The Kirovgrad subsidiary of Uralelectromed – Proizvodstvo Polymetallov – has finished the scheduled capital repairs of the shaft furnace No. 1. Investments in repair exceeded 77 million rubles. The specialists have produced and assembled over 320 tons of metal structures, including 120 tons of doghouses. Repair lasted for 28 days, and over 200 repairmen were…Details
Karabashmed JSC (a subsidiary of RCC Group located in Karabash, Chelyabinsk region) has received an award of the Ministry of Natural Resources and Environment of Russia for a successful implementation of measures specified under an Agreement signed as part of the Year of the Environment in Russia in 2017. The ceremony of the award presentation…Details
Eurasian Resources has implemented the Industry 4.0 technology at its Kacharsky mine.
With the investments of $10 million the new module automated system of manufacturing processes now plans shipping and delivery of products.
This means the mine can in real time control the mining process to increase output. (Ukrainian metal)
ArcelorMittal Kriviy Rih plans to invest $1.5 billion in modernization until 2020. In particular, the works intends to finish construction of the two coking batteries complex (Nos. 5 and 6). The battery No. 6 has been constructed and commissioned, while the battery No. 5 will be put in operation in a couple of months. The…Details
Zaporizhstal has put in operation its hydrochloride etching line in the cold-rolling shop No. 1 after a major overhaul. According to the company statement, the repair lasted for 7 days and cost some 35 million UAH. At the same time the company has also repaired the Tandem-1680 mill in the shop with investments at 14…Details
Metinvest has presented the projects of ecological modernization of Mariupol Ilyich Iron and Steel Works to the public. Within the sintering factory reconstruction the company is replacing gas-purifying equipment. Sintering machines Nos. 1-7 have been repaired. This is expected to decrease air pollution in the city by 40%, while dust emission at the works will…Details
Liepājas metalurgs may resume production in February 2018, said potentially insolvent KVV Liepājas metalurgs’ investor, Israel-based businessman Igor Shamis. “In the next two, three months, we could do all we need to restart the steel melting furnace,” said Shamis. His partner in the deal is the experienced Swiss steel trader Trasteel Trading Holding. The company’s…Details
Energomashspetsstal has supplied 246.5 tons of mechanically treated rolls to Finland and Poland. In particular, the products were delivered to ABB to be used in the manufacture of electric engines. The rolls have been delivered by land via railroad and trucks. In 2016 EMSS received 1487.9 million UAH of net loss, down 2.1-fold YoY. (Ukrainian…Details
Pokrov Mining and Processing Works (previously – Ordzhonikidze GOK) has purchased a new JCB hydraulic excavator valued at 7.265 million UAH. A similar excavator was bought in February. The excavator with the ladle volume of 2.5 cubic meters will be operating at the ore loading, as well as construction works. As of today, the GOK…Details
Zabaykalstalinvest has been holding the license to develop 2 sites in Zabaykalye region since 1993. The company intends to start developing the Chineysky deposits in 2018-2019. In particular, the company plans to construct a mining and processing works at the Rudny site to process copper, platinum, gold and palladium. Another works will be constructed at…Details
During the washing season of 2017 Dauria has obtained 768.2 kg of gold, up by 6.9% YoY.
Next year the company has to obtain 550 kg of gold.
