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Russian Copper Company intends to organize autoclave manufacture of copper cathodes at the site of Mikheyevskiy Mining and Processing Works. “In 2014 we commissioned Mikheyevskiy GOK with the capacity of 18 million tons of ore per year. In 2017 the capacity increased to 27 million tons of ore. With such an increase it was decided…
DetailsIn June Rusal Russian works increased exports by 49% MoM. Thus, 294 thousand tons of aluminum were exported against 197 thousand tons in May. In January-June aluminum exports dropped by 9% YoY, to 1.27 million tons. Last year Rusal sold 3.95 million tons of aluminum, with Europe accounting for 42%. (Ukrainian metal)
DetailsIn January-June Ukraine exported 471.551 thousand tons of ferroalloys, up by 3.8% YoY. According to the customs statistics, the export revenue increased by 1.6%, to $538.736 million, The main importers of Ukrainian ferroalloys were Turkey (16.94%), Italy (16.2%) and the Netherlands (12.39%). In 6 months Ukraine imported 26.92 thousand tons of ferroalloys valued at $78.009…
DetailsThe Ministry of energy and coal industry reports that it has transferred 324 million UAH of state support to the state coal enterprises to pay salary to miners. “On July 9 the minister Igor Nasalik held a working meeting on the urgent issues of paying salary to state coal miners and the further actions to…
DetailsIn June MMK sold 768 thousand tons of metal via railroad, down by 13.8% YoY. In Q2 sales decreased on average by 16.7% a month. In January-June MMK sold 5.21 million tons of metal via railroad, up by 0.1% YoY. Sales to domestic customers increased by 11.5%, to 3.41 million tons, while exports dropped by…
DetailsIn June the sales of metal via railroad from NLMK totaled 961.9 thousand tons, up by 7.2% YoY. In 6 months sales grew by 4% YoY, to 6.46 million tons. This is the highest result in the past several years. This year deliveries to domestic customers grew by 18.2% YoY, to 2.23 million tons, while…
DetailsIn June Beloretsk Iron and Steel Works sold 41 thousand tons of metal wares, up by 15% YoY. The company increased supplies to the domestic companies of the oil and gas, machine-building, car and construction industries. Steel bearing wire showed the largest increase – 2-fold. Rebar threads and alloyed welding wire sales grew by 32%…
DetailsIn January-June Priisk Solovievskiy extracted 1068 kg of gold, down by 3.4% YoY. 569 kg accounted for alluvial gold sites, where work is carried out from May till October. The rest (499 kg) was obtained from the Solovievskiy gold ore deposits. In 2017 the company obtained 3127 kg of gold. (Ukrainian metal)
DetailsRussian Copper Company and the authorities of Magadan region have concluded a cooperation agreement on investment projects. The document was signed by the RCC president Vsevolod Levin and the temporarily acting governor of the region Sergey Nosov. RCC intends to inspect and develop copper deposits on the territory of the region in order to construct…
DetailsMagnitogorsk Iron and Steel Works (MMK) is expanding its innovative cooperation with Oracle, having chosen the corporation as its strategic partner for the next five years in the implementation of the concept “Industry 4.0”. The optimization and unification of MMK’s business processes on the basis of a unified Corporate Information System (CIS) will facilitate the…
DetailsSatbayev University and ArcelorMIttal Temirtau JSC have founded a joint enterprise to realize a coal-bed methane exploration and production project at the Karaganda coal basin. Coalbed methane (CBM or coal-bed methane), coalbed gas, coal seam gas (CSG), or coalmine methane (CMM) is a form of natural gas extracted from coal beds. As the international experts’…
DetailsOn July 9 the operation of the Novovolynskaya No. 9 mine (state enterprise Volynugol) was suspended. The miners demanded from the authorities to clear salary debts. On July 5 the Ministry of energy and coal industry divided budget funds. It was planned to spend 324 million UAH to clear salary debts, with 9.5 million UAH…
DetailsIn January-June Seligdar increased rock transportation by 15% YoY, to 10 million cubic meters. Rock mining grew by 56%, to 5.8 million tons. Gold output increased by 39%, to 1327 kg. Nizhneyakokitsky Works demonstrated the best results having obtained 600.1 kg of gold. This year Seligdar intends to mine 6 tons of gold. (Ukrainian metal)
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