In January-July precious metals miners of Chukotka mined 14.556 tons of gold and 75.956 tons of silver, all down by 13.38% and by 19.96% YoY. Alluvial gold yield totaled 1101.7 kg, down by 2.3 kg YoY, with ore gold at 13.454 tons, down by 14.31% because of the thinning of ore at some deposits. Kinross…
DetailsThe Yesaulskaya mine of the Raspadskaya Coal Company has put into operation a new long face, The reserves of the site are estimated at 820 thousand tons of coking coal. Each month miners intend to yield 120 thousand tons of coal. The Yesaulskaya coal is processed at the Kuznetskaya and Abashevskaya factories. The main consumers…
DetailsAccording to the Association of Sea Trade Ports, the Russian seaports throughput in January-July increased by 10.5% YoY, to 449.7 million tons. Coal has demonstrated the highest dynamics – 89.3 million tons, up by 16%. At the same time ferrous metal throughput decreased by 1.3%, to 16.6 million tons. (Ukrainian metal)
DetailsIn January-July railroad transportation to and from the ports totaled 2.25 million tons, down by 2.1% YoY. In particular, export transportation dropped by 3.5%, to 2.19 million tons, while imports increased by 92.8%, to 61.66 thousand tons. Railroad deliveries to port St. Petersburg totaled 1.08 million tons of non-ferrous metals, down by 10.8% YoY, to…
DetailsIn January-June Neryungri-Metallik, a part of Nordgold, mining for gold at the Gross deposits in the Republic of Sakha (Yakutia), produced 768 kg of gold (24.7 thousand ounces). According to the company statement, in Q2 gold output totaled 463 kg (14.9 thousand ounces), up from 305 kg or 9.8 thousand ounces in Q1. In 6…
DetailsRusal has put into operation a wire rod hardening furnaces at the Kandalaksha Aluminum Works. Investments totaled $5.6 million. The project began in March 2016. Now the works is capable of producing 6.8 thousand tons of 6101-T4 alloy wire rod per year, as well as improve its competitiveness and expand its client base. In March…
DetailsBelenergomash-BZEM has produced and supplied equipment (metal structures, pipelines, buckstay systems and bellows expansion joints) to Uralskaya Stal, a part of Metalloinvest. The group invests into the development of manufacture and efficiency improvement of its enterprises. Recently Lebedinsky GOK has constructed the largest manufacture of HBI in Russia. The next project was the heating and…
DetailsSeverstal has concluded an agreement with the Ust-Kamenogorsk Works of Technical Equipment (Kazakhstan) for the delivery of filters for the extraction system of the Cherepovets Iron and Steel Works sinter manufacture. Under the contract the company will produce an electric air filter with smoke exhaust with the capacity of 250 thousand cubic meters per hour.…
DetailsIn July Krasniy Octyabr Iron and Steel Works produced 31825 tons of steel, up by 9% from the plan, with rolled metal output up by 7%. Sales totaled 1.351 billion rubles. For the second time the works has produced bulk ingots of stainless steel – 6 ingots with the weight of 39.5 tons have been…
DetailsPJSC ArcelorMittal Kriviy Rih is completing the preparation stage of Continuous Casting Machines (CCM) 2 and 3 construction, the work of which will enable to significantly increase production of cast billets. In the frames of the large-scale investment program of the plant the company will invest over $100 million in construction of two new CCMs.…
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