Ukraine: coke output down in H1 2017

In January-June Ukraine produced 5.037 million tons of bulk coke, down by 22.5% YoY. In particular Avdiivka Coke and Chemical Works decreased output from 1.468 million tons to 1.272 million tons, Alchevsk Coke and Chemical Works – from 900 thousand tons to 125 thousand tons, Makeevkoks – from 503 thousand tons to 127 thousand tons,…

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Russia: RUSAL suggests supporting industrial power consumers

Vladislav Solovyov, CEO of UC RUSAL, has suggested Economic Development Minister Maxim Oreshkin study a support program for large industrial power consumers that will stimulate industrial production and boost the gross domestic product (GDP). According to Solovyov’s calculations, industrial consumers pay for excessive power generation, grid capacities, and many types of cross-subsidization with the payments…

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Ukraine: Ogneupornerud fires CEO

The supervisory board of Ogneupornerud, controlled by the System Capital Management through its daughter company UMG, has fired the company director Evgeny Tsimarman. The decision on resignation was taken on June 26. Tsimarman’s office expired on June 30. The vacant position of the CEO has been taken by the chief engineer of Druzhkovka Mine Group,…

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Kyrgyzstan: government considering possibility of gold mining near Natural Park

Prime Minister Sooronbai Jeenbekov got acquainted with the possibility of developing a gold deposit in the section “Kyldoo” in Toguz-Torou district of Jalal-Abad region near the State Natural Park “Saimaluu-Tash”, the information department of the government reported. According to it, the need for gold mining in the mine arose in connection with the depletion of…

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