Mining deposits are offered to business for privatization in addition to other state-owned assets offered through the program “100 Investment Offers for Business”. Within the framework of the program, mineral resource deposits are selected from around different regions of Georgia and are sold at e-auction. As of now, the number of mining licenses listed on…
DetailsMinister of Agriculture and Environmental Protection Levan Davitashvili and head of parliament’s Environmental Protection Committee, Nino Tsilosani have visited the gold mining company RMG Gold and Copper in the village of Kazreti, Kvemo Kartli region, to check how the company met its obligation to decrease pollution. The Dutch Rich Metals Group, which owns RMG Gold…
DetailsLermontovsky Mining and Processing Works, a town-building enterprise of a remote settlement of Svetlogorye, has partially suspended operation to decrease heating expenses and stock raw materials for the processing factory. 80% employees are laid up until mid-April. The company has been laying up its employees for several winters in a row, paying two thirds of…
DetailsIn late January Ukrzaliznytsia sold 21 lots of metal scrap with the combined weight of 51.1 thousand tons valued at 215 million UAH. 12 lots mostly with metal shavings were ignored by the auction participants. ArcelorMittal Kriviy Rih bought 11.7 thousand tons of scrap for 48.5 million UAH, Metinvest-Resource – 17 thousand tons (761 million…
DetailsIn January metal companies received some 2 million tons of iron ore raw materials, down by 19% YoY, with 3.96 million tons exported, up by 20%. By-product coke plants received 1.03 million tons of coking coal, down by 18%: 0.37 million tons of domestic coal, up by 43%, and 0.66 million tons of imported, down…
DetailsIn January Ukraine decreased steel and pig iron manufacture, but increased that of rolled metal. In particular, iron ore concentrate output grew by 3.4% YoY, to 5.46 million tons, and rolled metal – by 7.3%, to 1.68 million tons. At the same time, sinter manufacture dropped by 3%, to 2.65 million tons, pellets – by…
DetailsIn January 184 thousand tons of scrap were procured in Ukraine, down by 20% YoY. All the scrap was supplied to domestic metal companies. No scrap was exported in January. (Ukrainian metal)
DetailsIn January the share of imported coal in the total volume of deliveries to by-product coke plants dropped to 64.1% from 80% in January 2019. The enterprises received 1.03 million tons of coking coal, down by 18%, including 0.37 million tons of domestic coal, up by 43%, and 0.66 million tons of imported coal, down…
DetailsIn 2019, Magnitogorsk Iron and Steel Works (MMK) deliveries of metal products to pipe industry enterprises increased by 27% YoY and amounted to 2,564 thousand tons. This is the second largest shipment to pipe companies in the post-Soviet history of the company. Only in 2014 did MMK manage to deliver a larger volume, when the…
DetailsIn January Ukrainian metal companies decreased gas consumption by 3% YoY, to 160 million cubic meters. Electricity consumption dropped by 7%, to 940 million kW-h. In January Ukraine decreased steel output by 0.4%, to 1.84 million tons, and pig iron – by 3.3%, to 1.73 million tons. (Ukrainian metal)
DetailsIn January Ukraine exported 1.476 million tons of ferrous metals via its seaports, up by 11% YoY. In particular, the ports increased exports of pig iron by 68.8%, to 300.6 thousand tons, rolled metal – by 12.8%, to 828.9 thousand tons, and scrap – by 83.7%, to 7.44 thousand tons. Export of other ferrous metals…
DetailsIn January Ukraine imported 1.627 million tons of coal, down by 8.4% YoY. According to the State Customs Service, the value of the imported coal decreased by 33.8%, to $174.446 million. Russia supplied $115.237 million worth of coal (66.06%), USA – $48.505 million (27.81%), Kazakhstan – $10.54 million (6.04%) and other countries – $0.164 million…
Details