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The first pilot processing was carried out in spring of 2017. In a year the specialists of the Ridder Mining and Processing Works have mastered the technique to obtain concentrate from the Dolinnoye deposits ore. Since then the factory has assembled a Knelson centrifugal concentrator. The volumes of ore processing are expected to increase each…
DetailsKarabashmed is carrying out the modernization of its capacities. At present the foundation has been laid for the new Kumera converter with the capacity of 150 tons. The assembly of the machine will start in May, while commissioning is scheduled for Q3. The new converter will have gas purifying and exhauster equipment, which will both…
DetailsPJSC ArcelorMittal Kriviy Rih started hot testing of the new coke oven battery No. 5. Its operation will enable the company to minimize the volumes of coke purchased, which is at least twice more expensive than the one produced in-house. Kriviy Rih metallurgists started construction of COBs Nos. 5, 6 in 2013. First, the sixth…
DetailsIn March exports totaled $3.7 billion, down by 4.1% YoY. Metal exports growth slowed down to 14.2% despite high prices. Because of that pig iron share in exports increased. Iron ore exports dropped by 9.3% YoY. (Ukrainian metal)
DetailsThe prices of gold decreased, while the prices of silver, platinum and palladium increased in Azerbaijan on May 3, according to the data published by the Central Bank. The cost of gold decreased by 1.2495 manats, to 2226.031 manats per troy ounce compared to the price on May 2. The cost of silver increased by…
DetailsIn 2017 VSMPO-Avisma net profit dropped 2-fold YoY, to 12.8 billion rubles. Revenue decreased by 1.6%, to 87.98 billion rubles. Gross profit dropped by 26%, to 32.2 billion rubles. The company fixed liabilities grew 1.6-fold, to 96.6 billion rubles, while current liabilities fell by 27.1%, to 27.1 billion rubles. (Ukrainian metal)
DetailsIn January-March Nizhny Novgorod region increased industrial output by 2.3% YoY. In particular, metal manufacture demonstrated an increase of 19.2%, and that of metal wares – 10.9%. Rolled metal output increased by 24.3%, while steel pipes, sections and fittings – by 17.3%. (Ukrainian metal)
DetailsIn January-March the Republic of Sakha (Yakutia) mined 2.4 tons of gold, up by 27% YoY. This year the region intends to obtain 25 tons of gold. Silver mining in 3 months increased by 88% YoY, to 43.8 tons. The goal for this year is 80 tons of silver. (Ukrainian metal)
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