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In October 2005, the transparent privatization of Kryvyi Rih metallurgical plant became the largest investment in Ukraine. The state received UAH 24.2 billion. Lakshmi Mittal, Executive Chairman of ArcelorMittal, congratulated the largest mining and steel company in Ukraine: “Looking back at the years since ArcelorMittal successfully acquired Kryvorizhstal in 2005, the belief I had in…
DetailsThe Central Mining and Processing Works has invested 22 million UAH in the capital repair of the annealing machine OK-324 at the pelletizing factory. Some 100 tons of refractory lining will be replaced, as well as 16 meters of gas line. CGOK is one of the largest manufacturers of iron ore raw materials in Ukraine.…
DetailsIn January-September, Severniy Mining ad Processing Works increased pellets output by 22.2% YoY, to 4.93 million tons. Iron ore concentrate manufacture grew by 7.8%, to 10.2 million tons. In September, SevGOK produced 385 thousand tons of pellets and 1.1 million tons of concentrate, down from 490 thousand tons and 1.14 million tons in August respectively.…
DetailsIn January-September, Ingulets Mining and Processing Works increased iron ore concentrate output by 8.8% YoY, to 9.75 million tons. In September, the enterprise produced 1.02 million tons of concentrate, up by 5.9%. (Ukrainian metal)
DetailsIn July-September, Pokrovskoye Mine Group, the largest producer of coking coal in Ukraine, decreased output by 30.1% QoQ and by 17.3% YoY, to 1.21 million tons. Since July, monthly dynamics has been negative. Thus, in July, Pokrovskoye decreased output by 4.7% YoY, to 461.2 thousand tons, in August – by 17%, to 371.2 thousand tons,…
DetailsIn January-August, Russia produced 215.07 tons of gold, up by 0.22% YoY. The output of extracted gold dropped by 1%, to 182.62 tons, and auxiliary gold – by 6%, to 10.61 tons, while that of secondary gold grew by 14%, to 21.84 tons. In August, gold production totaled 41.08 tons, up by 7% YoY, with…
DetailsThe state enterprise Selidovugol has ordered Stencil Capital LLC the delivery of rescuing equipment valued at 34.75 million UAH. This year, the company has to supply 1700 mine insulating self-rescuers for 50 minutes of protection produced by Dezega SP, Turkey at 10.555 thousand UAH apiece. This is a new price set in August. Previously it…
DetailsA new steel plant will be built in Georgia until 2023 within the “Produce in Georgia” state program, the government press office has reported. About 3,819,664 GEL ($1,216,453) will be invested to construct the new steel plant. Prime Minister Irakli Garibashvili said about 50 people would be employed at the plant. The state will give…
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