For the past 6 years, Chelyabinsk Zinc Works has been receiving profit. In 2019, the net profit grew by 76%, to 3.39 billion rubles. Revenue dropped by 21%, to 26.55 billion rubles. Sales profit decreased by 26%, to 4.5 billion rubles. (Ukrainian metal)
In 2019, Russia produced 207 thousand tons of zinc, while the consumption was 260-280 thousand tons. Thus, zinc shortage reaches 50-70 thousand tons. Kazakhstan supplies 14.84% of zinc and Uzbekistan – 2.8%. Under such conditions Chelyabinsk Zinc Works intends to increase zinc and alloy capacities. This year it is planned to produce 214 thousand tons…
In 2020-2024 Chelyabinsk Zinc Works will invest 4.6 billion rubles in environment protection. According to the company CEO Pavel Izbrecht, in 2021 a concentrate warehouse No. 2 will be constructed, which will enable decreasing pollution – dust emission when loading concentrate. In 2022 the company will construct a site to purify gases, decreasing pollution 2-fold.…
Chelyabinsk Zinc Works has invested 102 million rubles in a new water-warming plant. The plant is used to provide heating and hot water to administrative and manufacturing buildings. The previous machine had a capacity of 18 Gcal per hour, and the reconstruction allowed increasing it to 60 Gcal per hour. The plant heats water to…
In January-June Chelyabinsk Zinc Works decreased net profit almost 2-fold YoY, to 1.754 billion rubles. Revenue dropped by 25%, to 13.124 billion rubles. Gross profit fell by 20%, to 3.729 billion rubles. (Ukrainian metal)
Chelyabinsk Zinc Works has become one of the 5 finalists of the Industry-2019 award. The company developed the manufacture of indium of the highest purity (99.9999%). The technique to produce 600 kg of indium per year was developed and implemented in 2017. Since then the company has produced some 250 kg of indium. (Ukrainian metal)
At the annual meeting on June 25, the shareholders of Chelyabinsk Zinc Works decided not to distribute the 2018 profit and not to pay dividends. The profit will be spent to finance the company investment programs. Last year ChTZ decreased net profit 3-fold YoY, to 1.8 billion rubles. The decrease is due to the company…
The output of Chelyabinsk Zinc Works, a major facility of the Ural Mining and Metallurgical Company (UMMC), amounted to 50,851 tons of commercial zinc, 239 tons of cadmium, and 1,729 tons of indium in January-March, the plant said in a statement. CEO Pavel Izbrekht attributed the result to upgrading. In 2018, the company invested 1.3…
