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Mechel-Service, the metal-trading company of Mechel, has sold 3 thousand tons of metal from its new warehouse in Vladivostok. The new site started operating in November 2016. It is the 59th warehouse of Mechel-Service in 43 cities of Russia. The main consumers of metal in the region are construction companies and ferroconcrete manufacturers, followed by…
DetailsChelyabinsk Zinc Works is carrying out modernization at its unique manufacturing complex – the production of IN-00 indium with 99.999% contents. Within this program the works has put into operation new filter-press equipment by Filtec. The previous mill has been working for 37 years and has now “retired”. China, South Korea and Japan are the…
DetailsAccording to the people’s deputy Vladimir Parasyuk, the railways leading to the Russia-supported militants-occupied territories of Donbass have been cut. “I don’t know who has done this, but I’m sure those were the thinking Ukrainians who grew tired of the war. Now nothing will get there for sure”, he said. On January 25, the ATO…
DetailsIn December 2016 the license to work of some of Krasnodonugol mines, all of them within the Metinvest Group, has expired, Metinvest has filed all the necessary documents to the corresponding state authorities and expects to receive the license in February. Thus, at present these mines dig coal with the violation of the Ukrainian legislation.…
DetailsIn 2017 Metinvest Group is going to invest UAH 7.4 billion in Ingulets, Central and Severniy Mining and Processing Works, up 4 times YoY. By investing in GOKs the group demonstrates its commitment to ramp up production, improve product quality, cut costs, and create a comfortable working environment for its employees. Updated production equipment, overhauled…
DetailsArcelorMittal Kriviy Rih achieved stable output in 2016 and is looking forward to further improve its performance in 2017. “ArcelorMittal Group remains committed to modernizing its operations and expanding its business in Ukraine – with plans to invest $375-400 million this year (capital and operational investments), we will help create directly and indirectly over 30,000…
DetailsThe increase of prices at which some coal companies of Donetsk region buy equipment and food is being investigated by the Ministry of energy and coal industry group. In particular, Selidovugol bought mineral water at 588 UAH per liter, meat at 3999 UAH per kg and sunflower oil at 1999 UAH per liter. After this…
DetailsThe Ministry of energy and coal industry fulfills its obligations to the miners. In particular, the issue with the coal sales has been settled. Two blocks of the Zmiyev TPP will be put into operation in March-May, which will increase coal purchases. According to the energy minister Igor Nasalik, all the purchasing procedures in the…
DetailsTo receive financing for the planned modernization of mines the Lviv regional state administration together with Lvivugol will work out a plan. The modernization will increase coal output. According to the regional governor Oleg Sinyutka, the coal industry reorganization is the priority matter for the region in 2017. Another important issue is the safety of…
DetailsGold and silver output exceeded the KAZ Minerals expectations in 2016. “Copper cathodes output increased by 73% YoY. We’ve been increasing output at Bozshakol GOK and will continue this trend in 2017 as the works reaches is project capacity, as well as the copper concentrate is produced at Aktogay”, the KAZ Minerals chairman Oleg Novachuk…
DetailsIn 2016 Kazakhstan produced 325.5 thousand tons of raw zinc, up by 0.5% YoY. The local demand increased by one third, to 38.7 thousand tons, while exports dropped by 3.2% YoY, to 259.4 thousand tons. The East-Kazakhstan region yielded the most of raw zinc – 325.4 thousand tons. Karaganda region produced 66 tons. The Kazakh…
DetailsInvestments into the Sukhoi Log gold deposit are estimated at 100 billion rubles, with the precious metal yield at 60 tons per year. “Sukhoi Log has the largest deposits of gold in Russia. 56-60 tons of gold could be mined there. Now Irkutsk region yields 22 tons of gold, that is the 6th result across…
DetailsMine named after Matrosov, a part of Polyus, has started assembly works at the new factory of the Natalka gold deposits in Magadan region. The test of the complex will begin in summer. The mine will start working in late 2017. That’s when the company will receive the first gold. This year the output will…
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