The Antimonopoly Committee of Ukraine has allowed Glencore to buy Nikolaev Alumina Works from Rusal. Glencore will own a share in Aluminiy Ukrainy LLC and Guardon Ukraina LLC, which own 13.96% and 86.04% in NGZ respectively. In 2016 Nikolaev Alumina Works produced 1.51 million tons of alumina, up by 2% YoY. (Ukrainian metal)
DetailsIn September industrial product prices increased by 2.4%. According to the Federal Service of State Statistics, in quarrying and ore processing prices increased by 14.4%, in non-ferrous metals ore – by 1.9%. Pig iron, steel and ferroalloys became 11.2% more expensive, while non-ferrous metals prices increased by 8.3%, and copper – by 7.1%. (Ukrainian metal)
DetailsIn September Tulachermet produced 203.2 thousand tons of pig iron – the maximum monthly result in all its history. The target for September has been overfulfilled by 6.291 thousand tons. The previous record of 202.1 thousand tons was achieved in May 2016. The growth of output is the result of the faultless operation of blast…
DetailsElectrozinc is cleaning its area of old clinker. Since the start of the year the company has shipped 21 thousand tons of clinker dump for processing. “Every day some 300 tons of clinker are prepared for shipping”, the company reported. Since the start of the campaign almost 43 thousand tons of clinker have been removed…
DetailsIn January-September Uralskaya Kuznitsa increased sales by 31% YoY. In 9 months UralKuz shipped 69 thousand tons of products, up by 16 thousand tons. The increase in sales has to do with the growth of forgings manufacture of carbon and alloyed steel by 71% and by 32% respectively. Railroad axles output went up by 30%.…
DetailsIn January-September Ukraine exported 29.1 million tons of iron ore raw materials, up by 2% YoY. In September exports increased by 100 thousand tons MoM, to 2.9 million tons. Imports in January-September dropped by 93% YoY, to 90 thousand tons. In September, just like in 6 months before that, Ukraine did not import iron ore…
DetailsRussian gold bar production rose by 5.4% YoY but fell by 6.1% MoM in September, the Federal State Statistics Service said. In January-September, gold bar production increased by 8.1% YoY. In 2016, Russia’s gold bar output fell by 7.8%. Previously, absolute figures on the production of non-ferrous metals were a state secret. The figures are…
DetailsIn January-September Severniy Mining and Processing Works produced 5.567 million tons of pellets, down by 16.1% YoY. Concentrate output fell by 7.3%, to 8.425 million tons. In September SevGOK produced 738 thousand tons of pellets and 905 thousand tons of concentrate as opposed to 644 thousand tons and 988 thousand tons respectively in August. In…
DetailsEmployees of Rodinskaya mine (a part of the state enterprise Mirnogradugol) said coal mining stopped on October 13. Miners go underground but do not work, as they still have not received salary for August and September. “The mine director comes to us every day and asks to start working. But he cannot tell us when…
DetailsNeryungry-Metallik LLC, a part of Nordgold, will invest 400 million rubles in the purchase of new mining and transport machinery in 2017. The company has already put a powerful Komatsu PC-300 excavator in operation with the ladle volume of 15 cubic meters. After repairs a CAT 993 loader was put in operation. There are currently…
Details