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In January-August coal companies output decreased by 2.444 million tons, or by 9.4% YoY. “In particular, power-generating coal production dropped by 1.338 million tons, or by 6.5% YoY, and coking coal – by 1.105 million tons, or by 19.7%”, the Ministry of energy and coal industry reported. State mines decreased output by 20.8%. “The ministry-controlled…
DetailsInterpipe Nizhnedneprovsk Pipe-Rolling Plant has obtained a license to supply gas. The corresponding decision has been taken by the National commission on energy and housing services regulation. As of September 1, 318 licenses to supply gas have been given by the commission. (Ukrainian metal)
DetailsAt the Extraordinary General Shareholder Meeting (EGM) held on September 29, NLMK shareholders approved payment of Q2 dividends of RUB 3.20 per share. The date upon which the shareholders entitled to Q2 dividends will be determined was set as October 12. H1 dividends will amount to RUB 5.55 per share. (NLMK/Ukrainian metal)
DetailsThe deputy economic minister Sergey Nazarov has confirmed that the so-called Donetsk and Lugansk People’s Republics sell coal to Russia, and it in its turn reexports it to other countries. According to Nazarov, each month some 1 million tons of coal from the occupied Donbass are sold that way. Thus Russia helps DPR and LPR…
DetailsLisichanskugol (Lugansk region) has ordered the Komsomolskaya Central Processing Factory the processing of 82.1 thousand tons of coal for 7.74 million UAH. The services were ordered following 2 auctions. At one auction Komsomolskaya offered to process coal at 94.52 UAH per ton, at another – at 94 UAH. (Ukrainian metal)
DetailsThe Pechersk district court of Kiev has arrested the assets of the largest ferroalloy producer Nikopol Ferroalloy Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works under the Privatbank embezzlement case. The General Prosecutor’s Office is investigating the embezzlement of 19 billion UAH provided to Privatbank in 2008-2016 by the National Bank…
DetailsSibcable has started producing the HoldMine mine cable, which corresponds to the new requirements of Rostechnadzor. The new requirements dictate using mine cables with improved characteristics. The first batches of new cable have already been supplied to Kuzbass coal companies. (Ukrainian metal)
DetailsTwo new hydraulic drilling mills with DML LP diesel engine have joined the drilling fleet of Krasnobrodsky and Kaltansky pits, parts of Kuzbassrazrezugol. They will be used to drill shafts when carrying out explosion works. The planned output of DML LP is 22 thousand meters of shafts per month. The company has been modernizing its…
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