Russia: Kremlin monitoring Norilsk Nickel owners’ conflict

The Russian presidential administration is watching the development of a conflict between the shareholders of metals producer Norilsk Nickel, spokesman Dmitry Peskov declared on February 26. “Bearing in mind the size and the importance, the social importance, the economic importance of the company, the Kremlin is of course watching how the management situation is unfolding,”…

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Ukraine: AMKR keeps improving living conditions of Zhukovka citizens

PJSC ArcelorMittal Kriviy Rih continues to resettle the residents from the area of possible displacement of the earth surface in the Saksaganskiy district of Kriviy Rih and is ready to purchase every household located in the streets Lavrenyova and Chistopolskaya (“Zhukovka settlement”), at the price of 425 thousand hryvnia providing the conclusion of the sales…

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Russia: Ingalinskaya-2 coal processing up

Ingalinskaya-2 Mining and Processing Factory in South Yakutia has increased its coal processing capacities to 2.5 million tons per year. Concentrate output depends on the coal grade – from 40% to 63%. “The project capacity of the factory was 1.5 million tons. Last year we reached 1.7 million tons. The factory was put into operation…

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Russia: Rusal revenue up in 2017

In 2017 Rusal increased revenue from $7.983 billion to $9.969 billion. Mostly because of the aluminum price rise by 22.7% (to $1968 per ton), increase in the primary aluminum and alloys sales by 3.6% and the growth of the high added value products sales from 44% to 47.3%. EBITDA grew by 42.4%, to $2.12 billion,…

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Russia: Vorkutaugol assembling safety system at mines

Vorkutaugol has started assembling a multi-functional safety system at the Vorkutinskaya, Zapolyarnaya, Komsomolskaya and Vorgashorskaya mines. In December 2017 the mines started receiving the Strata system components, produced in Russia, Kazakhstan, USA and South Africa. In January Alpha-Safety specialists arrived to implement the system. When the system is launched in July, its three main options…

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Russia: VSMPO-Avisma overfulfills manufacture plan

In January VSMPO-Avisma manufacturing plan was 102.17% fulfilled.

According to the company manufacturing director Oleg Ryabov, the shops Nos. 1, 20, 31, 37 and 38 coped with the task the best.

Not even long New Year holidays prevented them from reaching the target. (Ukrainian metal)

Kazakhstan: projects worth 95 billion launched in Akmola region

Within the framework of the Industrialization Map 7 projects to the amount of KZT 95 billion were launched in 2017, governor of Akmola region Malik Murzalin informed.

In particular, KazakhAltyn concern launched 3 gold recovery factories with total capacity up to 4 tons of gold a year. (Kazinform/Ukrainian metal)