Evraz Sukhaya Balka is idle because of the absence of license to mine iron ore. According to sources, as of the late March, the company still has not received all the necessary documents to resume operation. In January-February the enterprise mined 413 thousand tons of sinter ore. (Ukrainian metal)Details
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In 2016 Ingulets Mining and Processing Works, a part of Metinvest, received 69.264 million UAH of net losses as opposed to 3498.874 million UAH of losses in 2015. According to the company statement, its undistributed profits at the end of 2016 totaled 1234.407 million UAH. Last year InGOK increased its current liabilities by 15.2% YoY,…Details
In 2016 Interpipe Dniepropetrovsk vtormet received 126.626 million UAH of profits. According to the company statement, the price of its assets at the end of 2016 reached 991.338 million UAH, current liabilities – 807.314 million UAH and accounts receivable – 650.05 million UAH. In 2015 the company decreased its losses by 19% YoY, or by…Details
Rosszoloto, which extracts gold in the Zeysk district of Amur region, this year starts exploiting three new sites. “Last year we got some 300 kg of gold and we worked on three sites: Galchima, Dorozhny and Ozerny. Galchima has been exhausted, we haven’t submitted our license yet, as the site is being recultivated. This year…Details
In the long-term prospect the titanium products output in Russia will increase, according to reports from the Ti-2017 in CIS conference in the city of Yekaterinburg. The main driver of the output increase and consumption of titanium semi-finished products will be the aerospace industry, while the demand growth is also expected on behalf of energy…Details
According to the modernization and old machinery replacement plan the Kirov Non-Ferrous Metals Processing Works has purchased a new spectrophotometer for its central laboratory. The equipment is used to determine the mass fraction of phosphorus and iron in various alloys, as well as nickel and zirconium. (Ukrainian metal)Details
The net profits of Chelyabinsk Zinc Works in 2016 increased 1.7-fold YoY, to 3.965 billion rubles. Revenues went up by 19.7%, to 23.424 billion rubles, with sales profits up by 38.4%, to 5.199 billion rubles, and EBITDA up 1.7-fold, to 4.975 billion. Last year the company increased zinc and zinc alloys manufacture by 2.2% YoY,…Details
In 2016 the net profit of ChTPZ group increased by 5.7%, to 6.357 billion rubles. According to the company statement, its revenues dropped by 9% YoY, to 135.456 billion rubles, EBITDA – by 3%, to 27.9 billion rubles. The net debt of the group decreased by 9.9 billion rubles, or by 76.2 billion rubles, to…Details
Izhstal, a part of Mechel, has received the highest category of supplier reliability from Tikhvinsky Wagon Construction Works, a leading manufacturer of the new generation railroad cars in the CIS. Izhstal delivers rolled metal of structural, tool and high-speed steel to the works. The wagon works carries out constant evaluations of suppliers according to Russian…Details
The International Atomic Energy Agency (IAEA)’s Coordination Group for Uranium Legacy Sites (CGULS) has visited northern Tajikistan this month to assist with preparations for remediation of uranium legacy sites. According to the IAEA’s website, the objective of remediation is to reduce the risks to the public and the environment arising from radiation of residual contamination…Details
A delegation of the Russian Vostok-Geologodobycha company should arrive in Bishkek one of these days, which in 2015 won a tender to develop Jerooy field in Talas region. It is a member of Russian Platinum group of companies. In early April, it is planned to lay a capsule on the site of the future mine…Details
DTEK energy holding will send official notifications to 32 companies warning them of not buying coal made by the group’s divisions located on the temporarily uncontrolled territory, DTEK CEO Maksym Timchenko has said. “We have a list of 32 companies which potentially could buy this coal. We will send this letter to each company. Today…Details
In January-February the production of the raw lead dropped by 23.9%, of raw zinc – by 1.7%. According to the Federal Service of State Statistics, in February raw lead output decreased by 35.7% YoY and by 11.6% YoY, while that of raw zinc – by 4.7% and by 11.6% respectively. (Ukrainian metal)Details