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Out of 33 state mines, situated on the Ukraine-controlled territory, only 4 are profitable. On the whole Ukraine has 102 state mines, but most of them are situated on the uncontrolled territory. In January-May state coalmining decreased by 3.6% YoY, while coal cost grew by 30.5%. On July 9 Novovolynskaya mine No. 9 stopped operating…
DetailsIn January-June Hiagda overfulfilled its uranium-mining plan by 5%. At the same time, thanks to the measures to improve manufacturing efficiency the company was able to decrease prime cost of the products by 8%. This year the company intends to construct a high-voltage line and a road to the Kolichikanskoye deposits. (Ukrainian metal)
DetailsIn January-June Kimkano-Sutarsky Mining and Processing Works LLC produced 1.059 million tons of iron ore concentrate, up more than 2-fold YoY. In Q2 concentrate output grew by 53%, to 580.9 thousand tons. Sales have also increased 2-fold, to 10.46 million tons. All the iron ore concentrate is exported to China. (Ukrainian metal)
DetailsRosgeologia will carry out prospecting works of the cobalt-rich ferromanganese crusts on the territory of the Russian prospecting region within the Magellan Hills of the Pacific Ocean. The corresponding agreement was concluded with the Department on subsoil use of the Northwestern Federal District in June. The project is expected to be completed in Q4 2020.…
DetailsUGMK-Stal has received another asset – the mining enterprise Boguslavskoye Mine Group. The enterprise mines iron ores and processes iron ore concentrates, as well as produces construction crushed stone. The enterprise possesses the Severopeschanskaya mine, a crushing factory and a number of auxiliary departments. Its annual output is 2.4 million tons of ore and 1.2…
DetailsVyksa Iron and Steel Works has supplied a batch of railroad wheels for high-speed passenger trains of its own design to Tver Car-Building Plant. The wheels can be used with speeds up to 200 km/h. Previously VMZ supplied wheels that could be used in passenger cars at the speeds up to 160 km/h. “In Q1…
DetailsIn April-June Metalloinvest produced 10.1 million tons of iron ore, up by 2.3% YoY. Pellets output grew by 4%, to 7 million tons. HBI manufacture increased by 1.3%, to 1.2 million tons. The share of sales of iron ore products with high added value (pellets, HBI) increased to 72% from 69% in Q1. Pig iron…
DetailsSeverstal has selected the supplier for the modernization of the zinc coating density-measuring system at the Cherepovets Iron and Steel Works continuous hot dip-galvanizing machines. TT Analytica (Russia) will design engineering, supply the equipment, assemble and commission it. The equipment will be used to create a uniform layer of zinc of the necessary thickness on…
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