Russia: Novex Trading renamed NLMK Trading

NLMK Group announces that Novex Trading S.A. has been renamed NLMK Trading.

The name and corporate identity of the trading company that supplies NLMK products to the global market were aligned with NLMK Group’s brand.

NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world. (NLMK/Ukrainian metal)

Russia: gold mine collapses in Chelyabinsk region

The Tsentralnaya gold mine in Chelyabinsk Region operated by gold producer UGC, also known as Uzhuralzoloto, collapsed on September 19, killing one person, a spokesperson for the Emergency Ministry’s local branch reported.

The mine collapsed at the depth of 820 meters, when two people were working there.

Reasons are currently being investigated. (Prime/Ukrainian metal)

Russia: EZOTsM starts supplying to Thailand

Yekaterinburg Non-Ferrous Metals Processing Works is expanding the range of its exports. This time the company shipped its product to Thailand, which became another step of the strategic project to develop South-Eastern Asia markets. In Thailand EZOTsM has started cooperating with a large company supplying gold, silver and platinum group metals to the local market.…

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Kazakhstan: steel pipes exports to Russia up in January-July 2018

In January-July Kazakhstan exported 99.6 thousand tons of steel pipes to Russia, up by 102.2% YoY.

This is also just 9% below the whole last year result.

According to the customs statistics, deliveries from Kazakhstan account for 31.4% of all the Russian steel pipe imports. (Ukrainian metal)

Russia: Kolmar to export 40 million tons of coal via terminal under construction in the Muchke Bay

Coal Mining Company “Kolmar” is going to export up to 40 million tons of coal per year via the terminal being built in the Muchke Bay (Vanino, Khabarovsk region), Yury Tyamushkin, General Director of VaninoTransUgol (a company building the terminal), has reported. “At the Eastern Economic Forum, Kolmar management said they were going to export…

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Kyrgyzstan: production at Makmal stopped

Production of gold at Makmal field in Jalal-Abad region has been suspended, the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov declared. The press service of Kyrgyzaltyn OJSC confirmed the information. The gold recovery plant has suspended its work since September 1. The mineral resource base of the mine is completely depleted, so further work…

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Kazakhstan: ore output up in January-August 2018

In January-August Kazakhstan mined 28.21 million tons of iron ore, up by 9.7% YoY.

According to the Statistics committee of the Ministry of National Economy, copper ore output totaled 68.16 million tons, up by 4.6%, gold-bearing ore – 13.789 million tons, up by 6.8%, and chromium concentrate – 3.24 million tons (+6.2%). (Ukrainian metal)