According to the strategic plan of the Ministry of Industry and Infrastructure Development of Kazakhstan for 2017-2021, the planned volume of coal extraction for 2019 is 107.1 million tons, the ministry reported. “The fuels and minerals base of Kazakhstan’s coal industry is sufficient enough and notwithstanding large volumes of extraction, the coal stockpiles are still…Details
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In January-June Bratsk Ferroalloys Works increased FS-75 ferrosilicon sales 2-fold YoY. The growth is due to the changes in sales structure: the demand for the 75% silicon content alloy on the foreign markets has significantly increased. 83% of the exports went to the countries of the Asian-Pacific region. (Ukrainian metal)Details
Nuclear Power Systems of Ukraine, a part of which belongs to the owner of the ATB retail network, has made considerable investments in the development of a uranium deposit. In 2017 the company received licenses from the State service of geology and subsoil of Ukraine to develop uranium ore deposits in Dniepropetrovsk and Nikolayev regions…Details
In January-June Vostochniy Mining and Processing Works decreased uranium oxide concentrate by 24.2% YoY, to 455.7 tons. In January the company produced 72.6 tons of concentrate, in February – 93.7 tons, in March – 84.3 tons, in April – 72.9 tons, in May – 52.2 tons and in June – 80 tons. In 2018 uranium…Details
Zlatoust Electrometallurgical Works intends to commission a new press-forge machine. This will be the second step in the modernization program, in the past two years. Previously ZEMZ has commissioned a site of the thermal roasting, having assembled 5 Bosio kilns there. The press-forge machine has arrived from Danieli, Italy. The machine is expected to be…Details
New Ore Company LLC, owning 15 licenses for the development of sites in the Far East, intends in 2021 to commission the Petukh ore occurrence in Magadan region, and in 2020 to start developing the Morozkinskoye deposit in the Republic of Sakha (Yakutia). Petukh reserves are estimated at 52 tons of gold with the possible…Details
Mednogorsk Copper-Sulfur Works has received a new railroad crane manufactured by the Kirov Machine-Building Works named after May 1. The cost of the machine is some 22 million rubles. The lifting capacity of the crane is 25 tons. Now the company has 4 units of lifting machinery. (Ukrainian metal)Details
In January-June Interpipe Nizhnedneprovsk Pipe-Rolling Plant increased net profit 2.1-fold YoY, to 1.918 billion UAH. Net income grew by 8.3%, to 7.639 billion UAH. Undistributed profit as of the end of the first half-year totaled 2.179 billion UAH. (Ukrainian metal)Details
In 2018 Rusal Armenal assets grew by 4% YoY, to 48.4 billion drams ($100.1 million), as opposed to the growth of 2.6% in 2017. The growth was mostly driven by the increase of the current assets – by 12.3%, to 20.1 billion drams ($41.6 million). Accounts receivable dropped by 90.6%, to 402.4 million drams ($0.832…Details
In January-June the sea trade port St. Petersburg transshipped 3.5 million tons of cargo, down by 7% YoY. Ferrous metals throughput dropped by 26%, to 1.5 million tons. The decrease is due to the drop of exports. At the same time non-ferrous metals throughput increased by 20%, to 0.705 million tons. Throughput of scrap remained…Details
In January-June Severstal Distribution increased metal sales by 13% YoY, to 1.3 million tons. 22% more rolled metal of Severstal Russian Steel has been sold via the distribution network. Sales to Russian customers increased by 25%, to 550 thousand tons. SIA Severstal Distribution sales to Northern, Central and Eastern Europe increased by 9%, to 650…Details
Chitageologorazvedka, a part of the state complex Rosgeologia, is finalizing prospecting work at the Darasun ore-alluvial district at the Zharcha-Talatuy site. The object with the size of 13.3 square km is situated in Zabaikalye region. During its operation the enterprise has found 4 mineralized zones with the expected reserves of R1 gold of at least…Details