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Average retail coal prices in three weeks of November grew by 140.16 soms per ton, or by 3.1%, compared to the October price, the National Statistical Committee of Kyrgyzstan revealed. This is due to worsening of weather conditions and increased demand. As of November 21 the maximum average coal prices were registered in Kara-Suu (8,485.28…
DetailsVerkhnyaya Salda Iron and Steel Works plans to start producing granulated pig iron on the basis of the Titanium Valley Special Economic Zone. Investments are estimated at 1.1 billion rubles. “In late 2020 – early 2021 a new enterprise will be created to produce high-purity granulated pig iron. Its capacity will total 40 thousand tons…
DetailsIn January-October Kazakhstan mined 92.8 million tons of coal and lignite valued at 289.5 billion tenge, down by 2.5% and by 2.8% YoY respectively. The output of coal dropped by 2.5%, to 84.8 million tons, and lignite – by 8.2%, to 4.3 million tons. At the same time the manufacture of coal concentrate grew by…
DetailsOmolonskaya Gold Ore Company, a part of Polymetal, intends to switch to solar energy. The project will be carried out at the Kubak Mining and Processing Works in Magadan region. The plant with the capacity of 2.5 MW will be commissioned in 2021. Estimated cost of the project is 300 million rubles. In spring Polymetal…
DetailsIn January-September Ukraine produced 101 thousand tons of metal structures, up by 6% YoY. The share of enterprises with the output of more than 5 thousand tons has grown. At the same time the number of enterprises with the output below 2 thousand tons has decreased. More than half of the companies demonstrated an increase…
DetailsAvdiivka Coke and Chemical Works has repaired the surgery and traumatology department of a local hospital, which now services also people from the nearby villages. The hospital was destroyed by shelling from the Russia-supported terrorists, and the doctors had to move to an old smaller building. Now they have returned to renewed premises. Avdiivka Coke…
DetailsIn January-September consumption of metal structures in Ukraine grew by 3.16% YoY, to 98 thousand tons. Output in the non-housing construction segment increased the most – by 50.5%, to $1.22 billion. Construction companies account for 80% of local demand for metal structures. (Ukrainian metal)
DetailsVEB.RF has provided the first tranche to finance development of the design documentation on the Tomtor rare-earth metals deposit. The loan agreements between VEB.RF, Vostoc Engineering and Krasnokamensk Hydrometallurgical Works were concluded in September. The total amount of the loan is 1.5 billion rubles. The Tomtor deposit is situated in the Republic of Sakha and…
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