Russia: KSGOK sales up in H1 2018

In January-June Kimkano-Sutarsky Mining and Processing Works LLC received $69.9 million from the sale of iron ore concentrate, up by 38.5% YoY. In particular, sales to China reached $46.4 million. EBITDA grew by 43%, to 11.8 million. In 6 months KSGOK sold 1.046 million tons of concentrate. 1.084 million tons were produced, up by 56%.…

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Russia: gas supplies to MGOK suspended because of accident

The gas supplies to the Mikhailovsky Mining and Processing Works have been suspended following an accident at the gas pipeline in Kursk region.

This is the fifth accident on Gazprom pipelines since the start of the year.

Because of the accident MGOK has suspended the manufacture of pellets. (Ukrainian metal)

Ukraine: Firtash plant in occupied Crimea still working on ilmenite from Zhitomir

Titan, the works of the Ukrainian oligarch Dmitry Firtash in Russia-occupied Crimea, is working on Ukrainian raw materials from Zhitomir region. The following scheme is used to supply the ilmenite: Odessa port – Samsun port under fictitious contract – Kerch. “Ukraine really has to do with the environment catastrophe in Crimea. But the thing is…

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Ukraine: Corum Svet Shakhtera creates mine complex

Corum Svet Shakhtera has created a mine complex, consisting of a shearer, a longwall conveyer, a loader and anchoring.

While creating the complex, the machine-builders have taken into account the peculiarities of the Donbass mines, which are the main customers of Corum.

In particular, this complex was ordered by the Sadkinskaya mine. (Ukrainian metal)