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The Supreme Commercial Court has confirmed the ruling to recover 6 million UAH from the only primary aluminum manufacturer in Ukraine – Zaporozhye Aluminum Works for the illegal use of the city land. Without any contracts and agreements ZALK has been using the territory of the city with the total size of 50 ha, thus…
DetailsPAO Severstal announces the repayment of $475,000,000 1.00% guaranteed convertible bonds due 2017 issued by Holdgrove Limited and guaranteed by PAO Severstal. Holdgrove Limited (the “Issuer”), a wholly-owned subsidiary of PAO Severstal incorporated under the laws of the Republic of Cyprus, has fully repaid the $475,000,000 1.00% guaranteed convertible bonds due 2017 issued by the…
DetailsThe Belarus Iron and Steel Works has been granted the strategic supplier status by the top Russian tire manufacturer Cordiant, BMZ Press Secretary Alexander Olesik reported. The relevant certificate was presented to BMZ representatives during the Supplier’s Day conference in the Russian city of Yaroslavl when the 15th anniversary since the tire maker was established…
DetailsThe situation at the state enterprise Volynugol has been discussed at the region state administration. According to the administration chairman Vladimir Gunchik, the Volynugol results are by far not the best among coal industry enterprises. “Coal mining has dropped by 57 thousand tons”, he said. The miners haven’t been paid salary for 1.5 months. “That’s…
DetailsThe mining division of ArcelorMittal Kriviy Rih has received 5 new BelAZs. Their capacity is 130 tons, and length – 17 meters. The ceremony of putting the trucks into operation was held with the participation of AMKR CEO Paramjit Kahlon, the BelAZ managers and the company employees. (Ukrainian metal)
DetailsAccording to the minister of energy and coal industry Igor Nasalik, Lviv region provides 50% of all Ukrainian coal. “As Lvivugol covers 50% of energy needs daily, the matter of its development is of utmost importance both for the region and the power of the whole country”, he said. This year the state enterprise will…
DetailsUkhtageoservis LLC has suspended operations at alluvial gold sites in Komi, because it resulted in polluting water with suspensions. The company has been fined for 918 thousand rubles. Ukhtageoservis has the license to prospect for and extract alluvial gold at Dimteyelskoye, Srednekyvvozhskoye-1, Kyvvozhskoye and Srednekyvvozhskoye deposits. (Ukrainian metal)
DetailsIn January-August Kemerovo region mined 159.5 million tons of coal, up by 7.6% YoY. In August output dropped by 1.5% YoY, to 20.3 million tons. Coking coal accounts for 26.3% of 8-months output, or 41.9 million tons. Coal sales totaled 136.5 million tons, including 92.9 million tons shipped for export. (Ukrainian metal)
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