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Evraz has chosen the Titanium Valley special economic zone in Sverdlovsk region as a site for manufacture of railroad wheels. Evraz and Rail Service joint venture Allegro will manage the construction and the manufacture. Investments are estimated at 16 billion rubles. The capacity of the new shop will be 200 thousand railroad wheels per year…
DetailsA new CAT 390 FL excavator has started operating at the Ametistovoye Mining and Processing Works. It will increase rock mining by 20%. Zoloto Kamchatki has also purchased 9 new dump-trucks, including BELAZ quarry trucks. The company has 11 licenses to develop deposits with the combined reserves of 12.5 million troy ounces of gold. (Ukrainian…
DetailsNLMK Group, a global steel company, has launched a “virtual assistant” pilot: a digital service for real-time interaction with suppliers and optimization of standard supply chain operations. The virtual assistant, powered by QUBO dialogue system, is a chat-bot integrated in the corporate website. The assistant replies to questions received from suppliers about participation in procurement…
DetailsAbout 200 miners have been on strike in Tkibuli, western Georgia since March 13, demanding better working conditions and the pay for missed days. “We refuse to work in the mine, as the conditions are incompatible with our health and lives,” say the miners. Miners said that five of them were poisoned by gas that…
DetailsIn January, Russia imported 13.6 thousand tons of ferrosilicomanganese, down by 4% MoM, but up by 9% YoY. Price dropped by 3%, to $921 per ton. Deliveries from Georgia increased by 39%, to 7.7 thousand tons, but from Kazakhstan went down by 29%, to 5.1 thousand tons, and from Norway – by 44%, to 835…
DetailsIn January-February, Irkutsk region extracted 2732.5 kg of gold, up by 17% YoY. At present only ore gold is mined. Thus, Polyus Verninskoye has extracted 1439.9 kg of gold, Vysochaishiy – 724.6 kg, Ugakhan – 409.6 kg and Druza LLC – 158.4 kg. Alluvial season will start in June. This year, some 30 enterprises will…
DetailsConstruction of the mining and processing plant on the basis of the Udokan copper deposit is the largest investment project in Zabaikalye region and one of the largest in the Far East. The Udokan deposit with the reserves of 26.7 million tons of copper is one of the largest in Russia. The plant will be…
DetailsIn 2019 Severstal with the help of large investment projects, in particular, the national project Ecologiya, decreased air pollution at Cherepovets Iron and Steel Works almost by 23 thousand tons, or by 7.7%. Investments in the project totaled 5.8 billion rubles. The project consisted of 15 stages with the expected pollution decrease of over 30…
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