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In June, Sukha Balka commissioned two new blocks of iron ore at both mines of the enterprise. Combined reserves amount to 157 thousand tons. In particular, at the mine named after Frunze the block 45-51 at the depth of 1210 meters was commissioned. Its reserves amount to 30 thousand tons, enough for 3 months of…
DetailsIn January-June, Ukraine exported 888.016 thousand tons of semi-finished carbon steel products, up by 61.6% YoY. According to the State Customs Service, in monetary terms exports increased by 47.3%, to $439.9 million. The main customers were Bulgaria (35.49% in monetary terms), Poland (11.74%) and Italy (8.56%). In January-June, Ukraine imported 5 tons of semis valued…
DetailsDuring his trip to China, Prime Minister Akylbek Zhaparov has discussed lithium extraction and construction of lithium carbonate manufacture with the management of Zhicun Lithium. The company is one of the major manufacturers of lithium products in China. The company is actively developing the Central Asian direction. In July 2023, it launched the first stage…
DetailsIn January-June, Ukraine exported 24.2 thousand tons of ferroalloys, down 11.4-fold YoY. According to the State Customs Service, in monetary terms exports have decreased 8.2-fold, to $29.34 million. The main customers were Poland (30.5% in monetary terms), Turkiye (22.13%) and Romania (13.2%). In January-June, Ukraine imported 54.93 thousand tons of ferroalloys, up 14.3-fold, valued at…
DetailsIn January-June, Ukraine increased revenue from the exports of ferrous metals by 3.6% YoY, to $1.46 billion. According to the State Customs Service, ferrous metals accounted for 7.5% of all export revenue, up from 7.3% in H2 2023. In June, revenue decreased by 4.9% MoM. Ferrous metals exports dynamics has been falling since the start…
DetailsTo control the activities of mining companies, the State Committee for National Security of Kyrgyzstan (SCNS) initiated creation of the state enterprise Jalal-Abad ken Bailyktary. Within the framework of the criminal cases under investigation initiated under articles 298 “Violation of environmental protection rules during the performance of work” and 337 “Abuse of official position” of…
DetailsFollowing the Russian attack on the Severniy Mining and Processing Works, 10 people were killed and more than 30 were injured. Early on July 8, a Russian missile hit a SevGOK administration building in Kriviy Rih. A canteen hall was damaged. All the injured were immediately taken to the hospital. (Ukrainian metal)
DetailsGlencore Plc has abandoned plans to sell its share in Kazzinc, having not received an adequate offer. Glencore intended to leave the business where it owned 70% of shares with the Chinese companies demonstrating interest. In 2023, Kazzinc produced 173.9 thousand tons of zinc, 35.6 thousand tons of lead, 14.8 thousand tons of copper and…
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