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The Cabinet of Ministers has postponed the decision to provide state coalmines with state guarantees on their loans of 1 billion UAH. According to the Prime Minister Vladimir Groysman, this issue will be addressed later. State guarantees should have been given to the Mine named after Surgay, Pervomayskugol, Lvivugol, Toretskugol and Selidovugol. (Ukrainian metal)
DetailsMagnitogorsk Iron and Steel Works (MMK) was recognized in the Ferrous Metallurgy category of the XVI national annual IT Leader awards. The expert jury gave high praise to MMK’s large-scale project aimed at updating the software infrastructure of MMK Group, comprising more than 60 companies. The IT Leader awards have been held since 2002 and…
DetailsOn May 16 labor collective of Railway Shop of PJSC ArcelorMittal Kriviy Rih (shifts 3 and 4) joined the protest of Ukrzaliznytsya’s railwaymen. Main demands of the employees were announced – to increase the salary up to European level of 1000 EUR and to ensure that all rolling stock met health and safety standards. Locomotive…
DetailsKyrgyzstan considers it important to adopt a new UN resolution on the problems of uranium tailings, the Deputy Prime Minister of the Kyrgyz Republic Kubatbek Boronov stated on May 17. According to him, a number of large tailing dumps in Kyrgyzstan and other countries of the region are located near the rivers, which are the…
DetailsGoods worth 274 million manats were produced by metallurgical industry and enterprises manufacturing finished metal products in January-April, reads a report of the country’s State Statistics Committee. The report says the output of metallurgical industry increased by 14.2%, while the manufacture of finished metal products grew 2.2-fold. Azerbaijan produced 97,800 tons of fittings, up by…
DetailsIn 2018 Yanzoloto LLC, which extracts gold in the Republic of Sakha (Yakutia), intends to obtain 250 kg of alluvial gold, up by 9% YoY. According to the company director Ivan Rebrov, in mid-term (2020-2022) Yanzoloto plans to increase annual output to 1 ton and reserves to 5 tons. In the long-term it is intended…
DetailsAt the meeting of the Lviv regional council the acting CEO of the state enterprise Lvivugol Oleg Akimov voiced two main problems: the cooperation with Lviv Coal Company and the further operation of the state enterprise as one complex. “We have been able to finally reach the level when we can work with profit. But…
DetailsKarabashmed, a part of the Russia Copper Company, has assembled the last of the three new Kumera converters at its metal shop. Commissioning is scheduled for Q3. The first two converters were assembled in October 2017 under the modernization program. It will increase the company capacity to 150 thousand tons of raw copper per year,…
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