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The Ministry of Energy of the Russian Federation is set to have doubled coal exports by 2035, Deputy Minister of Energy Anatoly Yanovsky, said at the Russian Energy Week International Forum. According to the speaker, the growth of coal prices and demand attributes to the relevance of the Strategy and Program for Russia’s Coal Industry…
DetailsSince the start of the season and as of October, Kseniyevsky Priisk has extracted 1334 kg of alluvial gold, up by 23 kg YoY. The annual output plan has been exceeded by 32%. This year the company is operating at 9 license sites. Kseniyevsky Priisk is the oldest gold-extracting company of the Zabaikalye region. In…
DetailsBMZ has participated in the Second Forum of Regions of Belarus and Ukraine in Zhitomir. The company has signed a contract on cooperation with Rosava. BMZ will supply the Ukrainian company with metal cord valued at 3.6 million euros. BMZ and Rosava, the only tire manufacturer in Ukraine, have been cooperating for over 20 years.…
DetailsRepresentatives of Kyshtym Electrolytic Copper Plant – the chief engineer Alexander Sidorenko and his deputy Anton Shabalin – have participated in the Copper 2019 conference in Canada. Since the company intends to construct a new electrolysis shop, the engineers were interested for the most part in the pure copper cathode manufacture. In particular, the modern…
DetailsMetalloinvest has won the SAP Value Award in the “People – the most valuable capital” nomination. The company project to automate personnel management was considered the best. The project has been carried out under the company program of digital transformation together with KSA Group. To transform the personnel management function the company has used the…
DetailsAn accident happened at the Yenakievo Iron and Steel Works, situated on the Russia-occupied territory of Donetsk region. Locals have experienced failures in electricity supplies. Some spoke of an explosion at the works, others of a gas outburst. There is still no official confirmation of the accident. Metinvest lost control over EMZ on March 15,…
DetailsInterpipe will issue new foreign corporate bonds valued at $309 million under its debts restructuring of $200 million with maturity in 2017. Moreover the company will also issue 192.058 thousand and 3.086 thousand value-restoring tools (units). All the parties concerned have as of September 27 carried out all the issues stipulated in the restructure agreement.…
DetailsDneprovsky Iron and Steel Works, a part of DCH Steel, in January-September decreased rolled metal output by 23.9% YoY, to 418 thousand tons. Steel manufacture dropped by 24.4%, to 504 thousand tons, and pig iron – by 24.5%, to 485 thousand tons. In September the company produced 37 thousand tons of rolled metal, 47 thousand…
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