In 2018 Polymetal intends to invest $15 million in the gold-mining project Kapan in Armenia, which corresponds to its 2017 level of investments. According to the company managing director Vitaly Nesis, Polymetal intends to mine 530 thousand tons of ore at Kapan this year and 650 thousand tons next year. The goal of the company…Details
The nickel deposits of Voronezh region are estimated at 10% of the whole Russian reserves. According to the professor of natural deposits and subsoil use of Voronezh state university Konstantin Savko, there are no other nickel deposits in Russia with such economically positive indexes. Other deposits are more expensive to operate. “For Voronezh region the…Details
For the first time in its history Rosterminalugol has shipped coal to Portugal.
The Panamax-type Sea Trubite received 77.5 thousand tons of power-generating coal. It took 36 hours to load the vessel.
Rosterminalugol is constantly increasing the geography of its sales. At present the company ships coal to over 20 countries. (Ukrainian metal)
In January-September Kamchatka yielded 310 kg of platinum, down by 9% YoY, or by 31 kg. The main miner is still Koryakgeoldobycha. The company is developing two platinum sites. In 9 months they have yielded 294 kg of platinum, down by 11% YoY. Geotekhnologia obtained 16 kg of platinum, up by 60% YoY. This year…Details
In January-September the only coal-mining company in Kamchatka – Palana-Ugol LLC – mined 18.3 thousand tons of coal, up by 34.6% YoY. According to the company CEO Sergey Spivak, the output directly depends on the need of the regional housing enterprises. “Each year we deliver some 20 thousand tons of coal to housing companies. This…Details
In Q3 Kimkano-Sutarsky Mining and Processing Works produced 469.9 thousand tons of iron ore concentrate, selling 453.6 thousand tons. In January-September output totaled 1.167 million tons, up 5.5-fold YoY. Sales in 9 months increased 4.8-fold, to 1.152 million tons. According to the company it is working at an 80% capacity. By late 2017 the capacity…Details
Evraz ZSMK has started producing B500V rebars with the diameter of 12-40 mm for the markets of Poland and the Netherlands. During the test the rebars have been checked by Zetom (Poland) and KIWA (the Netherlands) specialists. Rebars have successfully passed the tests and confirmed their correspondence to PN EN 10080 Stal do zbrojenia betonu…Details
In January-September Izhstal shipped over 10 thousand tons of metal top major Belarus enterprises, up by 10% YoY. In particular, deliveries to MAZ increased by 26%. Izhstal is supplying metal to Belarus companies within the cooperation program of the governments of Udmurtia and Belarus in 2015-2017. The company supplies carbon, alloyed, stainless and speed steel…Details
On November 9 the public hearing on the antidumping investigation into steel wheels with the diameter of 710 mm and over originating from Ukraine and imported into the customs territory of the Eurasian Economic Union will be held. The current duty will be revised because of the new conditions. The new antidumping investigation was initiated…Details
The Energy and Coal Industry Ministry has stated that wage debts totaling UAH 500 million will be paid off to miners until the end of the week. Deputy Energy Minister Anatoliy Korzun said this during Government Question Hour meeting held in Parliament. “We’re considering the issue of state support, and also funds are being received…Details
This year KazZinc intends to produce 320 thousand tons of zinc. “Our capacity is 295 thousand tons, but we produce 302-305 thousand tons. This year we believe we could produce 320 thousand tons, by slightly adjusting the technology”, the company CEO Alexander Khmelev said. In 2016 KazZinc produced 305.5 thousand tons of zinc, thus this…Details
The acting governor of the Primorye region Andrei Tarasenko while visiting the Lermontovsky Mining and Processing Works decided to fire the company director Vladimir Kalinovsky. According to the press-service of the regional authorities, the ex-top manager of the company Yuri Danilov has been appointed the new director. Lermontovsky GOK is one of the two tungsten…Details
OMZ-Spetsstal has manufactured and shipped two cast billets for the Indian Kudankulam NPP to Tyazhmash. Under the agreement signed in May, the company has produced a cone and a torus of 25L steel. The weight of the cone is 19 tons, of the torus – 50 tons. And the torus diameter is over 6 meters.…Details
