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In 2019, Metinvest enterprises in Kriviy Rih – Ingulets, Severniy and Central Mining and Processing Works – spent 4 billion UAH on ecological projects under a city program until 2025. In particular, the enterprises invested in new machinery and equipment, which helped decrease dust emission to 50 mg per 1 cubic meter. 14 automated environment-monitoring…
DetailsIn August, Metinvest B. V, decreased revenue by 7.9% YoY, to $838 million. EBITDA grew by $12 million, to $216 million. Metal division EBITDA totaled $91 million, while mining – $134 million. Metal revenue amounted to $671 million, mining – $258 million and intragroup sales – $91 million. Debt dropped by $64 million to $3.017…
DetailsA gold-extracting factory will be built at the Malo-Tarynskoye deposit in Yakutia. The first alluvial sites in the Bolshoy and Maliy Taryn Rivers valley were discovered in late 1930s. The Malo-Tarynskoye deposit was discovered in 1999-2001. The Boguslavets Company is now developing the deposit. The capacity of the factory will be 300 thousand tons of…
DetailsIn January-September, Interpipe transferred almost 2 billion UAH to the budgets of all levels. “Despite the economical crisis, coronavirus pandemic and growing electricity prices, in 2020 every ton of steel produced by us brought 3400 UAH to budgets of all levels”, the company reported. According to Interpipe, all its billets are processed in Ukraine and…
DetailsIn January-September, Zaporozhye Ferro Alloys Plant decreased ferroalloys output by 23% YoY, to 153.3 thousand tons. In particular, silicomanganese manufacture dropped by 34.6%, to 71.65 thousand tons, and ferrosilicon – by 20.4%, to 44.88 thousand tons, while ferromanganese grew by 23%, to 34.56 thousand tons. Metallurgical manganese output fell by 56.8%, to 2.21 thousand tons.…
DetailsZaporozhogneupor, the largest producer of refractory materials in Ukraine, has invested 12 million UAH in the modernization of gas-purifying equipment – bag filters with impulse regeneration. The new equipment will provide for air purification at the level of 20 mg per cubic meter. All the dust will be returned to production. Assembly will be finished…
DetailsIn January-September, Severniy Mining and Processing Works decreased pellets output by 38.4% YoY, to 4.03 million tons. Concentrate manufacture grew by 3.1%, to 9.34 million tons. In September, SevGOK produced 425 thousand tons of pellets and 980 thousand tons of concentrate. (Ukrainian metal)
DetailsFerrexpo, controlling Poltava and Yeristovo Mining and Processing Works, is mulling an opportunity to ship iron ore raw materials to China in container trains. “This is interesting for us, as thus we diversify deliveries. There must be different directions. If nothing has been shipped to China in containers so far, why don’t we try it”,…
DetailsAfter 15 years of idle time, the only gold-extracting enterprise in Ukraine – Muzhiyevskiy gold mine – has resumed operation. In addition to gold it can also produce zinc. Avellana Gold operates its processing factory at the deposit. Overall capacity will reach 500 thousand tons of ore per year. The previous enterprise went bankrupt n…
DetailsIn January-September, by-product coke plants decreased metallurgical coke output by 6.8% YoY, to 7.2 million tons. Domestic coking coal deliveries have increased a bit, according to Ukrkoks. Imported coal comes from the USA, Canada and Russia. In September, 725 thousand tons of coke were produced. In 9 months, Avdiivka Coke and Chemical Works decreased output…
DetailsFollowing prospecting works in Khabarovsk region, Amur Zoloto has set its reserves at 1187.4 ounces of gold and 1281 ounces of silver. Gold reserves grew by 22% YoY. The estimation included data on several assets – Yubileynoye, Perevalnoye and Malyutka deposits as well as alluvial sites. Krasivoye deposit (Yubileynoye hub) contains 640 thousand ounces of…
DetailsMariupol Ilyich Iron and Steel Works has started preparing to repair its blast furnace No. 2. The furnace is being shut down. According to the company, all the work is safe and does not affect environment. (Ukrainian metal)
DetailsIn September, Ukraine imported 58.04 thousand tons of manganese ore valued at $8.8 million, down by 7.7% and by 10.5% YoY respectively. According to the customs statistics, in 9 months imports decreased by 55.7% YoY, to 418 thousand tons, valued at $57.5 million, down by 66.4%. Ghana supplied 85.05% of ore, followed by Russia (11%)…
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