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Russia: ZAL gets new price

The temporary manager of the Aluminum Castings Works (Altai region) Sergey Pupkov has put on sale assets of the company. The starting price of all lots is 215 million rubles. Machinery and mills are being sold as one lot for 120 million rubles. The offers are accepted by June 11. This is the fourth time…

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Russia needs no coal from occupied Donbass

Deputy economy minister Sergey Nazarov declared that Russia needed no coal from the Donetsk and Lugansk regions, occupied by the militants. “Each month we supply some 1 million tons of coal to Ukraine. But we only deliver coking coal, not power-generating coal”, he added. Nazarov also noted that there were no coal deliveries from the…

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Kazakhstan: Kazzinc to invest 1.2 billion tenge in Zhairem settlement development

Kazzinc, JSC Zhairem Mining and Processing Integrated Works and administration of Karaganda region have signed a memorandum of mutual cooperation for 2017. In order to settle the key problems outlined by the president in the country’s program documents, Kazzinc has allocated 1,265,076,000 tenge for the implementation of social projects in Zhairem urban-type settlement of Karaganda…

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