Ukraine: Pinchuk gets elite real estate in London for Krivoy Rog Iron Ore Combine

Victor Pinchuk has received elite real estate in London from Igor Kolomoyskiy and Gennady Bogolyubov within an amicable settlement of the court process on Krivoy Rog Iron Ore Industrial Combine. Pinchuk accused Kolomoyskiy and Bogolyubov of the breach of agreements while privatizing the plant and demanded $2 billion. He claimed that in mid-2000s gave the…

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Russia: Nornickel preliminary consolidated production results for Q3 and 9 months of 2017

PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the third quarter and nine months of 2017. First Vice-President — Chief Operating Officer, Sergey Dyachenko commented on the production results: “In Q3 our nickel production increased by 10%, as Talnakh Concentrator reached its design…

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Russia: Karelsky Okatysh puts new excavator in operation

Karelsky Okatysh has put in operation the fourth EKG-20KM excavator.

The first two excavators have been operating at the Central and South quarries for over a year already.

The third excavator was put in operation in August. (Ukrainian metal)

Ukraine: Donetsk Iron and Steel Works manufacture stopped

In early November Donetsk Iron and Steel Works, situated in the temporarily occupied region, stopped operating because of the lack of funds.

The money provided by the managing company Vneshtorgservice LLC was used to buy fuel, raw materials, machinery, etc.

In June the works was shut down because of the absence of fuel. (Ukrainian metal)