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Shareholder meetings of Nikopol Ferroalloy Plant, Zaporozhye Ferro Alloys Plant, Marganets Mining and Processing Works and Ordzhonikidze Mining and Processing Works, scheduled for early June, were not held. ZZF meeting was to take place on June 7, while that of NZF – on June 10. The supervisory boards of both companies will name the day…
DetailsThe Ministry of energy and coal industry has started another competition for the office of Volynugol general director. All the applications should be submitted by July 12. The previous competition was held in early March. Volynugol CEO Fedor Bogdan resigned on February 22. In January-March the company decreased its losses 4.5 times YoY, or by…
DetailsThere have been no deliveries of coal from the occupied regions of Donbass since June started. “We have serious problems with A grade coal, even though the situation is not as critical as last year”, said the National commission on energy and municipal services regulations director Dmitry Vovk. “It is difficult to meet the needs…
DetailsMakeevugol Butovskaya mine, situated in the Russia-supported terrorist occupied territories has been shelled. Because of the fire the mine was cut off from air and electricity supply. 3 miners have been evacuated. There were no casualties. The mine resumed operation the same day. (Ukrainian metal)
DetailsThe Ministry of energy and coal industry suggests giving 1.3 billion UAH in 2017 to finance coal industry. 850 million UAH will be given as subsidies to state mines, while 450 million will be spent on the closing down of profitless coal companies, according to the minister Igor Nasalik. In January-May Ukrainian mines yielded 16.29…
DetailsRailroad transportation in the ATO zone has been renewed which allowed metal companies there to start working again. On June 13, Alchevsk Iron and Steel Works put the blast furnace into operation. Dneprovsky Iron and Steel Works used to operate only one blast furnace but now intends to put the second one into operation as…
DetailsDuring the annual general meeting of shareholders (AGM) of Norilsk Nickel a new board of directors was elected and the dividend for 2015 in the amount of RUB 230.14 per ordinary share was approved. Previously, the extraordinary general meetings of shareholders held on September 14, 2015 and December 19, 2015 approved of the payment of…
DetailsThe Interdepartmental working group for coordination of commercial activities at Zaporozhye Aluminum Works believes it is necessary to have a reprivatization of 68.01% shares of the company, that have been earlier returned to the state ownership. “The group will address the Ministry of finances and the Ministry of economical development and trade to consider the…
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