Safmar intends to merge two of its coal assets – Kuzbass Fuel Company and Russkiy Ugol. The united asset will mine over 30 million tons of coal per year, with 20 million tons to be exported. Russkiy Ugol assets are situated in Amur and Krasnoyarsk regions, as well as the Republic of Khakasia. They comprise…Details
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The Bachatsky Pit of Kuzbassrazrezugol has commissioned a new WK-35 excavator. This is the sixth machine in the pit fleet. One operates at the Krasnobrodsky coal pit, two – and Taldinsky pit and three at Bachatsky. WK-35 can excavate over 1 million cubic meters of rock per month. The volume of its ladle is 35…Details
Nova-Zinc has started a project to improve manufacturing efficiency. Its main goal is to increase ore output, processing and new horizon construction speed. In just one month mining grew by 40%, from 833 tons to 1167 tons per day. Processing is also growing, reaching 4057 tons per day as opposed to 3456 tons. (Ukrainian metal)Details
Until 2034 Rusal intends to commission a plant to produce alumina of kaolin ore with the capacity of 1 million tons. Until 2023 at the Achinsk Alumina Plant a trial manufacture of alumina of kaolin ores will begin. And until 2034 the full-scale production will start. The plant will be situated close to kaolin ore…Details
In November Beloretsk Iron and Steel Works increased sales by 8% MoM, to 32 thousand tons. Metal wares for car and machine-building, as well as for construction industry were in especial demand. Bearing wire sales grew almost 7-fold. Sales of alloyed welding wire increased by 49% and cold-deformed rebars – by 44%. Ordinary quality wire…Details
Search for employees, who went missing as a result of a waste rock movement in Lysii area, continues at Kumtor mine, the Ministry of Emergency Situations has reported. According to the ministry, 94 rescuers and 38 units of heavy machinery are involved in the search. The ministry said that the excavation of the descended waste…Details
A draft law on additional financing of the coal industry in 2019 has been registered in the Ukrainian parliament, according to the Trade Union of Coal Industry Workers of Ukraine. It is noted that considering the situation in the coal industry with the payment of salaries to employees of state mines, the arrears of which…Details
This year the Ministry of Energy expects to retain the previous year coal output volumes. In particular, until the end of the year it is planned to mine 440 million tons of coal, exporting some 210 million tons. At the same time in November the energy minister Alexander Novak claimed some 445 million tons of…Details
Severstal and Italian Valvitalia have concluded a distribution contract to supply Valvitalia products and solutions for power industry. Valvitalia products have all the necessary international certificates (API and ISO). Tube fittings have already been supplied for Yamal LNG, Sakhalin-2 and South Stream construction. For over 10 years Severstal has been supplying Russian power companies with…Details
Norilsk Nickel and Atomflot have concluded a long-term agreement on the icebreaker fleet services. The agreement has been concluded until 2027 with a possible prolongation until 2029. The document, which is an addendum to the current agreement signed in 2014, provides for the services of making and maintaining channels in the ice fringe of the…Details
Interpipe has developed and shipped the first batch of ULT SP mounted axle for Spanish market. The new structure is a part of the Ultimate product line and is intended for cargo railroad cars. In October Interpipe successfully completed all tests and certifications at European centers. The wheel pair is designed specifically for Iberian railroad,…Details
In November among metal and mining companies ArcelorMittal Kriviy Rih received the most of VAT refunds. According to the State Treasury Service, AMKR received 1.358 billion UAH, Mariupol Ilyich Iron and Steel Works – 639.373 million UAH and Azovstal – 598.023 million UAH. VAT reimbursement in November amounted to 11.329 billion UAH. (Ukrainian metal)Details
In January-November West-Siberian Railroad transported 320.3 thousand TEU containers, up by 11.3% YoY. In particular, 14.3 thousand containers with ferrous metals were transported, up by 0.4%. Transportation of metal structures grew by 35.3%, to 1.4 thousand containers. (Ukrainian metal)Details