This year the Mine named after Matrosov, which develops Natalkinskoye gold-ore deposits in Kolyma, intends to mine 5 tons of gold. Since the beginning of the year the mine has already yielded 260 kg. To meet the target, the enterprise will have to process 9 million tons of ore and 15 million tons of rock.…Details
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According to the Ministry of Economy, in 2017 Uzbekistan consumed 4.8 million tons of coal. The needs have been completely covered. As the coal consumption grows with the increase of the population, a program for coal industry development has been approved. It envisages both new construction and modernization of existing capacities. Coal output is expected…Details
ArcelorMittal Kriviy Rih is still among companies with the least industrial injury rate in the AM Group in 14 countries (2nd place) and mining and metallurgical companies of Ukraine. In 2017 the rate decreased to 0.37 from 0.41 in 2016. Last year the number of injuries resulting in the loss of working days among the…Details
In January Ukraine increased revenue from ferrous metals exports by 33.4% YoY, to $873.35 million. According to the State Fiscal Service, ferrous metals accounted for 23.45% of the total exports in the period, up from 21.64% last January. In December 2017 revenue from ferrous metals exports totaled $817.37 million. At the same time ferrous metals…Details
Norilsk Nickel and Russian Platinum have signed an agreement on strategic partnership, which presupposes the creation by the end of the year of a joint venture to develop three deposits with the possible reserves of 70-100 tons of platinum group metals a year, which will make it one of the largest manufacturers. Each company will…Details
NLMK Group, an international steelmaking company with operations in Russia, the USA and the European Union, has begun hot testing of its new turbine generator unit No. 5 at its Cogeneration Plant in Lipetsk. Once commissioned the new generator, which has a capacity of 60 MW, will improve the reliability of the energy supply, reduce…Details
In 2017, 12.5 million tons of Kazakhstan coal were shipped for utility needs. “In 2017 coal production was higher by 8.3% than in 2016. 12.5 million tons were supplied for household and utility needs”, said Minister of Energy Kanat Bozumbayev when visiting Pavlodar region. According to Bozumbayev, in Kazakhstan there is a stable growth of…Details
Residents of Toguz-Toro district demand to stop construction of a gold processing plant, the head of the staff of the district administration Tabyldy Saminov reported. On February 7 residents of the district held a rally with one demand: to suspend the activities of GL Makmal Developing, which was building the gold processing plant. The protesters…Details
Volnogorsk Mining and Processing Works has ordered Energy Trade Group LLC the supply of natural gas valued at 149.01 million UAH. This year the company will supply 15.6 million cubic meters of gas valued at 9552 UAH per 1 thousand cubic meters. The price of the agreement is 0.4% below the expected cost of the…Details
This year steel consumption in EU is expected to grow by 1.9% YoY, just like last year. According to Eurofer, in 2019 growth demand for steel will drop to 1.4%. In 2017 steel imports to EU decreased by 1% because of the trade protection measures. Thus, imports from Ukraine dropped by 31%, from Russia –…Details
In 2017 Severstal delivered some 180 thousand tons of rolled metal to Russian manufacturers of household appliances and industrial packaging, up by 10% YoY. The increase has to do with the growth of the client base and consumption. “Deliveries to Russian manufacturers of household appliances increased last year by 33%, to 58 thousand tons. Having…Details
In 2017 Seaport St Petersburg handled 6.9 million tons of cargo, up by 4% YoY. According to the port press service, ferrous metals throughput increased by 20%, to 3.6 million tons, while that of non-ferrous metals dropped by 9%, to 1.4 million tons. (Ukrainian metal)Details
ChTPZ has become the only supplier of low-temperature large diameter pipes for the construction of the Nord Stream-2 gas pipeline. In January-May ChTPZ will ship some 3 thousand tons of LDP to Nord Stream 2 AG. All the pipes will be made of low temperature steel, thus the operating temperature could be as low as…Details
Beloretsk Iron and Steel Works has been named a “Perfect supplier” by Autopribor, one of the largest spare parts for automobiles manufacturers. The highest supplier category has been granted to BMK for operation in Q4 2017. The companies have been cooperating for a number of years. “The title of the perfect supplier is a high…Details
Chelyabinsk Iron and Steel Works has mastered the manufacture of beams with corrugated vertical wall. Now ChMK can produce any type of beam available on the market. ChMK manufactures corrugated beams at the new line in the rolling shop. The capacity of the line is 400 tons per months. Corrugated beams are widely used in…Details
In 2017 Severstal purchased goods and services from Vologda region companies valued at 19.9 billion rubles, up by 4.5 billion rubles YoY. Small and medium business accounted for 10.5 billion rubles. The share of Vologda region in Severstal purchases increased last year from 13% to 16%. The growth is connected with the large-scale investment program…Details
Gold ore concentrate from Altynken field is transported to Kazakhstan, not to China, Almaz Alimbekov, Chairman of the Board of Kyrgyzaltyn OJSC said at a meeting with parliament deputy Akylbek Zhamangulov. According to him, in 2016 deputies of the parliamentary committee on the fuel, energy complex and subsoil use recommended Kyrgyzaltyn and Altynken to refuse…Details