ukrainian metal)