Russia: UMMC revenue up in 2016

In 2016 Ural Mining and Metallurgical Company received $5.3 billion of consolidated revenue, up by 17% YoY.

The group EBITDA reached $1.2 billion.

Non-ferrous metals accounted for 51% of the revenue, coal – 20%, precious metals – 9%. Exports share was 48%. (Ukrainian metal)

Russia: UMMC to produce 360 thousand tons of cathode copper in 2017

In 2017 Ural Mining and Metallurgical Company plans to produce 280 thousand tons of zinc, up by 8-10% YOY.

Cathode copper output is expected to reach 360 thousand tons. (Ukrainian metal)

Russia: UMMC buys 97% of ChTsZ stake

Ural Mining and Metallurgical Company has increased its share in Chelyabinsk Zinc Works to 97.714%.

Last year ChTsZ produced 174.803 thousand tons of zinc and alloys as opposed to 171.002 thousand tons in 2015. (Ukrainian metal)