Russia: UEM output up in 2017

In 2017 Uralelectromed produced 378.4 thousand tons of copper cathodes, up by 10.3% YoY. Silver ingots manufacture grew by 17.4%, tellurium – by 10% and blue stone – by 49.5%. At present the company is busy constructing the second stage of the copper electrolysis shop. The capacity will increase to 400 thousand tons. Last year…

Russia: UEM tellurium output up in 2017

In 2017 Uralelectromed produced 44 tons of tellurium with the purity of 99.95%, up by 2.5% YoY.

Moreover, for the first time the company produced 130 kg of 99.999% tellurium.

UEM commissioned the tellurium production site in 2013.

The cost of the project was 105 million rubles. (Ukrainian metal)

Russia: UEM metal structure galvanizing up in 2017

In 2017 Uralelectromed galvanized 50.3 thousand tons of metal structures, up by 26 tons YoY.

The main customers were companies producing electricity stands and road fences.

Moreover, UEM has galvanized around 200 tons of structures for the construction of arenas in Yekaterinburg and Volgograd for the World Cup. (Ukrainian metal)

Russia: UEM assembles furnace for rare elements

Uralelectromed has put in operation a new kiln made to order by Bosio.

The kiln has been assembled at the electrolysis copper slurry-roasting site.

The capacity of the kiln is 2.6 tons per day. The roasting temperature is 600-650 degrees C. (Ukrainian metal)

Russia: UEM gets new non-ferrous alloys mills

“Non-Ferrous Metals Alloys Manufacture” of Uralelectromed has received new machinery valued at 10.5 million rubles. In particular, hydraulic forming machines have been supplied from Turkey and vertical milling machine – from Belarus. The new machinery will improve productivity and increase product range. The purchase of the new mills was presupposed in the program of modernization…

Russia: UEM finishes machinery repair

The Kirovgrad subsidiary of Uralelectromed – Proizvodstvo Polymetallov – has finished the scheduled capital repairs of the shaft furnace No. 1. Investments in repair exceeded 77 million rubles. The specialists have produced and assembled over 320 tons of metal structures, including 120 tons of doghouses. Repair lasted for 28 days, and over 200 repairmen were…

Russia: UEM net profit down in Q3 2017

In Q3 the net profit of Uralelectromed decreased 5-fold YoY, to 588.9 million rubles. In Q3 2016 the company net profit was 2.97 billion rubles. UEM revenue increased from 21.4 billion rubles to 26.2 billion rubles, while sales prime cost grew from 16.4 billion to 21.6 billion rubles. In 2016 Uralelectromed decreased net profit from…

Russia: UEM silvered output up

Uralelectromed increased copper powder wares with silver coating by 15% YoY in January-September. By the end of the year the company intends to have produced 70 tons of such powders. According to the marketing department director Andrei Senkov, output increase is the result of the favorable local market situation (as the company mostly sells locally)…

Russia: UEM repairs anode-baking furnace

The anode-baking furnace No. 2 at the copper-smelting shop of Uralelectromed has been repaired.

It took a month to repair the furnace.

The furnace capacity is 350 tons of anode copper per smelting. (Ukrainian metal)

Russia: UEM copper sulfate output up in January-August 2017

In January-August Uralelectromed produced 31 thousand tons of copper sulfate, up 1.6-fold YoY.

The output increase has to do with the favorable market situation, flexible marketing policy of the company and the constant replacement of equipment.

Some 70% of its copper sulfate the company exports to Europe. (Ukrainian metal)

Russia: UEM modernizing equipment

The refining department of the chemical-metallurgical shop of Uralelectromed has put into operation a new induction unit to smelt gold into ingots. The cost of the machine is 2.8 million rubles. The Parallel IPT-25-10 unit has been designed at the customer order within the program of outdated machinery modernization and replacement. It can produce 2…

Russia: UEM output up in H1 2017

In January-June Uralelectromed produced 172.9 thousand tons of copper cathodes, up by 2.7% YoY.

Gold and silver output also increased – by 2.3% and by 23.2% YoY respectively.

The company has also improved its technical tellurium manufacture – by 11.9% and powder wares – by 15.7%. (Ukrainian metal)

Russia: Uralelectromed puts new container site in operation

Uralelectromed has finished repairing its container site and has put it into operation.

The need to repair the old site was caused by the increase of products for sale.

“The site size increased 3-fold, to 1716 square meters. It can now accomodate 206 large containers”, the company railroad shop director Vadim Duvanov said. (Ukrainian metal)

Russia: UEM net profits down in Q1 2017

In January-March Uralelectromed, a part of UMMC, decreased net profits 7.7-fold YoY, to 103.28 million rubles. The company earnings increased by 10.9%, to 6.835 billion rubles, with the manufacturing cost price up by 26.3%, to 5.479 billion rubles. The main foreign customers of UEM are Germany, Switzerland and Iran. The company share on the Russian…