Osinnikovskya mine of Raspadskaya Coal Company has put into operation a new long face with the reserves of 2.2 million tons of coal. Average coal output at the long face is expected at 180 thousand tons. The reserves of the long face will be enough for a year. After the coal is processed at the…
DetailsMagnitogorsk Iron and Steel Works (MMK) has published a video titled “MMK – Caring About the Future” describing its environmental efforts. The six-minute video presents the results of MMK’s environmental activities in the past few years in a clear and simple way, and outlines the company’s mid-term environmental plans. The video summarizes an enormous amount…
DetailsMetinvest, the vertically integrated group of steel and mining companies, is pleased to note the inclusion of two of its bond issues in the JPMorgan Corporate Emerging Markets Bond Index series (CEMBI), a global benchmark tracking US-dollar denominated debt issued by emerging market corporations. The bonds were issued on April 23 following the successful completion…
DetailsThe minister of energy and coal industry Igor Nasalik has blamed the acting director of the state enterprise Selidovugol Sergey Pakhomov for the bad conditions of the mines and the inability to manage the enterprise. According to the minister, out of 60 million UAH provided in January to develop mines, only 12 million have been…
DetailsMiners of the site No. 2 of the Belozerskaya mine set a new record, having extracted 105.352 thousand tons of coal from one long face in May. This is the DTEK Dobropolyeugol best result in its history. The average daily output was 3512 tons. DTEK has invested 193.5 million UAH in the long face. (Ukrainian…
DetailsThe Northeastern manufacturing and geological enterprise (a part of the state holding Rosgeologia) has started bringing cargo and machinery to the Kremovaya site in Chukotka. There the enterprise is prospecting for gold. The corresponding contract with the department of subsoil use was concluded last year. The geologists must find gold-silver ore objects within the territory.…
DetailsIn May the Northern Railroads transported 5.114 million tons of cargo, up by 3.1% YoY. In particular, ferrous metals transportation increased by 2.6%, to 3.9 million tons. Scrap transportation dropped by 4%, to 0.3 million tons, while that of coal decreased by 26%, to 1.3 million tons. (Ukrainian metal)
DetailsBeloretsk Iron and Steel Works has presented a project on the acid-free wire manufacture. The company has shut down the etching department of its wire shop, reconstructed the drawing mills and put into operation new water purifying machinery. Instead of the etching lines, two foreign descaling lines have been commissioned. All this allowed the company…
DetailsSeverstal will install a new supporting roll at the 5000-mill in the sheet-rolling shop of the Cherepovets Iron and Steel Works in Kolpino. The roll has already been delivered to the site. Soon the shop specialists will assemble it. The roll with the diameter of 2.3 meters, the length of 11 meters and the weight…
DetailsIn May Yuzhniy Mining and Processing Works decreased concentrate output by 0.2% YoY, to 1.042 million tons. According to the company statement, sinter manufactured dropped by 0.9%, to 151.6 thousand tons. In January-May UGOK produced 5054.2 thousand tons of concentrate and 806.5 thousand tons of sinter, down by 0.6%, but up by 8.6% YoY respectively.…
DetailsRussia’s aluminum exports decreased by 43.1% MoM, to 172,000 tons in April, the Federal Customs Service said on June 6. In monetary terms, aluminum exports fell by 45.6%, to $325.9 million. In January-April exports rose by 15.7% YoY, to 1.013 million tons in volume terms, but dropped by 41.9%, to $1.952 billion in monetary terms.…
DetailsThe Prime Minister of Kyrgyzstan, Mukhammedkaly Abylgaziev, instructed to speed up preparations for the contest and conduct outreach activities among the local population on the importance of extending the term of Makmal gold field, the press service of the Cabinet reported. The head of government held a working meeting to discuss the current activities of…
DetailsIrshansk Mining and Processing Works has ordered Star-car LLC a car valued at 1.25 million UAH. The company will supply Toyota Highlander (Elegance). Star-car received the order without competition. The expected price was 1.3 million UAH. (Ukrainian metal)
DetailsThe flooding of the mines on Ukraine-uncontrolled part of Donbass gradually results in the same processes in mines that are situated on the controlled territory. “For example, the volume of water that floods the Zolotaya mine (controlled territory) is 940 tons per hour”, the deputy minister on temporarily occupied territories and internally displaced persons Georgy…
DetailsTorex, owner of Amurstal, and Posco Daewoo Corporation have signed a memorandum on deliveries. By the end of the year Amurstal will have additionally exported 300 thousand tons of steel billets to South Korea. South-Eastern Asia countries account for 60% of the company sales, with 40% supplied to the domestic market. The company employs 3…
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