In January-February, Khabarovsk region produced 1385.3 kg of gold, up by 4.8% YoY. Only companies developing ore gold deposits are operating at the moment. Alluvial gold extraction will start in May-June. (Ukrainian metal)
DetailsPetropavlovsk Plc has corrected an option agreement with Agestina Ltd (Cyprus) to buy 25% in TEMI LLC, which owns a license to develop the Elginskoye ore field. The amendments presuppose a fixed cost of new shares in the volume of £0.179 per share, with the pound sterling rate of $1.3206. This will allow Petropavlovsk decreasing…
DetailsIn 2019, Energomashspetsstal manufactured products worth 1.94 billion UAH. This year the company intends to sell 3.71 billion worth of products. The number of employees as of early 2020 totaled 1,437 people. Last year the company shipped 20 thousand tons of products to customers. The key clients were the Kudankulam NPP (India), Akkuyu NPP (Turkey)…
DetailsAccording to Alexei Agureyev, ArcelorMIttal Temirtau CEO advisor, the company is operating in normal mode. “In order to protect the health of our employees we have developed a plan of activities in crisis situations, which includes all possible scenarios. At present we have no problems with steel manufacture or coal and ore mining. The quarantine…
DetailsIn 2019, Uralelectromed received 199.7 million rubles of net profit, as opposed to a loss of over 807 million rubles in 2018. In 2017, the company profit was 1.3 billion rubles, and in 2016 – 2.8 billion rubles. Revenue in 2019 grew by 11%, to 46.27 billion rubles. Sales profit decreased 2-fold, to 753 million…
DetailsIn 2019, Kirov Non-Ferrous Metals Processing Works received 641.2 million rubles of net losses, up 4-fold YoY. Until 2017, the company was demonstrating profit. Thus, in 2016 it received 1030 million rubles of net profit. Revenue in 2019 totaled 8.77 billion rubles, down by 4% YoY. Sales profit grew 2-fold, to 107 million tons. (Ukrainian…
DetailsFor the past 6 years, Chelyabinsk Zinc Works has been receiving profit. In 2019, the net profit grew by 76%, to 3.39 billion rubles. Revenue dropped by 21%, to 26.55 billion rubles. Sales profit decreased by 26%, to 4.5 billion rubles. (Ukrainian metal)
DetailsArcelorMittal Kriviy Rih began intensive sanitization of its checkpoints and stop pavilions at the plant’s territory. Twice a day, the rescuers of the State Fire and Rescue Team No. 4 help to prevent the spread of COVID-19 infection among employees and contractors who work on the territory of the plant. The checkpoints and stop stations…
DetailsIn January-February, Ukraine produced 120.06 thousand tons of ferroalloys, down by 29.3% YoY. Nikopol and Zaporozhye Ferroalloy Plants (NZF and ZZF) decreased silicomanganese manufacture by 36.2%, to 88.73 thousand tons. NZF, ZZF and Kramatorsk Ferroalloys Plant (KFZ) increased ferromanganese output by 58.2%, to 19.93 thousand tons, with KFZ producing 9.6 thousand tons. Ferrosilicon manufacture decreased…
DetailsMoldova Iron and Steel Works has tightened measures to fight coronavirus. The company has quarantined employees with the most risk of catching the disease. Previously MMZ has sent 16 women with children and 129 employees older than 60 years on quarantine. From April 1, 80% of the personnel will be at home. Jobs have been…
DetailsDTEK Dobropolyeugol, Belozerskaya mine and Octyabrskaya Processing Factory suspend operation from April 1 due to a systemic crisis in the power industry of Ukraine, imports of electricity and coal and the constant intervention of politicians in the work of the sphere. “All this makes the stable operation of Ukrainian coal enterprises impossible”, DTEK Energo declared.…
DetailsThe construction readiness of the rolling mill that will make metal sheets and tinned iron in Miory district, Vitebsk region stands at 93%. The enterprise’s Director General Piotr Shimukovich made the statement while taking Prime Minister of Belarus Sergei Rumas on a tour of the construction site on March 27. The prime minister visited the…
DetailsIn 2019, Interpipe Nizhnedneprovsk Pipe Works increased net profit 3.5-fold YoY, to 3.652 billion UAH. Undistributed profit as of the end of the last year totaled 3.875 billion UAH. Current liabilities dropped by 22.2%, to 13.567 billion UAH, with fixed liabilities up 4.8-fold, to 2.46 billion UAH, and accounts receivable – by 0.2%, to 13.659…
DetailsIn January-February, Nikopol Ferroalloy Plant decreased output by 33.7% YoY, to 82.87 thousand tons. In particular, silicomanganese manufacture decreased by 35.2%, to 75.3 thousand tons, and ferromanganese – by 43.7%, to 3.53 thousand tons. At the same time, NZF increased other ferroalloys output by 59.1%, to 4.04 thousand tons. (Ukrainian metal)
DetailsIn January, Russia exported 7.4 thousand tons of secondary aluminum, down by 43% MoM, but up by 44% YoY. Price grew from $1443 to $1478 per ton. Deliveries to Japan dropped from 10.1 thousand tons to 5.7 thousand tons, and to Cyprus – more than 2-fold, to 527 tons. In 2019 exports totaled 118.2 thousand…
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