Ukraine: UGOK finishes processing factory repairs

Yuzhniy Mining and Processing Works has finished capital repairs of two sections of its ore-processing factory No. 1. According to the company statement, in September the seventh, and in late October the eighth sections of the factory were commissioned. Investments in modernization totaled 400 million UAH. During the repair equipment at all the technological sites…

Ukraine: UGOK concentrate up in October 2017

In October Yuzhniy Mining and Processing Works produced 1.115 million tons of concentrate, up by 7.8% YoY. According to the company statement, sinter output dropped by 26.1%, to 168.3 thousand tons. In January-October UGOK increased concentrate output by 11.1% YoY, to 10.285 million tons, while that of sinter decreased by 10.2%, to 1.56 million tons.…

Ukraine: UGOK output up in September 2017

In September Yuzhniy Mining and Processing Works produced 1.002 million tons of concentrate, up by 0.5% YoY. According to the company statement, sinter output went up by 7.5%, to 182.1 thousand tons. In January-September UGOK increased concentrate output by 11.6% YoY, to 9.17 million tons. At the same time sinter manufacture dropped by 7.8%, to…

Ukraine: Evraz out of UGOK shareholders

Metallotechnika LLC, a part of Evraz, and the owner of 25.7834% of Yuzhniy Mining and Processing Works, has ceased being a shareholder of the company. Metallotechnika has sold all of its shares. As of Q2, the major shareholders of UGOK were Strettonway Traders&Consultants Limited, Acretrend Holdings Limited и Mint Data Holdings Limited (all – Cyprus),…

Ukraine: UGOK concentrate output up in June 2017

In June Yuzhniy Mining and Processing Works produced 997.4 thousand tons of concentrate, up by 12.8% YoY. According to the company statement, sinter output dropped by 9.3%, to 150.3 thousand tons. In January-June UGOK increased concentrate production by 12.5% YoY, to 6.082 million tons, sinter output fell by 3.2%, to 893.1 thousand tons. (Ukrainian metal)

Ukraine: UGOK concentrate output up in May 2017

In May Yuzhniy Mining and Processing Works increased concentrate output by 13.7% YoY, to 1044.5 thousand tons. According to the company statement, its sinter output dropped by 25.5% YoY, to 167.2 thousand tons. In January-May UGOK produced 5084.5 thousand tons of concentrate and 742.8 thousand tons of sinter, up by 12.4% and down by 1.9%…