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Metinvest, an international vertically integrated mining and metallurgical group of companies, will act as the general partner of the international forum “Decarbonization of the Steel Industry: a Challenge for Ukraine,” which will be held in Kyiv on July 14. According to the company’s press release, an event on the topic that has been discussed by…
DetailsThe State Service of Geology and Subsoil of Ukraine has held a repeated auction to sell special licenses for the land plot of the Zalesy-Shmenki ore field with copper ore reserves in Volyn region. The size of the land plot is 2337 ha. Copper reserves are estimated at 95 thousand tons. The Symbol foundry has…
DetailsMetinvest intends to stop producing steel using open-hearth furnaces operating at Zaporizhstal. “I think, when our pollution allowances expire, we will shut down these furnaces”, Metinvest CEO Yuri Ryzhenkov has said. After that Zaporizhstal will remain a pig iron enterprise to be shut down in due time, or electric arc manufacture will have to be…
DetailsIn January-May, Chukotka yielded 43.7 tons of silver, up by 7% YoY. 4 enterprises produce silver in the region. The Chukotskaya Mining and Geological Company (ChGGK) is operating at the Kupol gold and silver deposit. Severnoye Zoloto LLC is operating at the Dvoynoye gold and silver deposit, Rudnik Valunistiy LLC owns a license for the…
DetailsSince the start of the year, Ukrzaliznytsia has successfully held 43 auctions to sell scrap in the Prozorro.Sales system. During auctions UZ generated 1.185 billion UAH of additional income. The company sold 1.03 billion UAH worth of ferrous scrap and 151.6 million UAH worth of non-ferrous scrap. Recently during 12 auctions the company has sold…
DetailsIn January-April, Severniy Mining and Processing Works increased pellets output by 21.2% YoY, to 2.28 million tons. Iron ore concentrate manufacture grew by 2.1%, to 4.32 million tons. In April, SevGOK produced 460 thousand tons of pellets and 1.1 million tons of concentrate. (Ukrainian metal)
DetailsElconskiy Mining and Processing Works, a part of the ARMZ uranium holding, intends to start mining gold at the Severnoye deposit of uranium in Yakutia. The plant has announced an auction for excavation works with the highest price of 750 million rubles. Excavation work will amount to 866 cubic meters. The work has to be…
DetailsThe state enterprise Yuzhniy Sea Trade Port has almost ceased handling Ferrexpo ore. “We efficiently cooperated with Ferrexpo. Last year, we agreed to increase exports of pellets. But now we do not handle their projects. That’s another step to diversify cargoes”, the port acting CEO Alexander Oleynik said. In January-May, Ferrexpo decreased deliveries to the…
DetailsIn January-May, Ukraine exported 262.04 thousand tons of titanium-containing ore and concentrate valued at $67.4 million, up by 5% and by 11.8% YoY respectively. According to the State Customs Service, in May export dropped by 15.3%, to 32.4 thousand tons, valued at $9.4 million, down by 18.8%. The main customers were China (24.4%), Russia (15.3%)…
DetailsSince the start of the year, Magadan region has extracted 14.2 tons of gold, up by 1.2 tons YoY. Silver output decreased by 4.1 tons, to 248.4 tons. The Tenkinskiy district was the largest supplier of ore gold with 9.5 tons. The Omsukhanskiy district yielded the most silver – 229.4 tons. (Ukrainian metal)
DetailsIn June, Ukrzaliznytsia intends to sell 30.3 thousand tons of ferrous scrap and receive at least 187.5 million UAH. Auctions are scheduled for June 25 in the Prozorro.Sales electronic system. On June 7, Ukrzaliznytsia intended to sell almost 2 thousand tons of non-ferrous scrap for 145 million UAH. Since the start of the year, the…
DetailsIn January-May, Ukraine decreased iron ore raw materials exports by 1.8% YoY, to 18.536 million tons valued at $3.132 billion, up 2.1-fold. According to the State Customs Service, the main customers were China (45.44% in monetary terms), the Czech Republic (9.41%) and Austria (8.36%). In 5 months, Ukraine imported 1.13 million tons of iron ore…
DetailsIn 2021, Yuzhniy Mining and Processing Works intends to invest 5 billion UAH in its development. The main funds will be directed to increase output capacity, improve product quality and modernize machine fleet. In particular, UGOK will spend 3 billion UAH on the modernization of the processing capacities. It will repair 4 technological sections at…
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