Ukraine: InGOK to improve rock transportation

Ingulets Mining and Processing Works has repaired the electric locomotive OPE1-AM No. 33. According to the company CEO Alexander Gerasimchuk, the locomotive was repaired at the Tbilisi Locomotive-building Pant (Georgia). Now the engineers are assembling the roof equipment. Soon the locomotive will resume operation. “This will allow us not only to increase the rock transportation…

Details

Ukraine: Lvivugol orders 119 million UAH worth of coal processing

The state enterprise Lvivugol has ordered Lviv Coal Company coal processing valued at 119.05 million UAH. The purchase was conducted via the negotiations procedure, as the previous two attempts through auctions failed because of the lack of participants. Cancelled purchases presupposed the purchase of processing of 878 thousand tons of coal at 83.43 million UAH,…

Details

Kazakhstan: metal prices up in May 2018

The prices of enterprises manufacturing industrial products, as well as providing production services, in Kazakhstan increased by 2.6% MoM in May and by 5% compared to December 2017, the Committee on Statistics of the Kazakh National Economy Ministry reported. Since the beginning of the year, producer prices in the manufacturing industry have increased by 3.5%…

Details

Ukraine: DTEK swallows Corum

One of the largest machine-building holdings of Ukraine – Corum, owned by Rinat Akhmetov, has merged with DTEK Energo. Now it is another energy holding business direction. Last year DTEK announced the purchase of two works – Svet Shakhtera and Corum Druzhkovka Machine-building Works, as well as a small manufacturing site of Mining Machines. All…

Details

Ukraine: PGOK to see railroad electrified

This year Ukrzaliznytsia intends to finish the electrification of the Potoki – Zolotnishino route, which unites the main railroad with the Poltava Mining and Processing Works. This is expected to improve the efficiency of the company operation. According to Ferrexpo investors and communications director Ingrid MacMahon, the route electrification will decrease the time of products…

Details