Since the start of the year Yekaterinburgskiy Non-Ferrous Metals Processing Works has been carrying out a major strategic project to produce precision parts of precious metals alloys. The new method allows plating titanium electrodes with iridium oxide. Trial samples of such electrodes have been sent to several customers, and positive results have already been received.…
DetailsIn June Amur region mined the 550-millionth ton of coal. The region started mining coal in 1932, while prospecting works were carried out as far back as 1909. In 86 years of operation, 28 coal pits have been commissioned. In Particular, the Severo-Viostochniy pit was put into operation in 1932. It now mines over 1…
DetailsRusal has become an official supplier of the XXIX World Winter Universiade-2019 in the city of Krasnoyarsk in the category of award sets. Rusal will supply over 1400 award and prize medals, as well as award badges and cases for them. The main body of the medals and badges will be made of innovation aluminum…
DetailsThe prices of the main precious metals in Azerbaijan increased on July 13, according to the data published by the Central Bank. The cost of gold increased by 0,6375 manats, to 2116,602 manats per ounce on July 13, compared to the price on July 12. The cost of silver increased by 0,1758 manats, to 27,0898…
DetailsPrime Minister Bakytzhan was presented a project for the construction of Altyn Ex mining and metallurgical plant in Altyndy. The company is currently developing the Yubileynoye field, one of the largest deposits of gold-bearing ores in the country. Also, according to the founder of the enterprise the construction of the plant will increase productivity, and…
DetailsThe second stage of a $2.6-billion Boguchany aluminum smelter will be launched until April 2019, CEO of the plant shareholder RUSAL Vladislav Solovyov declared on July 13. “We will launch the second stage of the Boguchany aluminum smelter at the start of next year. The amount of production is 148,000 tons. The date of the…
DetailsThe Belarusian steel mill BMZ continues exporting merchandise to the USA and the volume of export remains stable, Ivan Demidov, Head of BMZ’s Planning and Economic Analysis Office, declared. “As a result of negotiations with our clients in the USA the market for the staple products – seamless pipes and high pressure wire – remains…
DetailsThe Belarusian steel mill BMZ increased the export of its products by over 30% YoY in January-June, Ivan Demidov, Head of BMZ’s Planning and Economic Analysis Office, reported. In H1 BMZ exported 957,000 tons of merchandise worth $611.7 million or 131.5% as against H1 2017. The profitability of sales reached 9.6%. The stock in storage…
DetailsThe Belarusian steel mill BMZ does not intend to arrange an IPO or float eurobonds in the near future, Ivan Demidov, Head of BMZ’s Planning and Economic Analysis Office, declared. The executive specified: “We consider arranging an IPO in the more distant future and have no intention to do it any time soon.” The company…
DetailsIn the next three years Dneprovsky Iron and Steel Works will be carrying out a modernization program. “In March the company got a new owner. Until that time and since 2008 it was owned by Evraz. In March we received a new owner – DCH Investment Management”, the company commercial director Denis Frolov said. The…
DetailsAs of July 1, the gold-extracting company Zolotinka LLC has extracted 42 kg of gold in Amur region, down by 29% YoY. According to the regional ministry of natural resources, as of July 1, 2017 the gold output amounted to 59.1 kg. The company is extracting alluvial gold at two sites: in the Ostrovnaya River…
DetailsThe Vostsibugol Company LLC intends to invest 1 billion rubles in the development of the Southeastern part of the South block of the Quarry field No. 1 of the Mugunskoye deposits in Irkutsk region. The mining is expected to begin in 2020. In 2021 the planned annual capacity of 2.5 million tons will be reached.…
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