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Russian metals giant Norilsk Nickel may issue green Eurobonds to fund a $1.74 billion sulfur dioxide capture project for Nadezhda Metallurgical Plant, Artyom Pozdnyakov, head of the department for organization of financing, reported. Norilsk Nickel will work out plans for the project’s financing next year. “We will look at what instruments will be there. The…
DetailsPJSC «MMC «Norilsk Nickel» has signed the contract on sulfur dioxide capture project for Nadezhda Metallurgical Plant located at the company’s Polar Division with SNC-Lavalin, Canada. The Board of Directors of the company approved of the contract on November 7. The contract is divided into two phases: developing a detailed project design documentation (first phase)…
DetailsIn uranium mining Ukraine has a number of technological and economic advantages that allow it to freely compete with other uranium-mining countries. One of the most important economical indicators of uranium ore mining is the prime cost of the technological processes. If all the factors that constitute the final cost of the uranium ore are…
DetailsThe plant will produce a variety of metal products, among them heavy-duty grids for further production of gabion systems used for prevention and elimination of emergency situations. The projected capacity of the plant will amount to 5,000 tons of metal products per year at the first phase, with its further increase. It is expected that…
DetailsSteel rope and wire producer Silur in Khartsyzsk has been idle since late September. For the past 2 years the production has been stopped a couple of times. Now the employees worry that after the latest halt the operation will not be resumed. During the Silur halt its employees received 2/3 of the wages. The…
DetailsIn January-September Russia produced 2.6 million tons of prefabricated steel construction structures, up by 1.4% YoY. According to the Federal Service of State Statistics, in September steel structures output went up by 3.7% YoY and by 2.2% MoM. (Ukrainian metal)
DetailsEvraz Dneprovsky Iron and Steel Works has finished tests and put the dust control system at its blast furnace No. 3 into operation. According to the company statement, the system has already allowed to decrease emissions by 70%. Investments in the project totaled 2.3 million UAH. (Ukrainian metal)
DetailsIzhstal (a part of Mechel) has finished capital repairs of its electric arc furnace used to smelt complex-alloyed, stainless and high-speed steels. “This furnace makes high-marginal products, so we pay special attention to its state. We have plans to increase its efficiency, and we will implement them in future”, Izhstal executive director Sergey Kozennov said.…
DetailsDuring the 2016 navigation Cherepovets Iron and Steel Works shipped around 4 million tons of metal products. In particular, the works shipped 1.64 million tons of rolled metal, up by 0.14 million tons YoY, 1.4 million tons of fluxes (on par with 2015), 0.5 million tons of slag (flat) and 0.4 million tons of scrap,…
DetailsIn January-October Korshunovsky Mining and Processing Works (a part of Mechel) increased iron ore concentrate deliveries to the local market by around 25% YoY, to 2.3 million tons. Iron ore mining went up by 4.5% to 6.8 million tons. Concentrate output increased by 1.2%, to 2.3 million tons, all YoY. Last year KGOK exported one…
DetailsUkrainian Railways have concluded 4 contracts with Interpipe for the delivery of the rough rims for its railroad stock valued at 9.34 million UAH. This year Interpipe has to supply 549 rims (1060x143x98 mm) valued at 14.19 thousand UAH a piece on average. It should be noted that in October Lviv Locomotive Repair Plant ordered…
DetailsThe government of the Republic of Bashkortostan and the Bashkirskaya Med have signed an agreement on state support of the mine construction at the Yubileynoye deposits. The construction has been included into the list of priority investment objects of the republic. The government will grant tax preferences, while the company will invest 40.4 billion rubles…
DetailsIn January-September Bauxite Timana (a part of Rusal) mined 2.39 million tons of bauxites, up by 4.9% YoY. In Q3 the company mined 911 thousand tons, up by 13.6% QoQ. (Ukrainian metal)
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