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PJSC ArcelorMittal Kriviy Rih started the main stage of construction of the new Continuous Casting Plant No. 2. Capacity of two new continuous casters (LFCC Nos. 2, 3) will be 1.4 million tons per year each. It will enable larger CC-billets output. The total cost of the investment project is over $100 million. Now the…
DetailsAnglo Asian Mining PLC (AAM), a producer of gold, copper and silver in Azerbaijan, announced that a subsidiary of the group, Azerbaijan International Mining Company Limited, planned to spend about $6 million on its new geological exploration and evaluation program in 2018, the company said in a message. 2018 will be the first year of…
DetailsThe railroad operator Globaltrans has prolonged the contract on the transportation of MMK products for another 8 months. “In early 2018 the long-term partnership with MMK was prolonged till late September 2020”, the company said. The previous contract was valid until late February and presupposed the transportation of some 80% of MMK goods. (Ukrainian metal)
DetailsOmega LLC plans to increase alluvial gold output in the Republic of Sakha (Yakutia) this year to 304 kg. The company will be operating at all of its licensed cites: on the Bilir Creek, in the Bilir Creek basin, on the Lazo deposits, as well as on the Bolshoy Delegenyakh Creek. In case the output…
DetailsSeverstal has presented a new product for the construction of industrial and agriculture objects – SeverFarm. And has already received the first order. SeverFarm is the galvanized rolled metal with special coating resistant to bio- and chemically aggressive environment. The company suggests using SeverFarm for the construction and repair of poultry farms, animal husbandry complexes,…
DetailsThe Federal Antimonopoly Service intends to have analyzed the competitiveness on the markets of gold and platinum by August. According to the service deputy director on industry control management Mariya Babikova, another analysis will be carried out on the silver and iron ore concentrate markets. She did not name the timeframe though. (Ukrainian metal)
DetailsThe Kherson-based Smart Maritime Group produced 864 tons of spare parts of sheet steel for Ecolin. According to the company statement, the parts will be used to manufacture tanks for technical liquids. Their diameter will be 8 meters and height – 10 meters. In 2017 SMG carried out 36 million UAH worth of contracts, up…
DetailsThe zinc production of Russia’s Chelyabinsk Zinc Works grew by 4.7%, to 183,002 tons in 2017, the company said in a statement on March 27. Output of zinc and zinc concentrate by the company’s Kazakh subsidiary Nova Zinc LLC fell to 36,530 tons in 2017 from 36,718 tons in 2016, while its production of lead…
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