Krasnoturyinsk-Polymetal LLC wants to become a resident of the priority development are to construct a factory to process several types of polymetalic ores in Krasnoturyinsk. The construction is expected to start in Q3 2019, and the factory will be commissioned in late 2020. Investments in the project are planned on the level of 3 billion…Details
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Uralelectromed has started the final stage of preparing the construction site for the third stage of the copper electrolysis shop. The disassembly of the roof and metal structures of the old shop building is underway. Some 600 tons of metal structures have already been disassembled. The work is carried out according to the schedule, and…Details
The United Metallurgical Company and Belenergomash-BZEM LLC have concluded an agreement on joint deliveries of sheets, pipes, metal structures and pipeline joints to Rosatom. “We are opening a new page in our relations, and I am absolutely sure that the partnership will be the basis for the development of the two companies”, OMK board member,…Details
In October Cherepovets Iron and Steel Works shipped 501.4 thousand tons of metal to Russian customers and for exports, down by 3.2% YoY. In January-October sales reached 6.47 million tons, up by 3.9% YoY. Exports grew by 15.5% YoY, to 1.93 million tons, while domestic customers received 4.54 million tons, down by 0.3% YoY. (Ukrainian…Details
In October MMK shipped 949.5 thousand tons of metal via railroad abroad and to local customers, up by 7.4% YoY. In 10 months sales grew by 0.7% YoY, to 9 million tons. Russian customers received 5.8 million tons, up by 5.2%, and exports totaled 3.21 million tons, down by 6.4%. (Ukrainian metal)Details
In October NLMK rolled metal deliveries to Russian customers and abroad via railroad totaled 956.4 thousand tons. According to the railroad statistics, this is down by 17.4% YoY. In January-October NLMK shipped via railroad 10.55 million tons of metal, up by 0.3% YoY, with 3.54 million tons delivered to local customers, down by 4.2%, and…Details
Precious metal prices increased in Azerbaijan on November 22, according to the data published by the Central Bank. The price of gold went up by 9.7325 manats, to 2,085.22 manats per ounce on November 22 compared to the price on November 21. The price of silver grew by 0.3015 manats, to 24.6391 manats per ounce.…Details
Member of the Parliament, Bakyt Torobaev, asked the government to provide information on the activities of Kumtor gold mine at a meeting of Parliament. According to him, the Prime Minister spoke about new agreement with the Canadian company Centerra Gold Inc. Members of the Parliament know nothing about it. “How many funds are received, what…Details
Russia and South Africa have signed a roadmap for the implementation of joint projects on the market of platinum group metals, as well as agreement on exploration, extraction and processing of mineral resources until 2025. The Minister of Natural Resources and Environment Dmitry Kobylkin signed the documents. “Russia and South Africa, possessing rich reserves of…Details
This year SUEK (Siberian Coal Power Company) intends to mine some 5.92 million tons of coal in Zabaikalye region, up by 14.7% YoY. To reach this goal the company is constantly replacing and adding new mining and auxiliary machines. Last year the region yielded 21.3 million tons of coal, with SUEK accounting for 83%. (Ukrainian…Details
The Industrial-Metallurgical Complex (PMH) has renamed Krontif-Center into Sukremlsky Ironworks. The renaming does not result in the change of operations or staff. “The renaming returns the works its historical name. The brand of Sukremlsky casting has been known to the whole world for 3 centuries. The renaming will increase the brand awareness on the Russian…Details
Unecha Works of Refractory Metals will open a manufacture of tungsten and molybdenum oxides in the Bryansk region. At present molybdenum oxide is not produced in Russia. Under the project the Unecha Works will be provided with a loan of 500 million rubles. The manufacture will help decrease imports to 26%. (Ukrainian metal)Details
Zagorsky Pipe Works has shipped the first batch of welded pipe piles to Bangladesh. The batch comprised 320 tons of pipe piles and 180 tons of pipes. Under the contract ZTZ has to supply 10 thousand tons of pipe piles with the diameter of 630 and 1420 mm and 5 thousand tons of pipes with…Details