The net profit of Chelyabinsk Zinc Works, Russia’s largest zinc producer, increased by 24.4% YoY, to 3.854 billion rubles under Russian Accounting Standards (RAS) in January- September, it said in a statement on October 26. Revenue rose by 29.5%, to 21.538 billion rubles, gross profit grew by 16%, to 6.053 billion rubles; income from sales…
Chelyabinsk Zinc Works has started negotiations with the owners of major ferrous metal plants, including MMK and ChMK, on the possibility of processing and recycling their zinc-containing dust wastes. According to the company EO Pavel Izbrecht, the current technologies allow to effectively and safely process these raw materials. In 2017 it is planned to obtain…
In 2017 zinc output at Chelyabinsk Zinc Works could grow by 5% YoY, to 183 thousand tons. According to the company CEO Pavel Izbrecht, indium output should total 4.5 tons. Favorable market situation allowed the company in 2016 to get the revenue of 28 billion rubles and the net profit of 3.2 billion rubles, investing…
In January-June the consolidated earnings of Chelyabinsk Zinc Works reached 18.09 billion rubles, up by 44% YoY. EBITDA totaled 4.356 billion rubles, or 24% of the earnings. Net profit in H1 was 2.975 billion rubles against 1.855 billion rubles in H1 2016. Chelyabinsk Zinc Works is the largest metallic zinc and alloys manufacturer in Russia.…
The decision to build a rotary-kiln complex at Chelyabinsk Zinc Works was taken in 2012 under the program to increase capacity. In January 2017 the complex was put into operation. The project capacity of the complex is 296 tons of zinc-containing charge per day. The sixth rotary-kiln in addition to increasing zinc output allowed increasing…
Chelyabinsk Zinc Works has completed the transition to using large size cathodes in the zinc electrolysis shop. The investment program presupposed the modernization of all the necessary capacities all over the works. And the cathode replacement is one of the most important steps of the program. The shop baths contain 16,320 cathodes. The size of…
In January-June Chelyabinsk Zinc Works received 2.228 billion rubles of net profits, up 1.3-fold YoY. Earnings increased by 36.5%, to 13.853 billion rubles, gross profit – by 17.2%, to 3.718 billion rubles, sales profits – by 23.3%, to 2.643 billion rubles. In 2016 the group produced 174.803 thousand tons of zinc. In H1 2017 –…
In January-June Chelyabinsk Zinc Works produced 91.943 thousand tons of zinc and zinc-based alloys. Local sales amounted to 61.1% against 49.7% in H1 2016. Nova Zinc in Kazakhstan produced 17.786 thousand tons of zinc concentrate, down by 3.6%. Lead concentrate output dropped by 38.1% YoY, to 2.207 thousand tons. Brock Metal Co. (UK) increased zinc…