Bryansk Machine-Building Works has passed the certification for the correspondence to the requirements of European standards in welding manufacture quality management system. BMZ has confirmed its correspondence to DIN EN 15085-2:2017 and EN ISO 3834-2:2005, thus it can produce metal structures for customers from Europe, Asia and America. The company is also the first in…Details
Members of the Murmansk Regional Duma have held an on-site meeting at Kola MMC that focused on the company’s environmental protection policy and improvement in environmental performance. The deputies reviewed the company’s environmental efforts and the progress of the Year of the Environment initiatives. Regional MPs paid a visit to the disposal facility for saline…Details
RUSAL, a leading global aluminum producer, announces the launch of an experimental reduction area at the Irkutsk Aluminum Works, which will operate under the EcoSoderberg technology. The total amount of investment in the project reached 540 million rubles. Implementing EcoSoderberg technology is one of the priority retrofitting projects for RUSAL. New generation potcells have a…Details
The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, a member of the association’s 2017/2018 executive committee at Worldsteel’s 51th General Assembly in Brussels, Belgium. Alexey Mordashov is the only Russian representative in Worldsteel’s…Details
Metalloinvest has started pilot operation of the concentrate intake facility at Mikhailovsky GOK. The company has invested 1.3 billion rubles in the project. The maximum design capacity of the facility is 3.2 million tons of concentrate per year. During the facility’s pilot operation, the company specialists will adjust the equipment and operating models in order…Details
The Zyuzins family decreased their consolidated share in Mechel from 55.04% to 50.1%, having given 4.93% to Veriotex Holdings Limited as a repayment of the debt. At present Igor Zyuzin owns 26.47% of the company, a part of which is owned through Calridge Ltd. “In October Calridge transferred 20.534 million shares as debt settlement”, the…Details
The pipe and wheel holding Interpipe intends to create a joint venture with the French Vallourec.
The Antimonopoly Service of Germany recorded the corresponding appeal on October 4.
In 2016 Interpipe sold 458 thousand tons of pipes, down by 10% YoY, and 114 thousand tons of wheels, up by 22%. (Ukrainian metal)
The main owner of Rusal Oleg Deripaska will retain control over Nikolaev Aluminum Works, which it has sold to Glencore. Deripaska’s En+ Group concluded a non-binding agreement with Glencore to exchange the Swiss corporation 8.75% of Rusal shares (through Amokenga Holdings Ltd) for En+ shares (owns 48.13% in Rusal). The parties agreed that Glencore would…Details
In January-September Lipetsk region foreign turnover increased by 42.5% YoY, to 3.4 billion rubles.
According to the local customs office, exports increased by 42.6%, to $2.8 billion, imports – by 42%, to $223 million.
NLMK ferrous metals accounted for 96.5% of the total exports. (Ukrainian metal)
The Pipe Metallurgical Company will supply daughter companies of Lukoil with some 18.4 thousand tons of casing pipes with premium TMK UP joints. According to the company statement, TMK will deliver 12 thousand tons of pipes to Lukoil-West Siberia and 6.4 thousand tons to Lukoil-Komi. The pipes of 114-339 mm diameter will feature the GreenWell…Details
Agrisovgaz has started producing high-precision castings of aluminum alloys using vacuum-film molding.
The castings are made on the modern equipment. The products are tested for quality on site.
The company can now produce castings of 2-80 kg of aluminum and zinc alloys with the capacity of 600 tons per year. (Ukrainian metal)
At the Novogrodovskaya mine of the state enterprise Selidovugol in Donetsk region 34 miners of the first shift refused to go above ground.
According to the chairman of the International Miners Union of Ukraine Mikhail Volynets, they demand paying salary.
“The miners want their salary debts cleared”, he wrote on his Facebook page. (Ukrainian metal)
“An investor from China doesn’t modernize production at Makmalzoloto,” Kyrgyzaltyn JSC cited deputy of the parliament Kozhobek Ryspayev. Yesterday he said that the investor, who was ready to work at Makmal, was tripped up. Kyrgyzaltyn specified that it was not a question of modernizing the existing production at Makmalzoloto plant. Kyrgyzaltyn signed an agreement with…Details