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This year, Dikt LLC intends to extract around 100 kg of gold at the Bolshoy Orel site in Amur region. Preparation work began on March 10. Alluvial season will start until May 1. Some 30 employees will work at the site with 9 bulldozers and 3 excavators. Last year, the output was 100 kg of…
DetailsIn 2020, Interpipe decreased its revenue by 25% YoY, to $841 million. Concorde Capital expects the EBITDA has decreased by 1%, to $257 million, due to the drop in the pipe segment by 85%, to $5 million, and in railroad products by 10%, to $171 million. The fall will be compensated for by a growth…
DetailsEnergomashspetsstal has completed another stage of producing a bulk reactor shell for the Akkuya nuclear power plant energy unit No. 3. The ingot weighing 415 tons was produced on March 2. The shell will be produced in Q3. The net weight of the shell will be 119.55 tons, diameter – 4.6 m and height –…
DetailsIn 2020, Ukrainian seaports transported 15.78 million tons of metal products in 2020, up by 8% YoY. Exports increased by 8%, to 15.32 million tons, and transit – by 11.9%, to 421.2 thousand tons. The main shipper was Metinvest – 10.68 million tons, up by 12.1%. Most of Metinvest metal (40.7%) is shipped via the…
DetailsDuring the COVID-19 year, Interpipe has spent 73.5 million UAH to protect its employees. The company helps buy equipment for Dnepr, Nikopol and Novomoskovsk hospitals. Interpipe has also bought 200 thousand facemasks and respirators for its employees, as well as 7.3 thousand liters of antiseptics and conducted over 16 thousand PCR-tests. (Ukrainian metal)
DetailsArcelorMittal Kryvyi Rih is deeply concerned with the misleading statements by SBU Head Ivan Bakanov regarding the company’s tax payments. The company has already provided the full and correct information to Bakanov in a letter, citing the tax and duties payments made over the past six years. The management of ArcelorMittal Kryvyi Rih hopes that…
DetailsOfficial launch of a gold processing plant took place at Jerooy mine on March 17. The Presidents of Kyrgyzstan Sadyr Japarov and Russia Vladimir Putin, as well as the head of the Alliance Group Musa Bazhaev and the Chairman of the Board of VTB Bank Andrey Kostin participated in the ceremony. The leader of Russia…
DetailsIn 2020, Velikoanadolskiy Refractory Works decreased net profit by 62.8% YoY, to 2.185 million UAH. The undistributed profit reached 53.019 million UAH. The shareholders will consider the issue of spending the profit on the development of the company at an annual meeting on April 21. The company was founded in 1993. (Ukrainian metal)
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