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In January-June, Interpipe produced 43.5 thousand tons of railroad wheels. According to the railroad division director Olexander Garkaviy, 11 thousand of wheel pairs and 2.2 thousand tons of axles were manufactured. “These products are shipped to customers and not used by us. This output considerably exceeds last year’s level,” he said. If the trend persists…
DetailsZaporizhstal has carried out the third category capital repairs of the blast furnace No. 4. “Renewed and fully ready for operation. Our fourth blast furnace is longing to start producing pig iron after repairs,” the company said. A new loading machine was installed, while foundry yard, air-heaters and exhaust machines were modernized. More than 92…
DetailsAt night of June 30, Ukrainian UAVs attacked the territory of the largest metal works in Russia – NLMK. The information was confirmed by the company press service. The company claimed the attack was carried out by an “UAV swarm”. NLMK acknowledged that the works sustained damages. The attack of the drones started at 2…
DetailsPresident of Kyrgyzstan Sadyr Japarov signed the Law “On Amendments to Certain Legislative Acts (the Code of Offences, the Law “On Subsoil”) and invalidating the Law “On Prohibition of Activities Related to the Geological Survey of Subsoil for the Purpose of Search, Exploration and Development of Uranium, Thorium Deposits in the Kyrgyz Republic”. The document…
DetailsChairman of the Cabinet of Ministers of Kyrgyzstan Akylbek Japarov, as part of his working trip to Urumqi (XUAR, China), met with the heads of a number of large companies. A conversation took place with the management of Zhicun Lithium Industry Group Co., Ltd, where issues in the mining industry were discussed, in particular, implementation…
DetailsWaste reduction issues require specific attention in the mining industry, chairman of the Azerbaijani Parliament Committee on Energy and Ecology Sadig Gurbanov has said during the International Forum, “Green World Solidarity: Waste to Value for a Sustainable Future”. According to him, the world produces 7-10 billion tons of solid waste every year, and almost 10%…
DetailsIn 2023, Severniy Mining and Processing Works received net profit of 866.09 million UAH as opposed to net loss of 2.972 billion UAH in 2022. According to the decision of the only shareholder – Metinvest B.V. (the Netherlands), the profit was kept undistributed. The net profit of 580.4 million UAH received in January-March will be…
DetailsIn 2023, Central Mining and Processing Works received net loss of 1.326 billion UAH, down from net profit of 2 billion UAH in 2022. According to the decision of the only company shareholder – Metinvest B.V. (the Netherlands), 2023 losses will be covered with profit from future periods. Another decision was to change the company…
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