The nationalized Mykolaiv Alumina Plant, belonging to the Russian oligarch Oleg Deripaska before the invasion, is yet unable to fully resume operation. “The plant is managed by the State Property Fund. We maintain its operating condition. Now its operation is suspended due to the blocking of Mykolaiv seaports and the danger of shelling. All this…
The State Property Fund intends to privatize Mykolaiv Alumina Plant that previously belonged to the Russian oligarch Oleg Deripaska. According to the decision of the Supreme Anticorruption Court, 100% of the company corporate rights belonging to Deripaska were transferred to the state. Moreover, more than 150 buildings and 200 transport means were also confiscated. The…
Mykolaiv Alumina Plant, used to belong to Rusal, has been transferred to the management of the State Property Fund of Ukraine. “The nationalization of another asset of the Russian oligarch Oleg Deripaska has been completed,” the Fund said. Deripaska has been controlling NGZ since early 2000s. This is one of the largest enterprises of the…
At present there is no opportunity to launch Mykolaiv Alumina Plant, as a systemic work is needed, which envisages construction of an additional manufacturing line. NGZ produces alumina for another enterprise located in Russia. But the government has a plan, according to the head of the Mykolaiv regional military administration Vitaliy Kim. He believes the…
The issue of the resumption of the operation of the Mykolaiv Alumina Plant is urgent. “We have good news on NGZ, but it will be announced later. Now we have a task to resume its operation. People must work there and receive salary. At present an appeal from the owner is being reviewed. After that…
The Nikolayev Alumina Plant specialists have carried out tests and found out that red slam (titanium dioxide waste) can be used to produce cement. “The problem of mud utilization is a global one. There is no mass solution yet. But NGZ is constantly working in this direction. We are among the first in alumina production…
The Ministry of Environment Protection and Natural Resources has prohibited the construction of a containment pond for aluminum waste storage (red mud) by Nikolayev Alumina Works. In particular, the company will not be able to receive the necessary documentation. This had to be the third storage of red mud at NGZ. (Ukrainian metal)
In 2017 Nikolaev Alumina Works produced 1.676 million tons of alumina, up by 10.95% YoY. Last year the company finished the project to increase alumina output to 1.7 million tons. Investments in 2015-2017 totaled $10.3 million. Alumina manufacture plan has been exceeded by 2.8%, or by 45.5 thousand tons. (Ukrainian metal)