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This year Olkon will get a new crushing complex. A site is being prepared for it at the entrance to Olenegorsk quarry. “The 130-million project will help Olkon produce the high quality breakstone for its own use and to sell”, Olkon executive director Alexei Borisov said. The capacity of the crushing machine is 60 thousand…
DetailsThe coal terminal of the Eastern mining company is increasing coal throughput. In early June the coal seaport of Shakhtersk exported 1-millionth ton of coal. Last year such a volume was reached on June 23, thus the port improved its indexes by 3 weeks. In late May the port also set a daily record of…
DetailsRZhD Logistika will provide services on logistics consulting to Norilsk Nickel. The corresponding agreement has been signed within the XII international railroad business forum “Strategic Partnership 1520”. RZhD Logistika will analyze the Nornickel transport schemes and its overhaul plans, creating the consulting report on the transport model. “Logistic consulting for such a major company as…
DetailsDuring the Metal Structures 2017 exhibition the application of used pipes in construction has been discussed. “Steel pipes are used more and more often in various metal structures, and it is important to pay attention to the quality of the material, as it affects the quality of the structures and buildings as well as the…
DetailsIn January-March DTEK mined 8.36 million tons of coal, up by 15.7% YoY. Coal concentrate output in Q1 increased by 29.2% YoY, to 4.27 million tons. It should be noted that DTEK started buying coal for its thermal power plants in South African Republic and Poland to cover the shortages of coal deliveries from the…
DetailsThe largest pig iron manufacturer of Russia – Tulachermet – has signed an 8-billion rubles loan agreement with Alfa-bank for 3 years. The money will be spent to refinance the company current debts. “Alfa-bank has offered good conditions, thanks to which we have been able to optimize the structure of our loan portfolio”, the Promyshlenno-metallurgichecskiy…
DetailsPJSC “MMC “Norilsk Nickel” has closed its $500-million Eurobond offering maturing in April 2022 with an annual coupon rate of 3.849%. The proceeds from the issue will be used for general corporate purposes and capital investments. Sergey Malyshev, the company’s Senior Vice-president and Chief Financial Officer, commented: “With this Eurobond placement we achieved our main…
DetailsDTEK Energo intends to increase investments into Pavlogradugol and Dobropolyeugol by 40% YoY, to 4.2 billion UAH. “In Pavlogradugol we will invest 3.2 billion UAH, up by 28% YoY, in Dobropolyeugol – 1 billion UAH, up 2-fold”, the company acting CEO Dmitry Sakharuk noted. “We have already put 10 out of 33 planned long faces…
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