Caljan Rite-Hite, which produces loading transporters and elevators, has purchased the mechanical shop of the Liepājas metalurgs. There the company intends to assemble its own manufacture. According to company director Gatis Dradeika, the negotiations with the Citadele bank on the purchase were long and complex, as they involved a third party – the state. Caljan…Details
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In August Ukraine decreased steel production by 0.5% MoM, to 1.806 million tons. Pig iron manufacture dropped by 2%, to 1.733 million tons, while that of rolled metal grew by 1%, to 1.515 million tons. In January-August Ukraine produced 14 million tons of steel, 13.65 million tons of pig iron and 12.27 million tons of…Details
Energomashspetsstal has fulfilled another order of LASCO Umformtechnik GmbH by supplying a bulk hammer frame to Germany. According to the agreement, the billet weighing 61 tons was processed at EMSS and shipped in August. So far this is the 16th hammer frame produced by EMSS for LASCO. The companies have been cooperating for over 9…Details
In January-June Mangazeya Mining Ltd, developing Zabaikalye region deposits, produced 6.972 thousand ounces of gold. Savkinskoye deposits accounted for 6.76 thousand ounces, and the rest (0.21 thousand ounces) for Kochkovskoye deposits. According to the unaudited financial statement, gold output decreased by 17% YoY. The decrease is due to the drop in ore mining – in…Details
In January-June Kimkano-Sutarsky Mining and Processing Works LLC received $69.9 million from the sale of iron ore concentrate, up by 38.5% YoY. In particular, sales to China reached $46.4 million. EBITDA grew by 43%, to 11.8 million. In 6 months KSGOK sold 1.046 million tons of concentrate. 1.084 million tons were produced, up by 56%.…Details
According to the Russian Railroads, in August transportation volumes reached 108.4 million tons, up from 107.6 million tons in July and by 2% YoY. In January-August railroads transported 857.8 million tons, up by 2.9% YoY. In particular, iron and manganese ores accounted for 77. million tons, up by 5.4%, ferrous metals – 52.5 million tons,…Details
The gas supplies to the Mikhailovsky Mining and Processing Works have been suspended following an accident at the gas pipeline in Kursk region. This is the fifth accident on Gazprom pipelines since the start of the year. Because of the accident MGOK has suspended the manufacture of pellets. (Ukrainian metal)Details
Titan, the works of the Ukrainian oligarch Dmitry Firtash in Russia-occupied Crimea, is working on Ukrainian raw materials from Zhitomir region. The following scheme is used to supply the ilmenite: Odessa port – Samsun port under fictitious contract – Kerch. “Ukraine really has to do with the environment catastrophe in Crimea. But the thing is…Details
A shutdown of the Nadvoitsy Aluminum Smelter is long overdue, but aluminum giant RUSAL has not discussed closure of its other plants, Industry and Trade Minister Denis Manturov declared on September 4. “Concerning shutting and preservation works at the other facilities, I am unaware of anything of the kind. Maybe there are rumors or discussions…Details
The Ural division of Rostechnadzor has filed a suit to the court to suspend the operation of the Serov Ferroalloys Works because of the breach of industrial safety regulations. The company has faced an unscheduled inspection following the death of a crane operator in June. During the inspection 26 violations of industrial safety requirements have…Details
Corum Svet Shakhtera has created a mine complex, consisting of a shearer, a longwall conveyer, a loader and anchoring. While creating the complex, the machine-builders have taken into account the peculiarities of the Donbass mines, which are the main customers of Corum. In particular, this complex was ordered by the Sadkinskaya mine. (Ukrainian metal)Details
Dortrans LLC from the city of Khabarovsk has filed a suit to the arbitrary court of Irkutsk region on declaring the Bratsk Ferroalloys Works LLC bankrupt. The suit was registered on August 30, but the hearing had not been scheduled yet. The amount of claims is 1.45 million rubles. In April a court already satisfied…Details
As of September 3, the Novaya miners team has yielded 134 kg of gold. This season the team has started washing at a new site – Nizhnyaya Amunakta, having so far obtained 60 kg of gold. The enterprise is also prospecting at Tangrak. The development of the site is scheduled for spring 2019. The team…Details