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Russia: ChTsZ produces highest purity indium

Chelyabinsk Zinc WorksBy admin30.10.2017Leave a comment

Chelyabinsk Zinc Works has produced 27 kg of indium of the 6N purity grade and the main element contents of 99.9999%. Earlier ChTsZ was able to produce indium of 5N (In>99.999%). The company started obtaining indium from the rotary oxide in the 1940s. At first the metal was produced as concentrate or indium sponge. In…

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Russia: Metalloinvest HBI usage highly appreciated by TMK

Metalloinvest, TMKBy admin30.10.2017Leave a comment

Dmitry Pumpyanskiy, Chairman of the Board of Directors of TMK, and Alexander Shiryaev, CEO of TMK, have visited Lebedinsky GOK and OEMK (parts of Metalloinvest). During the visit, the management team of TMK learned about the production process of hot-briquetted iron (HBI). During the visit to OEMK, the TMK delegation was introduced to Metalloinvest’s steel…

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Ukraine: Metinvest EBITDA down in August 2017

Metinvest Group of CompaniesBy admin30.10.2017Leave a comment

In August Metinvest EBITDA decreased by 1.88% MoM, or by $3 million, to $157 million. At the same time revenue grew by 1.78%, or by $13 million, to $745 million. In August the group sold 269 thousand tons of semi-finished products for $104 million, including 182 thousand tons of pig iron billets for $65 million,…

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Russia: Mechel losses up in January-September 2017

MechelBy admin30.10.2017Leave a comment

In January-September the net losses of Mechel doubled YoY, to 11.71 billion rubles. Revenue dropped 2.2-fold, to 5.12 billion rubles, gross profit decreased 5.2-fold, to 2.19 billion rubles. Sales profits fell 9.5-fold, to 1.06 billion rubles. In H1 Mechel net profit decreased by 40% YoY, to 4.994 billion rubles. (Ukrainian metal)

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Ukraine: DTEK to increase coal output in 2018

coal, DTEKBy admin30.10.2017Leave a comment

In 2018 DTEK Energo intends to increase coal output by 6.5% YoY, or by 1.5 million tons, to 24.5 million tons. According to the company CEO Dmitry Sakharuk, next year DTEK will put 37 new long faces into operation. The cost of each face is some 300 million UAH, thus investments will total 11.5 billion…

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Ukraine: Yaroslavsky allowed to buy Sukhaya Balka

Evraz Sukhaya BalkaBy admin27.10.2017Leave a comment

The Antimonopoly Committee of Ukraine has allowed Berklemond Investments Ltd (Cyprus), a part of DCH of the businessman Alexander Yaroslavsky, to acquire Kadish Limited (Cyprus), owner of Evraz Sukhaya Balka. Berklemond was granted the right to buy shares in the company, as the result it would exceed 50% of the votes in the company. Evraz…

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Russia: Uralelectromed produces 5 thousand tons of silver and 200 tons of gold

UralelectromedBy admin27.10.2017Leave a comment

On October 21 the Uralelectromed refining division of the chemical-metallurgical shop turned 20. This is the only UMMC enterprise to produce gold and silver ingots. The first gold ingot was produced on October 18, 1997. In 2004 Uralelectromed became the first company in Russia to get the Good Delivery status for silver ingots. In May…

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