Current composition of the government of Kyrgyzstan has not issued a single prospecting license, the First Deputy Prime Minister Kubatbek Boronov announced at the meeting of the Parliament. According to him, many protesters against the development of deposits say they do not believe the decisions of the government. “This decision was made precisely because the…Details
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In March, Russia produced 5.79 million tons of steel, down by 6.9% YoY. In 3 months output totaled 16.81 million tons, down by 5.3% YoY. Ukraine, though no longer a part of CIS, increased output in March by 15%, to 1.968 million tons, with 5.507 million tons produced in 3 months, up by 4.6%. Kazakhstan…Details
At present, work on issued uranium exploration licenses in Kyrgyzstan is not carried out in full, Emil Osmonbetov, Chairman of the State Committee for Industry, Energy and Subsoil Use, said at a meeting of the Parliament. The First Deputy Prime Minister Kubatbek Boronov said that, according to updated data, 18 licenses for prospecting and exploration…Details
Zaporizhstal has successfully passed a re-certification audit and received a certificate of the correspondence to provide railroad transportation services. The specialists have inspected the systemic work of the company to replace rolling stock, provide for safety at all the stages of the transportation process and advanced training of the personnel. Since 2017, Zaporizhstal has been…Details
Law on biosphere zone of Issyk-Kul lake is not violated because of uranium exploration at Tash-Bulak deposit, Head of the State Agency for Environmental Protection and Forestry, Abdykalyk Rustamov, said at a meeting of the Parliament. According to him, Kyzyl-Ompol group of uranium deposits is located in the rehabilitation zone of Issyk-Kul biosphere territory. The…Details
In April, Ukraine produced 1.98 million tons of steel, up by 0.8% MoM. Pig iron manufacture grew by 2.1%, to 1.87 million tons, while that of rolled metal dropped by 1.7%, to 1.67 million tons. In January-April, Ukraine produced 7.08 million tons of pig iron, 7.49 million tons of steel and 6.43 million tons of…Details
A rally against uranium mining took place in Karakol city, a human rights activist Kamil Ruziev reported. According to him, the protest was held at the city stadium. “About 100 people participated in it. Our main demand is to stop mining and development of uranium. We indicated our demand in the resolution,” said Kamil Ruziev.…Details
In 2018 the Central Mining and Processing Works received 2.254 billion UAH of net profit, down by 16.8% YoY. Net income grew by 5.7%, to 11.338 billion UAH. Undistributed profit as of late 2018 totaled 5.788 billion UAH. EBITDA decreased by 22.3%, to 2.568 billion UAH. (Ukrainian metal)Details
In 2018 Panteleymonovka Refractory Works was idle, as in 2016-2017 due to being situated in the military operations zone on the Ukraine-uncontrolled territory. Last year the company received 1.801 million UAH of net profit as opposed to 1.813 million UAH of net losses in 2017. The average number of employees last year was 55 people,…Details
“YurAsia company obtained a license for prospecting only, and now the company does not have permits for development,” the First Deputy Prime Minister of Kyrgyzstan Kubatbek Boronov said at a meeting of the Parliament. Members of the Parliament heard the information of the government on measures to ensure radiation safety of the population of Kyrgyzstan.…Details
In 2018 three mining and processing works of the Metinvest Group received the consolidated net profit of 15.8 billion UAH. In particular, Ingulets Mining and Processing Works received 5.3 billion UAH of net profit, down by 11.9% YoY. Its net income grew by 19.1%, to 18.7 billion UAH. Severny GOK increased net profit by 5.4%,…Details
In 2018 Ceramet received 2.167 million UAH of net profit as opposed to the net loss of 48.265 million UAH in 2017. The company net income grew by 13.7%, to 1.092 billion UAH. This year Ceramet intends to increase scrap sales to 1 million tons, and shavings briquettes – to 50 thousand tons. Last year…Details
In January-March, Metinvest produced 1.941 million tons of steel, up by 6% YoY. In particular, Mariupol Ilyich Iron and Steel Works produced 154 thousand tons and Azovstal – 62 thousand tons. The increase is due to the absence of capital repairs of converters and the commissioning of the continuous casting machine. Pig iron output dropped…Details