Dauria is developing alluvial gold sites on the territory of Zabaykalye region. (Ukrainian metal)
Dalgeophysica, a part of the state holding Rosgeologia, has finished the second stage of prospecting in Khabarovsk region. The prospecting will be complete in late 2018, but even now the specialists do not doubt that the Ponyisky site will be one of the largest gold-quartz and gold-copper-porphyritic deposits in the world. The size of the…Details
A pool of banks will provide Norilsk Nickel with a loan of $2.5 billion. Among roughly 15 lenders will be Raiffeisenbank, Unicredit Bank, China Construction Bank, Citibank, HSBC, J. P. Morgan, etc. The total sum of the deal, including interest and commissions, is 18.14% of Nornickel assets cost as of September 30. At that time…Details
In January-November Russia produced 47.6 million tons of pig iron, up by 0.3% YoY. In November output increased by 1.9% YoY and by 0.9% MoM. According to the Federal Service of State Statistics, rolled metal output in 11 months increased by 0.7% YoY, to 55.5 million tons. In November the results decreased by 6.8% YoY…Details
The governor of Kuzbass Aman Tuleyev wants to limit granting of coal licenses in the region and decrease output to 200 million tons. Officially, to decrease damages to the environment. This year 5 auctions for coal development have been cancelled. The existing mines provide enough coal. Over 100 coal companies operate in the region, including…Details
In 2020 Glencore plans to commission the Zhairem Mining and Processing Works with the capacity of 160 thousand tons of zinc per year. This asset will replace the Maleevsky and Tishinsky mines, the operation of which will be stopped in 2023. Glencore expects the demand for zinc on world markets to grow in the next…Details
Mining and metallurgic company Norilsk Nickel plans to issue green Eurobonds until the end of 2018, Deputy Chairman of the Board Andrei Bugrov said at a central bank meeting. “There have been no green bond issues on the domestic market yet. Norilsk Nickel is discussing an option to issue the instrument to support a program…Details
Under the first stage of the investment project Naberezhniye Chelny Pipe Works has purchased equipment and started producing casing pipes for oil and gas industry. The manufacture started on the leased territories at the Chelny industrial park. The annual capacity of 48 thousand tons of pipes is expected to be reached by early 2020. “We…Details
Since the beginning of the year Rusolovo has mined 1 thousand tons of tin concentrate, up by 60% YoY, and a historical record for the company. “This year has become a key one as to the development of our manufacturing base and reaching new producing heights. Not only have we carried out a large repair…Details
According to preliminary results, in 2017 Primorsky Mining and Processing Works will produce 2700 tons of tungsten concentrate and 1600 tons of copper concentrate. In 9 months output was down by 5% YoY. By the end of the year the difference will have decreased to 2%. Primorsky GOK is developing the Vostok-2 deposits. The company…Details
The United Pipe Company has for the fourth year in a row been named the best supplier of industrial products and goods for the oil and gas industry (pipes). “The TMK products are associated with quality and reliability in Russia, as well as abroad. The fourth award is yet another confirmation of this”, TMK deputy…Details
Mechel-Steel, a subsidiary of the Russian metals and mining company Mechel, and Kyrgyzstan’s state railway company Kyrgyz Temir Zholy have signed a letter of intent to expand cooperation, Mechel said in a statement. The letter stipulates that the companies will develop system-wide cooperation aimed at exchanges of information on products, and on supplies of rolled…Details
Ukraine in January-November increased coal imports in monetary terms 1.87-fold YoY, to $2.431 billion, according to the State Fiscal Service of Ukraine. Russia remained the major supplier of coal over the period under review, accounting for 56.4% of total supplies worth $1.37 billion, the report said. It is followed by the United States (24.8%, $603.8…Details
On the Near East market Interpipe’s main customers are the United Arab Emirates and Turkey. “We have strong connections with clients in the region, both in oil and gas and construction sectors. 58.5% of all our deliveries fall on oil and gas projects. UAE accounted for 25% of them, Turkey – 18% and Egypt –…Details
In November Russia supplied some 280 thousand tons of coal illegally taken from the occupied Donetsk and Lugansk regions of Ukraine to Europe, up by 18.6% MoM, or by 44 thousand tons. The largest exporters of Donbass coal are companies, controlled to the fugitive Ukrainian businessman Sergey Kurchenko. In particular, in October his two companies…Details
Azerbaijan, one of the richest in precious metals deposits countries in Eurasia, has increased gold and silver mining. The country produced 5,669 kg of gold in January-November, up 3.2-fold YoY. The State Statistics Committee reported that the extraction of silver increased by 67.9%, amounting to 566.800 kg. The stocks of finished goods, as of December…Details