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Razrez Tugnuisky in the Republic of Buryatia has commissioned BELAZ-75131 quarry dump trucks and a BELAZ-74131 towing vehicle. The machines were delivered in late 2019. The 130-ton BELAZs have replaced older models. The company fleet contains mostly machines with high lifting capacity – 130-ton BELAZ-75131 and 220-ton BELAZ 75306. (Ukrainian metal)
DetailsIn 2019 Yakovlevsky Mining and Processing Works increased ore output by 21% YoY, to 1.5 million tons. Under the investment campaign amounting to 5.4 billion rubles, the enterprise has bought over 100 unites of machines, including 4 self-propelled drilling machines, 9 heading machines, 6 loading and transporting machines, 2 locomotives, etc. Moreover, the company has…
DetailsThe Aluminum Association reported that the demand for aluminum packing materials on the domestic market grew by 20% YoY in 2019. Food containers, household foil and capsules for sparkling wine have demonstrated the largest growth – by 29%, 21% and 8% respectively. Following the growing demand Rusal has increased its portfolio of cans and caps…
DetailsPetropavlovsk Plc, which operates gold deposits in Russia, has analyzed a potential secondary public offering (SPO) on the Moscow Exchange. “Petropavlovsk notes recent press speculation regarding a dual listing on the Moscow Stock Exchange and can confirm that it has undertaken analysis of potential for a secondary listing in Moscow. In this respect, the company…
DetailsRussia’s production of unrefined, semi-refined or powdered gold rose by 8.1% YoY, but fell by 27.1% MoM in January, the Federal State Statistics Service said in a report. In 2019, gold production grew by 17% YoY. No absolute figures were disclosed. (Prime/Ukrainian metal)
DetailsIn 2019 the Metinvest Group paid 21.1 billion UAH of tax to budgets of all levels, down by 5% YoY. In particular, the profit tax totaled 7.7 billion UAH, down by a third. Moreover, the group has also paid 1.9 billion UAH for subsoil use (+28%), 4.2 billion UAH of social single payment (+36%) and…
DetailsArcelorMittal Kriviy Rih has started conducting hot tests of its new twin ladle furnace and continuous casting machine No. 2 At the same time the company is brining its CCM No. 3 to design capacity. The construction of two new twin ladle furnaces and CCMs Nos. 2 and 3 with the combined design capacity of…
DetailsUkrainian companies have almost exhausted their individual quota to supply rebars to the European Union till July 30. So far 154.87 thousand tons have been exported of the allowed amount of 157.78 thousand tons. Thus, the quota has been 98.15% fulfilled. Having exhausted their individual quota, Ukrainian companies could export rebars to EU via global…
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