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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…
DetailsIn January-June, Ukraine produced 160.1 thousand tons of metal structures, down by 30.7% YoY. According to the State Statistics Service, the manufacture of prefabricated construction structures of pig iron and steel decreased by 25.8%, to 18.9 thousand tons. The output of structures made of sheet metal dropped by 14.5%, to 50.4 thousand tons. Ukraine also…
DetailsIn 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…
DetailsArcelorMittal 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…
DetailsSolway 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…
DetailsIn January-June, Chukotka extracted 11.5 tons of gold, up by 6.7% YoY. Chukotskaya Mining and Geological Company extracted the most gold – 5.2 tons, as well as 42.8 tons of silver. Rudnik Valunistiy has extracted 588.1 kg of gold and 5.7 tons of silver, while Mayskoye deposit yielded 2.4 tons of gold. Severnoye Zoloto LLC…
DetailsIn January-June, Ismail Seaport decreased export transportation of iron ore by 30.2% YoY, to 1.19 million tons. This is the worst half-year result since 2014. Since then, iron ore transportation has been growing each year. In 2019, exports decreased by 13.9%, to 2 million tons, due to the decrease of demand in Europe. At the…
DetailsIn June, Ukraine increased steel output by 9% YoY, to 1.809 million tons, having retained the 13th place in the ranking of 64 main steel manufacturers, compiled by Worldsteel. China remains the undisputed leader with 91.579 million tons produced, up by 4.5%. In June, all the 64 countries produced 148.295 million tons, down by 7%…
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