In June Russia exported 12.7 thousand tons of zinc ore and concentrate, down by 41.1% MoM and by 67.8% YoY. In particular, China bought 4.6 thousand tons, down by 69% MoM. Sales to Korea dropped by 33%, to 3 thousand tons. Kazakhstan imported 5.1 thousand tons of zinc ore, up 2.5-fold YoY. In H1 zinc…Details
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In June Russia imported 3 thousand tons of aluminum scrap and waste, up by 24.2% MoM, but down by 22.3% YoY. Imports from Kazakhstan remained at 1.6 thousand tons, but from USA grew 3.5-fold, to 1 thousand tons. In H1 Russia imported 14.4 thousand tons of aluminum scrap, down by 27.7% YoY. In monetary terms…Details
In June Russia exported 41.6 thousand tons of lead ore and concentrate, up by 108.2% MoM and by 176.6% YoY. Exports to China grew 2-fold, to 98%. In H1 Russia exported 191 thousand tons of lead ore, up by 28.2% YoY. In monetary terms exports have grown by 11.2%. Export prices have been falling for…Details
Lebedinsky Mining and Processing Works, a part of Metalloinvest, has produced the 40-millionth ton of hot-briquetted iron. It took the plant 20 years to reach the milestone. Metalloinvest occupies over 50% of the global HBI market. In 2018 it sold 4.5 million tons of the product. (Ukrainian metal)Details
In July Korshunovsky Mining and Processing Works increased iron ore concentrate output by 15% MoM, to 228 thousand tons. The products were shipped to Chelyabinsk Iron and Steel Works. Ore output grew by 58%. (Ukrainian metal)Details
Revda Non-Ferrous Metals Processing Works is carrying out a project to assemble a new horizontal hydraulic press. The machinery was produced by SMS Group, Germany. The press will produce rods and pipes of copper alloys as well as pressed copper tyres with the width of up to 220 mm. The new press will provide the…Details
The VSMPO-Avisma board of directors recommends paying dividends for January-June in the amount of 884.6 rubles per ordinary share. The register to receive dividends will be closed on October 11. The total amount to be spent on dividends will be 10.199 billion rubles. For H1 2018 the corporation paid 756 rubles per share (8.7 billion…Details
This year Russian Copper Company will invest some $760 million in mining in Russia and Kazakhstan. According to the group mining director Alexei Gordeyev, the growth of investments compared to 2018 will be 13%, not counting the purchase of Malomyzh deposit in Khabarovsk region. Other main projects this year include construction of Tominsky mining and…Details
Izhorsky Pipe-Rolling Plant LLC and Siberian Industrial Holding Trading House LLC have supplied pipe products for a joint project of RN-Exploration LLC and Union CubaPetroleo (CUPET) on Cuba. According to the order ITPZ produced compressor-pump pipes with the diameter of 89 mm to be used for capital repairs of shafts at the oil deposit. And…Details
In January-July industrial metallic ores output grew by 2.2%, while metal and wares – by 1%. According to the State Statistics Service, in July ores output went up by 0.4% MoM, while metal – by 9.5%. In particular, in 7 months Ukraine produced 93.9 million tons of non-sintered iron ore, down by 1.3%, 37 million…Details
Centerra Gold Inc. announced that the remaining Kyrgyz legal proceedings affecting Kumtor project and the international arbitration proceeding at the Permanent Court of Arbitration had been terminated, in accordance with the Strategic Agreement on Environmental Protection and Investment Promotion previously entered into with the Government of the Kyrgyz Republic. Accordingly, the parties have achieved the…Details
Ukrainian Railways have ordered Interpipe Ukraine LLC the delivery of tyres valued at 149.8 million UAH. This year the company will supply 5713 pieces of tyres of carbon steel produced by Interpipe NTZ not earlier than March 2018. The price of the agreement was 0.001% below the expected cost of the purchase. The only competitor…Details
With gold prices up at near six-year highs, markets remain nervous on Wednesday August 28 about just how much damage the United States-China trade war is doing and whether it will be reversible before it leads to a global recession. Most base metals prices have fallen to low levels and are failing to get any…Details