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In 2017 thanks to the energy efficiency improvement program VIZ-Stal decreased specific power intensity of transformer steel manufacture by 4.3%, to 7.63 Gcal per ton. In the past 5 years this parameter has decreased by 18%. Implementation of new techniques, replacement of outdated machinery, projects of resources saving and manufacturing processes optimization allowed the company…
DetailsPrivate limited company Metinvest B. V. has increased its share in Avdiivka Coke and Chemical Works from 87.7581% to 94.6003%. The company bought the shares on the secondary market. The Metinvest B. V. share in the voting shares of the company totaled 95.1176%. The Avdiivka Works charter capital is 485.75 million UAH. (Ukrainian metal)
DetailsIn 2017 Mechel increased its net loss 1.9-fold YoY, to 15.2 billion rubles. According to the company statement, its revenue decreased 2.1-fold, to 5.99 billion rubles, gross profit dropped 4.1-fold, to 3.05 billion rubles, and sales profit – 7.3-fold, to 1.5 billion rubles. Other income grew 2-fold, to 15.3 billion rubles. The company fixed liabilities…
DetailsRussian coal producer Kolmar plans to raise coal production to 6.5 million tons in 2018 from 4.5 million tons in 2017, CEO Sergei Tsivilyov said on February 27. “In 2017 we already produced 4.5 million tons of coal, we’ve now purchased a lot of equipment, and our plans for 2018 is 6.5 million tons of…
DetailsVysochaishiy (GV Gold) has relocated to a new business-center in Moscow situated on the Kadashevskaya Embankment Street. According to the company statement, the agreement to lease 1.3 thousand square meters was concluded with BASF in November 2017. The company occupies the whole floor of the office block. Vysochaishiy is among top-15 gold-mining companies in Russia.…
DetailsA unique train loaded with zinc and copper departed from Novo-Ust-Kamenogorsk. 114 loaded rail cars are headed to the port of Novorossiisk and from there will continue their way to Turkey, Spain, Italy and other foreign countries. “Delivery is a hot topic for Kazakhstani producers, which are geographically remote from the major transport hubs,” Head…
DetailsResidents of Chatkal district of Jalal-Abad region tried to take gold ore from the gold field Ishtamberdi, the regional police department informed. The CEO of Full Gold Mining turned to the police with statement. He said that at night about 50 people entered the mine and illegally dug out gold ore. As the police said,…
DetailsRadiation level in Ak-Tyuz village, Kemin district, after a break in a pipe with chemical waste remains normal, the State Committee for Industry, Energy and Subsoil Use reported. According to its information, a sharp drop in air temperature caused a break in the joint on the pipe of the pulp feed-line, running from the concentrating…
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