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The Ministry of energy and coal industry has developed a program that presupposes the reforming of the state coal industry until 2020 valued at 25.28 billion UAH. Of this sum 10.57 billion UAH will be provided from the state budget. Direct investments to cover differences between the prime cost of coal and sale price at…
DetailsThe state enterprise Vostochny Mining and Processing Works has ordered Temp LLC transportation of uranium ore valued at 5.78 million UAH. By December the company will have to transport 45 thousand tons of uranium ore from Novokonstatninovskaya mine to Ingulskaya mine (around 55 km). Temp has been monopolizing VostGOK transportation tenders since September 2011 –…
DetailsThe Ministry of energy and coal industry acknowledges the debt of 355 million UAH to the state miners. “Today the salary debt amounts to 355 million UAH, that’s slightly more than the monthly salary fund”, said the ministry head Igor Nasalik. In August around 400 million UAH was spent on clearing salary debts, he added.…
DetailsIn January-June Russia produced 12.74 tons of platinum, down by 7.6% YoY. Palladium output dropped by 1.1%, to 42.34 tons. In particular, Nornickel produced 10.35 tons of platinum and 41.36 tons of palladium, down both by 2% YoY. (Ukrainian metal)
DetailsIn January-June the United Mining and Chemical Company produced 137.12 thousand tons of ilmenite, up by 2% YoY. According to the company CEO Alexander Gladushko, such a small increase can be explained by the crisis on the world market of titanium-containing raw materials. “The demand for the raw materials in the world is still low,…
DetailsEvraz – Dneprovsky Iron and Steel Works intends to have another competition to conduct the independent evaluation of its shares. The company welcomes all offers until September 23. In August 2014 Evraz-Ukraine held a competition to evaluate its assets in Ukraine. The winner would have had to evaluate Evraz-DMZ, Evraz – Sukhaya Balka and Evraz…
DetailsIn January-July Russia imported 257 thousand tons of steel pipes, up by 20% YoY. According to the Federal Customs Service, CIS share increased from 108 thousand tons to 150 thousand tons. At the same time imports from foreign countries remained almost unchanged: they went up from 107 thousand tons to 108 thousand tons. In H1…
DetailsAzovstal has been actively developing its first stage for the pulverized coal injection system in the blast furnace No. 4, which will allow the company to stop using natural gas and decrease pig iron prime cost by $20 per ton. According to the company CEO Enver Tskitishvili, all the necessary equipment will be supplied by…
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