Ukraine: SPF to privatize 5 mines

The State Property Fund of Ukraine intends to sell several mines this year. 5 mines are being made ready for privatization, according to the fund chairman Igor Bilous. “There are some 5 objects. The mines to be privatized are complex and economically burdened objects. There is a special law on mine privatization. They do not…

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Ukraine: Evraz Sukhaya Balka still not allowed to mine ore

Evraz Sukhaya Balka is idle because of the absence of license to mine iron ore.

According to sources, as of the late March, the company still has not received all the necessary documents to resume operation.

In January-February the enterprise mined 413 thousand tons of sinter ore. (Ukrainian metal)

Russia: titanium output to grow

In the long-term prospect the titanium products output in Russia will increase, according to reports from the Ti-2017 in CIS conference in the city of Yekaterinburg. The main driver of the output increase and consumption of titanium semi-finished products will be the aerospace industry, while the demand growth is also expected on behalf of energy…

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Russia: KZOTsM improves alloy quality control

According to the modernization and old machinery replacement plan the Kirov Non-Ferrous Metals Processing Works has purchased a new spectrophotometer for its central laboratory.

The equipment is used to determine the mass fraction of phosphorus and iron in various alloys, as well as nickel and zirconium. (Ukrainian metal)

Russia: ChTPZ profits up in 2016

In 2016 the net profit of ChTPZ group increased by 5.7%, to 6.357 billion rubles. According to the company statement, its revenues dropped by 9% YoY, to 135.456 billion rubles, EBITDA – by 3%, to 27.9 billion rubles. The net debt of the group decreased by 9.9 billion rubles, or by 76.2 billion rubles, to…

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Russia: lead and zinc output down in January-February 2017

In January-February the production of the raw lead dropped by 23.9%, of raw zinc – by 1.7%.

According to the Federal Service of State Statistics, in February raw lead output decreased by 35.7% YoY and by 11.6% YoY, while that of raw zinc – by 4.7% and by 11.6% respectively. (Ukrainian metal)