Panyutino Railroad Car Repairing Works, a subsidiary of the Ukrainian Railways (Ukrzaliznytsia), has concluded 8 agreements with Interpipe Ukraine LLC on the purchase of wheels valued at 28.78 million UAH. Until mid-2020 the company has to supply 800 solid wheels with ultra sound control and diameter of 957 mm made by Interpipe NTZ not earlier…
In July-September Amursk Hydrometallurgical Plant processed 15 thousand tons of concentrate from the Kazakh deposit of Bakyrchik. In 9 months 35 thousand tons were processed. Raw materials are transported via railroad in 20-30 days. The distance is 5576 km. The first cargo trains from Kazakhstan arrived last year. The processing started after the third stage…
Nikopol Ferroalloy Plant has sued Privatbank demanding 22 million UAH, which have been paid by the company to the National Bank of Ukraine for the amicable agreement. The funds are Privatbank’s debts on refinancing. As the bank previously belonged to Igor Kolomoysky and Gennadiy Bogolyubov, the enterprises, affiliated with it, acted as bails. When the…
The head of the State Service on Geology and Subsoil Oleg Kirilyuk has signed an order to grant Lira Mine Minerals LLC a special license to mine gold in the Kirovograd region. The license grants the company rights to develop the Klintsy deposit (Central and Gubovsky sites) for 15 years. Lira Mine Minerals LLC was…
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In January-March Yakovlevsky Mining and Processing Works increased iron ore output by 64% YoY, to 410 thousand tons. The enterprise also shipped 149.1 thousand tons of ore. The underground machinery fleet was enlarged with two cutter-loaders and a self-propelled boring machine. The crushing and sorting factory has completed the first stage of modernization with a…
Ukrmetallurgprom is asking the government, law enforcers and the Ukrzaliznytsia to take measures to stop supplying Ukrainian scrap to Moldova Iron and Steel Works, situated in the unrecognized republic of Transnistria. “The level of scrap provision to local metal companies in August was 89% and in 8 months – 98%. That’s mostly due to the…
