Evraz ZSMK has confirmed its certificate for OR50 NT260 switch rails. The representatives of the Russian Railroads together with the company specialists have checked the rails. Evraz ZSMK is the only company in Russia to produce such rails. (Ukrainian metal)Details
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GV Gold has won an auction for geological exploration and development of ore gold on the Ergelyakh block in the republic of Yakutia, the company said in a statement. Ergelyakh is located 30 kilometers off the Drazhnoye deposit of GV Gold’s Tarynsky ore-enrichment plant. Ergelyakh’s forecasted ore gold resources stand at 0.12 tons under the…Details
In July-December 2018, Coal Energy S. A. decreased net losses by 15.1% YoY, to $7.31 million. Income grew by 32.2%, to $6.96 million and EBITDA – by 55.1%, to $1.22 million. Coal mining increased by 27.8%, to 70.3 thousand tons, including 68.3 thousand tons of coking coal, up by 39.7%. Sales growth was 19.5%, to…Details
A draft decree has been registered in the Verkhovna Rada. It presupposes canceling the voted draft decree on the increase of scrap export duty from 42 euro to 58 euro per ton. According to the accompanying note, because of the implementation of this decree, the balance of interests of all participants will be lost, and…Details
The warehouse complex of ChTPZ has supplied 174 tons of large diameter pipes for the construction of a bridge over the Ob River. The pipes for the Novosibirsk bridge were produced at the Chelyabinsk Pipe Rolling Plant. The batch comprised electric-welded pipes with the diameter of 530 to 1220 mm and the wall thickness of…Details
Uralelectromed has started preparations to laying the foundation for the third stage of the copper electrolysis shop. All the foundation work is expected to be completed in June 2020. The new site will house one circulation system consisting of 224 electrolysis baths with auxiliary equipment. (Ukrainian metal)Details
In order to create safe labor conditions Russian Copper Company enterprises gradually implement the integrated management system according to ISO 14001:2015 and OHSAS 18001:2007. In February Karabashmed passed the first supervisory audit of the systems. The certificates were received in June 2018. (Ukrainian metal)Details
In 2018 ChTPZ net profit grew 1.9-fold YoY, to 7.7 billion rubles. Sales revenue increased by 13%, to 178.84 billion rubles, and gross profit – by 17.9%, to 44.29 billion rubles. The product prime cost went up by 11.5%, to 134.56 billion rubles. The company fixed liabilities dropped by 5.3%, to 74.2 billion rubles. (Ukrainian…Details
Vostochniy Mining and Processing Works has announced an auction to buy black oil with the expected cost of 20.19 million UAH. This year for its Ingulskaya and Novokonstantinovskaya mines in Kirovograd region the company intends to order 1230 tons of M-100 black oil valued at 16411 UAH per ton. Only two companies were allowed for…Details
Chairman of the Board of Kyrgyzaltyn Almaz Alimbekov said how the company was saved from bankruptcy. – There is lot of criticism of Kyrgyzaltyn. How difficult is the situation in the company? – There are only two deposits in the structure of Kyrgyzaltyn OJSC now – Makmal and Solton-Sary. Reserves of both are depleted. We…Details
The state enterprise Lvivugol has concluded an agreement with Corum Trading LLC on the purchase of mining machinery valued at 107.4 million UAH. According to the agreement, the state enterprise will buy a CLS450 heading machine for 45 million UAH and an armored conveyer for 62.5 million UAH. The machinery will be operating at the…Details
In February ArcelorMittal Kriviy Rih received the most of VAT returns – 1.342 billion UAH, up almost 2-fold MoM (723.6 million UAH). According to the State Treasury Service, Mariupol Ilyich Iron and Steel Works and Azovstal were among the top-3 VAT receivers with 1.108 billion UAH and 987.8 million UAH respectively (1.013 billion and 1.032…Details