Ukraine: Azovstal machinery modernized with the help of 3D-modelling

ASRZ LLC is modernizing electric filters of the gas-purifying machine at converters Nos. 1 and 2 of Azovstal Iron and Steel Works. The company produces metal structures, while Dneproenergostal supplies electric equipment. “To create parts and joints of the future filter body ASRZ has developed designs using 3D-models of the whole unit. 3D-modelling helps avoid…

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Russia: Kimkano-Sutarsky GOK ships 1.5 million tons of iron ore concentrate

As of early December Kimkano-Sutarsky Mining and Processing Works has shipped 1.5 million tons of iron ore concentrate since the start of operation in 2016. In January-September the works shipped 1.167 million tons. In Q3 the company produced 469.9 thousand tons of iron ore concentrate. At present, according to the company CEO Yuri Makarov, KSGOK…

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Russia: Natalka gets first Dore gold

Natalka Mining and Processing Works, the main new project of Polyus, has received the first batch of Dore gold. The company is testing the new machinery. Polyus expects the project to reach full capacity by late 2018. Natalka gold-extracting factory with the capacity of 10 million tons of ore is the largest in Russia. It…

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Russia: S&P improves TMK rating

S&P Global Ratings has improved the TMK rating to the Stable. The agency has also confirmed the company long-term ratings in foreign and local currency on the level of B+. “The Stable forecast shows our expectation of the company to continue making efforts to decrease the share of loan funds”, the agency said. According to…

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