Tungsten trioxide reserves of Kazakhstan are estimated at over 2 million tons. The development of the industry began in 1970s. But the project was suspended in 1993 due to numerous economical and political reasons. So far 12 deposits have been prospected in the country. The largest of them are Verkhneye Kayraktinskoye and Severniy Katpar in…Details
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In January-May Kazakhstan produced 36621 kg of raw and semi-raw gold (powder), up by 7.2% YoY. According to the Statistics Committee of the Ministry of national economy, silver output, on the other hand, dropped by 7.7%, to 410532 kg. (Ukrainian metal)Details
In May the diggers’ team Amur obtained 14.3 kg of platinum. Last month the enterprise washed 31 thousand cubic meters of sand. Rusty platinum output totaled 16 kg. This year the enterprise operates at the Uorgalan alluvial site. Last year Amur operated at the Konder site, having obtained 1274 kg of platinum, down by 17%…Details
Tokyo Rope Manufacturing has opened a new works in the city of Almaty. The enterprise boasts unique machinery to produce metal ropes, galvanized steel mesh, etc. The capacity of the works is over 17 thousand tons of steel products per year. The first stage of the works was commissioned in 2016, and the enterprise started…Details
The sales of the Armavir Electrometallurgical Works LLC did not take place. The auction saw the land plot of 85 ha, the site for the steel manufacture and other assets. The price slowly dropped from 248.4 million rubles to 124.2 million rubles, but no bids were made. The construction of the work was begun in…Details
The acting governor of Primorye region has signed the agreement on the development of tungsten ore deposits and the creation of the new enterprise – Malinovsky Mining and Processing Works. The agreement has also been signed by the Primorsky GOK CEO Vladimir Shagoyko and the director of its subsidiary the ore company AIR Vladimir Shepeta.…Details
In May NLMK-Kaluga shipped 102 thousand tons of rolled metal via railroad, up by 19% MoM, but down by 8.2% YoY. In January-May railroad sales totaled 463.3 thousand tons, up by 13.8% YoY. Deliveries to domestic customers reached 175.8 thousand tons, up by 17.1%, while exports – 287.4 thousand tons, up by 11.8%. (Ukrainian metal)Details
SMC-Kolpino, a part of Severstal Russian Steel, has started shipping steel billets to Tikhvin Wagon-Building Works. The total weight of the order is 230 tons. The delivery is scheduled to be finished in August. The billets are made by way of plasma cutting of plates produced by Cherepovets Iron and Steel Works. The thickness of…Details
Metalloinvest is modernizing the arc-furnace shop at Ural Steel. A contract has been concluded with Tenova (Italy) for the delivery of 2 arc-furnaces. They will be switched to the technique of FMF (flexible modular furnace), which zeroes the consumption of electrodes and electricity. The commissioning of the furnace No. 2 is scheduled for Q1 2019,…Details
Russia’s output of unrefined and semi-refined or powder platinum increased by 1.6% YoY and by 3% MoM in May, the Federal State Statistics Service said in a statement without disclosing absolute figures. Silver output increased by 11.9% and by 12.8% respectively. In January-May output of platinum grew by 4.4% YoY and of silver by 16.9%.…Details
In May Chelyabinsk Pipe Rolling Plant decreased railroad sales by 1.9% YoY and by 10% MoM, to 101.5 thousand tons. In January-May sales grew by 23.2%, to 560.8 thousand tons, with deliveries to domestic customers up by 53.2%, to 450.6 thousand tons, while exports dropped by 31.6%, to 110.2 thousand tons. In April ChTPZ increased…Details
In May Chelyabinsk Iron and Steel Works decreased railroad deliveries of rolled metal by 1.6% YoY and by 2.4% MoM, to 264.3 thousand tons. In January-May deliveries dropped by 1%, to 1.38 million tons, including to domestic market – by 3.6%, to 1.19 million tons, while exports grew by 19.8%, to 190 thousand tons. In…Details
Prime Minister Vladimir Groysman intends to initiate inspection of state coalmines. According to him, state mines are now subsidized from the budget because of the difference in price of coal mining and its sales. This year the budget envisions 900 million UAH for state mines, but these funds have already been spent. “We understand that…Details