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Kyrgyzstan spends up to 12 million soms on protection of uranium tailings annually, the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov announced at a meeting of the Committee on Fuel and Energy Complex and Subsoil Use. According to him, international organizations allocate funds for reclamation of uranium waste. “We allocate money from the budget…
Details“No new land was allocated to Kumtor for geological exploration. At least 16,000 hectares were allocated back in 1994 and 1997,” Karybek Ibraev, Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan, announced. According to him, the territory of Sarychat-Ertash nature reserve is clearly set by a government decree. The…
DetailsAs the previous Energomashspetsstal certificate expired on August 25, TUV Thuringen issued a new certificate of the company quality management system correspondence to ISO 9001:2015. EMSS switched to the ISO certification in 2017. The decision to issue the new certificate has been taken following the successful re-certification audit. (Ukrainian metal)
DetailsIn June Russia imported 104.3 tons of raw tin, up by 27.6% MoM, but down by 16% YoY. After a 2-fold drop of deliveries from China in May they increased to 31 tons in June. Imports from Estonia went up by a third, to 61 tons. In 6 months raw tin imports totaled 500.9 tons,…
DetailsIn June Russia exported 211.1 tons of flat rolled copper, up by 20% MoM and by 6% YoY. Deliveries to Belarus grew 1.5-fold, to 124 tons, and to Ukraine – insignificantly to 51 tons. In 6 months flat copper exports totaled 1.3 thousand tons, up by 8.7% YoY. In monetary terms since the start of…
DetailsKorolevsky Pipe Works (Moscow region) will expand its product portfolio. Already in September the company will start producing electric welded section pipes with the size of 100×40 mm and wall thickness of 2 to 5 mm. The company will also manufacture electric welded round pipes with the diameter of 120 mm and the wall thickness…
DetailsRussian metals holding Metalloinvest plans to invest more than 12 billion rubles in a second stage of ore concentrate quality improvement at Mikhailovsky GOK mining and processing plant, the company said in a statement. The company invested 1.2 billion rubles in the first stage of improvement, under which Metalloinvest launched fine screening equipment from Derrick…
DetailsIn August Ukraine produced over 2.4 million tons of coal, which was 13% less than planned. This was reported by the Coal Miners Union of Ukraine with a reference to the data provided by the Energy and Coal Industry Ministry. “In August coal mining enterprises of Ukraine of all forms of ownership produced 2,417,413 tons…
DetailsRatings agency ICRA has revised its outlook on the long term rating for JSW Steel from Stable to Negative based on the fall in profits on the back of low steel prices as well as weakness in domestic demand, JSW Steel said in a stock exchange filing ” ICRA has reaffirmed long-term rating to [ICRA]AA…
DetailsChina's iron ore futures jumped 6% on Monday to a two-week high, logging a third straight session of gain, fuelled by robust short-term demand after Beijing vowed to provide more support for the country's economy. China's cabinet, the State Council, on Saturday pledged to beef up investment in infrastructure projects and regional development to support…
DetailsExport prices for Chinese wire rod continued to drop over the past week, with mills looking to secure more orders from abroad amid subdued domestic demand. Fastmarkets’ weekly price assessment for October/November shipments of steel wire rod (mesh quality) export, fob China main port was $485 per tonne fob on Tuesday September 4, narrowing downward…
DetailsPTI reported that the BJP government in Karnataka will examine and take a decision on the previous coalition government’s proposal regarding the sale of 3,667 acres to JSW Steel at Ballari. Minister for Large & Medium Scale Industries Jagadish Shettar said “I will look into it and discuss with officials regarding it. Did they do…
DetailsThe seaborne high-grade manganese ore index fell in the week to August 30, while the low-grade ore market consolidated after falling heavily in the previous week. Seaborne high-grade manganese ore index in China drops Seaborne low-grade cif and fob ore prices range bound Port ore prices drop to encourage buying interest Alloys slide in China,…
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