Russia: AGK constructing new horizon to mine copper at Chebachye

Aleksandrinskaya Mining and Ore Company has started preparing to develop the lowest, fifth horizon at the Chebachye mine. The fifth horizon is situated at the depth of 420 meters. Reserves amount to 700 thousand tons of ore. Mining is expected to start in 2022. At present the company is mining at three horizons at the…

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Russia: Mechel sales down in 2019

In 2019, following a large-scale reconstruction in the blast furnace and oxygen-converter shops, Chelyabinsk Iron and Steel Works decreased pig iron output by 8% and steel by 7% YoY. Bars sales dropped by 8%, while shapes grew by 2% and rails – by 15%. Mechel rails sales, without deliveries to RZD and for exports, increased…

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Ukraine: AMKR to help city fight against coronavirus

Mauro Longobardo, CEO of ArcelorMittal Kriviy Rih, has met with Yuriy Vilkul, mayor of Kriviy Rih, to discuss urgent measures to counteract against spreading of coronavirus in the city. Business is ready to help municipal authorities – upon results of the negotiations the company’s management took following decisions: – ArcelorMittal Kriviy Rih will buy three…

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Armenia: copper ore exports up in 2019

In 2019, Armenia increased the exports of copper ore by 32.3% YoY, to 562 thousand tons, as opposed to a drop of 13.2% in 2018. According to the Customs Service, in monetary terms exports grew by 19.2%, to $626.6 million. Copper ore was exported to Bulgaria (40.3%), Switzerland (29.8%), China (1.7%), as well as Georgia,…

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