Magnitogorsk hosted a meeting of the MMK and TMK coordination council. The parties have discussed the results of the operation in 2018 and plans of further cooperation. In 2018 TMK pipe enterprises received 504.6 thousand tons of MMK flat rolled metal, up by 10% YoY. (Ukrainian metal)
In January Severniy Mining and Processing Works increased pellets output by 1.7% YoY, to 850 thousand tons. Concentrate manufacture dropped by 3.2%, to 998 thousand tons. In December 2018 SevGOK produced 654 thousand tons of pellets and 896 thousand tons of concentrate. In 2018 pellets output grew by 13.9% YoY, to 8.45 million tons, while…
Since commissioning of its blast furnace No. 1 Cherepovets Iron and Steel Works has produced 55 million tons of pig iron. The blast furnace was blown in 1955. On August 24, 1955, the first pig iron was produced, and a new plant was born. In 2008 the blast furnace was shut down due to the…
Russia’s gold exports fell by 70% YoY, to 17.047 tons in 2018, the Assay Chamber at the Finance Ministry, which is responsible for state control over exports and imports of precious metals and stones, said in a report on February 19. According to the finance ministry, Russia’s gold refineries increased output by 2.45%, to 314.42…
In 2018 DTEK decreased coal output by 1.9% YoY, to 27.186 million tons. Gas coal mining grew by 5.3%, to 24.13 million tons. At the same time anthracite coal was not mined. Obukhovskay mine increased output by 4.9%, to 3.05 million tons. Coal concentrate production dropped by 9.2%, to 12.36 million tons. (Ukrainian metal)
Production of unwrought gold and semi-processed gold or in powder form reached 6,308 kg in January, up by 0.7% YoY, Statistics Committee of the National Economy Ministry reports. In the accounting period the output of unwrought and semi-processed silver or in the powder form made 57,145 kg, down by 4.1%. (Kazinform/Ukrainian metal)
None of the enterprises of the mining sector, dealing with non-ferrous metals and operating in the general tax regime, has received a profit so far, the Chairman of the International Business Council, Askar Sydykov, announced at a press conference. According to him, as of today, the tax burden on mining enterprises is 17.9% of revenue.…
Stoylensky Mining and Processing Works has commissioned a new railroad station – Zapadnaya – at its quarry. The station has been moved 100 meters from its old position. The site freed has some 50 million tons of unoxidized iron quartzites. Mining will start in 2021. In order to relocate the station, it was necessary to…
