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Centerra Gold Inc. does not own any Mongolian operations or properties and has not conducted any business in Mongolia since October 2018, Kumtor Gold Company reports. Recently media have announced that Mongolian Court of Appeal has revoked four Centerra Gold licenses in favor of an NGO. In this regard, Kumtor Gold Company would like to…
DetailsThe coal output of Russia’s Yuzhniy Kuzbass, a part of metals and mining group Mechel, remained flat on the month, but jumped by 80% YoY, to more than 1 million tons in November, the company said. In January-November coal production rose by 21% YoY, to 7.7 million tons. Open pit mines of the company processed…
DetailsA specially created working commission of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan has checked readiness of coalmining enterprises in Naryn region for the heating season. The delegation, led by the Chairman of the State Committee for Industry, Energy and Subsoil Use Emil Osmonbetov, inspected how much coal was mined and…
DetailsEvraz Metal Inprom has supplied some 400 tons of flanged beams manufactured at the Evraz NTMK for the reconstruction of the Schelkovo bus station. The beams with the length of 8.2 to 12 meters were shipped in March. The new bus station with the size of 150 thousand square meters will open in Q1 2020.…
DetailsSeverstal has finished a series of capital repairs at the Cherepovets Iron and Steel Works coke-sinter-blast furnace, steel smelting and flat rolled metal manufacture. The combined cost amounted to 791 million rubles. The coke-sinter-blast furnace manufacture saw the largest blast furnace No. 5 repaired, as well as BF No. 4. At the same time six…
DetailsRusal has commissioned 5 autoclaves valued at 40 million rubles at the Uralsky Aluminum Works. Until the end of 2032 the company intends to additionally invest some 600 million rubles in the autoclave replacement. In particular, Rusal plans to purchase 53 new autoclaves. At present the works operates 87 autoclaves, united in 11 batteries. Uralsky…
DetailsIn January-September Ferrexpo enterprises (Poltava, Yeristovo and Belanovsky Mining and Processing Works) paid 2.42 billion UAH of taxes to budgets of all levels. PGOK paid 1942 million UAH, EGOK – 467.7 million UAH and BGOK – 11.1 million UAH. In particular, PGOK paid 216 million UAH to the local budget, 242 million UAH to the…
DetailsMetinvest has become a leader of the innovations rating in the “Industry” nomination, compiled by Delo. The rating has been compiled based on the opinion of experts (40%), editors (40%) and online voting (20%). The companies were evaluated based on product innovation, innovation approaches in business process management and the scope of innovations. The best…
DetailsZaporizhstal will decrease air pollution from its blast furnace shop thanks to its own development. All the blast furnaces have a special exhaust system, which collects dust and returns it to secondary processing. At the same time a new solution has been found to improve dust exhausting – special additional covers decreasing dust emission when…
DetailsThe Interdepartmental commission on foreign trade has started an antidumping investigation of the imports of steel fasteners from China. The investigation was initiated by Druzhkovka Metal Wares Works, the largest fasteners manufacturer in Ukraine. According to the company, in H2 2016 – H1 2019 steel fasteners imports from China grew by 17.4%. The share of…
DetailsIn January-November East-Siberian Railroad transported 315.8 thousand TEU containers, up by 12.8% YoY. In particular, transportation of non-ferrous metals grew by 24%, to 15.4 thousand containers, and metal wares – by 35.8%, to 8.7 thousand containers. At the same time transportation of ferrous metals dropped by 0.8%, to 2.6 thousand containers, and ferrous scrap –…
DetailsIn January-November Sverdlovsk Railroad transported 41.5 million tons of cargo in Perm region, up by 2.1% YoY. In particular, 214.8 thousand tons of ferrous metals were transported, up by 0.6%, as well as 368 thousand tons of iron and manganese ore, up by 74.4%. At the same time transportation of ferrous scrap dropped by 13.8%,…
DetailsIn January-November Ukraine exported 774.8 thousand tons of ferroalloys, valued at $852.8 million, down by 5.8% and 5% YoY respectively. According to the State Tax Service, in November 47.3 thousand tons of ferroalloys valued at $55.5 million were exported, down by 26% and by 13% MoM respectively. The exports went mostly to Italy, Turkey and…
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