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Subsidiaries of the United Mining and Chemical Company have concluded two agreements with Energy Trade Group LLC on the delivery of gas valued at 280.04 million UAH. In particular, Volnogorsk Mining and Processing Works ordered 16.8 million cubic meters of gas at 11.750 thousand UAH per 1 thousand cubic meters with the payment within 4…
DetailsIn 2018 Ukraine decreased scrap exports by 33% YoY, to 327.547 thousand tons, valued at $105.646 million, down by 13.3%. According to the State Fiscal Service, in December 2018 Ukraine exported 7.488 thousand tons of scrap, in November – 3.863 thousand tons, in October – 8.274 thousand tons, in September – 7.59 thousand tons, in…
DetailsIn 2018 Yuzhniy Mining and Processing Works decreased concentrate output by 0.2% YoY, to 12.247 million tons. According to the company press-service, sinter manufacture dropped by 6.04%, to 1.746 million tons. In December 2018 UGOK produced 986.3 thousand tons of concentrate and 195 thousand tons of sinter, up by 8.6% and by 46.07% YoY respectively.…
DetailsPrecious metal prices increased in Azerbaijan. The price of gold grew by 23.171 manats, to 2,202.8515 manats per ounce on January 10 compared to the price on January 9. The price of silver went up by 0.2096 manats, to 26.772 manats per ounce. The price of platinum increased by 6.4345 manats, to 1,405.492 manats and…
DetailsRosterminalugol JSC, operator of Russia’s largest dedicated coal port (run by Port Management Company, PMC LLC), shipped 19.9 million tons of export coal in 2018, up by 5% from the target. The company handled 288 vessels with average shipload of 69,149 tons and unloaded 276,297 railcars. According to the statement, the high results were achieved…
DetailsIn 2018 Ukrzaliznytsia transported over 273 thousand cargo cars with iron ore raw materials to the western border of Ukraine, up by 3% YoY. According to the acting chairman of Ukrzaliznytsia Yevgeniy Kravtsov, transportation volumes depend not only on the availability of the rolling stock, but also on the operation of all parties of the…
DetailsCo-owner of the ATB, a major retail network, Gennadiy Butkevich has become a major owner of the Nuclear Energy Systems of Ukraine LLC, which in 2017 obtained a right to develop 4 uranium deposits. Butkevich now owns 83.4% in the company. NESU has the licenses to develop Safonovskaya and Mikhailovskaya uranium fields in Nikolayev region,…
DetailsAs of December 1, 2018 the salary debt to state miners was over 196 million UAH. The total indebtedness was 234.7 million UAH, up by 84.1 million UAH since the start of the year. Recently the Kurakhovskaya mine employees have announced a hunger strike because of non-payment of salary. (Ukrainian metal)
DetailsHunger strikes at Selidovugol mines have been going for a week already. The Kurakhovskaya mine employees have been joined by another laboratory worker. While some other laboratory employees are not striking, they nevertheless refuse to work, until they are paid salary for the past 4 months. The strikes began on January 2. On January 4…
DetailsThe State Expertise Service has approved the project to construct a mine at the Yubileynoye deposit. It is expected that 78,399 cubic meters of rock will be in development for 7 years. The reserves of the deposit are over 100 million tons of copper ore. At present Bashkirskaya Med LLC is developing some parts of…
DetailsOTP Bank has sold the rights to demand teh return of the problem loan from Interpipe with a discount of up to 80%. The loan of $10 million was provided in 2013. Lately the company has not been servicing the debt in full. (Ukrainian metal)
DetailsAn employee of ArcelorMittal Kriviy Rih has perished as a result of the falling under the wheels of a BelAZ. According to the press-service, the department of the National police in Kriviy Rih has started an investigation under the clause of the labor safety violation. (Ukrainian metal)
DetailsLast year Dneprovsky Iron and Steel Works decreased rolled metal output by 1.4% YoY, to 789 thousand tons. Steel manufacture grew by 0.4%, to 921 thousand tons, while pig iron dropped by 12.4%, to 892 thousand tons. In December 2018 the company produced 81 thousand tons of rolled metal, 93 thousand tons of steel and…
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