Olkon has finished assembling an EKG-15 excavator, the largest in its history. The machine will operate at the Komsomolsky quarry. The excavator weighs some 700 tons. It can fill a 136-ton dump truck with rock in just 4-5 ladles. Another machine will be received at the plant until the end of the year, and the…
DetailsIn May Dneprospetsstal decreased steel output by 11% MoM, to 18.4 thousand tons. Rolled metal manufacture grew by 5.4%, to 13.7 thousand tons. In January-May steel output dropped by 15.5% YoY, to 90.8 thousand tons, and rolled metal – by 14.1%, to 61.5 thousand tons. (Ukrainian metal)
DetailsRussian gold producer Nordgold has signed an option deal with Alicanto Minerals Ltd for a preemptive right for a buyback of the Arakaka gold ore mining project in Guyana, the company said in a statement on June 19. Under the agreement, Nordgold gets an option to buy 100% in Arakaka in exchange for $3 million…
DetailsIn January-May Kazakhstan’s production of raw gold and semi-processed gold, or in powder form, increased by 7.8% YoY, to 39,607 kg. In the reporting period the production of raw silver and semi-processed silver, or in powder form, equaled 400,235 kg, down by 2.5%. Besides, 676,942 tons (-8%) of untreated aluminum, aluminum oxide, 56,031 tons (-12.4%)…
DetailsWith the commission of new steel structure capacities, Uralelectromed will increase its output to 4.5 thousand tons. Last year the company produced 3 thousand tons of metal structures. The company also plans to master the manufacture of grating. (Ukrainian metal)
DetailsUntil 2024 thanks to prospecting works Seligdar intends to increase its ore gold reserves by 100 tons. This year the increase is expected to reach 26 tons. As of January 1, the company balance reserves amounted to 115 tons of gold, up from 106 tons as of January 1, 2018. Seligdar comprises 13 enterprises in…
DetailsThis year Uralelectromed intends to produce some 400 thousand tons of cathode copper, on par with the previous year. Copper wire rod manufacture is also expected to remain unchanged – 170 thousand tons. Copper consumption is growing, so the company is carrying out investment projects to increase capacities. In particular, at present UEM is constructing…
DetailsTrubodetal has successfully passed the audit of its quality management system, environment and labor safety. The specialists of the TUV NORD CERT have noted the positive aspects of the plant operation in 2018: the mastering of new products and new markets, high level of personnel specialization, decrease of environment impact, etc. The quality management system…
DetailsIn January-April Russia exported 14.319 million tons of ferrous metals, down by 6.1% YoY. According to the Federal Customs Service, without pig iron, ferroalloys, waste and scrap the exports totaled 9.572 million tons, down by 6.1%. Semi-finished carbon steel products accounted for 5.294 million tons, down by 2.5%. The export of flat carbon rolled steel…
DetailsIn May 845 thousand tons of coke was delivered to Ukrainian metal companies, up by 4% MoM. In particular, Ukrainian coke reached 779 thousand tons, up by 4%, and imported – 66 thousand tons, up by 3%. In 5 months Ukrainian metal makers received 4.03 million tons of coke, down by 1% YoY. Deliveries of…
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