Ukraine: YASNO finishes energy-servicing contract at CGOK 9 months earlier

YASNO has finished energy-servicing contract at the Central Mining and Processing Works 9 months earlier and transferred energy-saving equipment to the customer. 12 frequency converters, assembled at the ore-processing factory, have decreased energy consumption by 48.4%. In three years of operation this amounted to 9.2 million kW-h of electricity valued at 6.7 million UAH. The…

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Kazakhstan: gold output up in H1 2020

In January-June, Kazakhstan extracted 11.4 million tons of gold-containing ore, down by 3% YoY. The mining of gold-containing concentrate amounted to 198.5 thousand tons. Production of raw and semi-raw gold, as well as gold powder grew by 11.2%, to 53.5 tons. Refined gold manufacture totaled 30.4 tons. Tau-Ken Samruk produced 7 tons of gold. This…

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Ukraine: AMKR to buy electricity directly from NPPs

ArcelorMittal Kriviy Rih CEO Mauro Longobardo declared that he was mulling the possibility of buying electricity directly from nuclear power plants. According to him, recently it has become clear, that electricity tariffs in Ukraine are higher than in Europe. “Now we buy electricity from traders following auctions. But there have been some shifts on behalf…

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Ukraine: PFK to increase nickel and copper output

Solway Investment Group, owner of he Pobuzhye Ferronickel Plant LLC, intends to increase nickel, copper and other non-ferrous metals output following the growth of demand. Historically the group has been focused on the manufacture of base/non-ferrous metals, the basis of infrastructure, construction and electrification development (copper, aluminum, zinc and nickel). “At present we are one…

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