In Kirovohrad region law enforcers revealed managers of the state enterprise Vostochniy Mining and Processing Works on buying metallurgical slag wastes at inflated prices. VostGOK is the largest in Europe and the only in Ukraine extractor of uranium ore and producer of uranium concentrate. According to the Economical Security Bureau, the enterprise announced tenders to…
The Cabinet of Ministers has appointed Igor Bugayov the interim CEO of the state enterprise Vostochniy Mining and Processing Works. Bugayov is currently the first deputy CEO. He has many years of experience of working in nuclear and mining spheres, in particular, at managing roles in Energoatom. VostGOK is the only producer of uranium ore…
The Vostochniy Mining and Processing Works has ordered Galtekhnopark LLC the delivery of sulphur valued at 36.903 million UAH. The company has to supply 4,722 tons of technical sulphur with the purity of not less than 99.95% at 7,630 UAH per ton, or $265 per ton. In January, Sumykhimprom ordered sulphur with the purity of…
The Vostochniy Mining and Processing Works has concluded 4 agreements with Euromash LLC on the purchase of cargo machinery for the total amount of 59.69 million UAH. Until December 22, the company has to supply 7 new loading machines produced by Xuzhou Construction Machinery Group Co., Ltd., China not earlier than in 2021. In particular,…
In January-September, the state enterprise Vostochniy Mining and Processing Works produced 340.3 tons of uranium oxide concentrate, down by 47% YoY. Uranium ore mining dropped by 20%, to 343.8 thousand tons. The concentrate price dropped by 44%, to 990.7 million UAH. (Ukrainian metal)
In January-August, the state enterprise Vostochniy Mining and Processing Works decreased uranium concentrate output by 44.2% YoY, to 280.1 tons. Uranium ore output dropped by 17.8%, to 276.3 thousand tons. Concentrate price decreased by 40.4%, to 815.8 million UAH. (Ukrainian metal)
In January-June, Vostochniy Mining and Processing Works received 579 million UAH of net loss, up 2.1-fold YoY. Net income decreased by 37%, to 705 million UAH. Uranium oxide concentrate output dropped by 45%, to 227.8 tons. (Ukrainian metal)
On August 5, the state enterprise Vostochniy Mining and Processing Works received 30 million UAH from Energoatom to clear debts for electricity consumption. The funds were transferred to electricity suppliers. During the past two weeks, all the auxiliary departments of the Zholtye Vody site were cut off grid for a week. On August 5, there…
