In 2017 Khiagda is expected to sell 693 tons of uranium, while in 2008 it sold just 60 tons. For the next year the company has the same goals: further decrease of the prime cost of the products and the manufacturing processes. At the same time it also has new challenges: improve efficiency, increase output…
DetailsAEM-Tekhnologii has produced for Severstal a cylinder to modernize the accumulator station of the water decaling unit at the 2000 rolling mill. In 2015 the company supplied 2 similar cylinders to Cherepovets. The volume of the cylinder is 9.25 cubic meters. It has successfully passed the tests. (Ukrainian metal)
DetailsIn 2017 ferrous scrap procuring companies will amass 3.7 million tons of scrap, and 80% (2.96 million tons) will be in the shade. As the result the budget will get only 53.3 million UAH. “One of the main issues is the deshading of the scrap market”, Ukrmetallurgprom president Alexander Kalenkov believes. According to him, in…
DetailsUkraine has retained the zero quota on gold, silver, precious metals wastes and scrap exports for 2018. The corresponding norm is contained in the Cabinet of Ministers decree dated December 20 and published in the state newspaper Uryadovy Courier on December 23. (Ukrainian metal)
DetailsThe state enterprise Ukrpromvneshexpertisa forecasts that export prices of Ukrainian suppliers of iron ore raw materials in December will fall by over 10%. “The fall will be the result of the Chinese indexes dynamics with a certain time lag. On the local market prices could grow due to the favorable situation on the rolled metal…
DetailsThe Cabinet of Ministers has prolonged for 2018 the licensing of anthracite exports at the approval of the Ministry of energy and coal industry. The correspondent decree No. 1018 dated December 20 has been published in the Uryadovy Courier newspaper. The accompanying message says that the licensing is aimed at preventing uncontrolled exports of the…
DetailsIn January-November Ferrexpo exported 9.433 million tons of iron ore pellets. In particular, Poltava GOK exported 7.07 million tons and Yeristovo GOK – 2.362 million tons. In 11 months Metalloinvest exported 4.984 million tons of pellets (Mikhailovsky GOK – 2.916 million tons and Lebedinsky GOK – 2.068 million tons). Karelsky Okatysh exported 5.038 million tons…
DetailsIn January-November DTEK Energo increased purchases of coal from state mines of the Lviv-Volyn basin by 17.4% YoY, to 668 thousand tons. According to DTEK press-service, in November purchases grew 3-fold YoY, to 73 thousand tons, but remained on October level. (Ukrainian metal)
DetailsAdministration of the Ingulskaya uranium mine, a part of the state enterprise VostGOK, has filed a suit against 94 miners, who went on a strike in November demanding the increase of salary. The administration wants the court to declare the strike illegal and believes the strike resulted in the enterprise losing some 1.46 million UAH.…
DetailsThe Russian company, RosGeoPerspectiva, will carry out geological exploration work to find copper and gold in the promising areas of Kazakhtau and Kazakhtau 1 in Navoi region of Uzbekistan. The Russian side and the State Committee of Uzbekistan for Geology and Mineral Resources have already prepared a draft agreement on geological exploration and pilot production…
DetailsPJSC Vesco and PJSC Druzhkivka Mine Administration (Druzhkivka, Donetsk region) will pay UAH 795.6 million and UAH 204.8 million of dividends to shareholders in the period from December 22, 2017 to June 21, 2018. According to a company report in the information disclosure system of the National Securities and Stock Market Commission, the shareholders made…
DetailsIn 2017 Zaporizhstal has increased transportation of its products by water by 6% YoY, to 573 thousand tons. According to the company statement, thus, 17% of the products were shipped by water. Traditionally the main consumers of Zaporizhstal metal, sent by water, are Bulgaria, Turkey, Greece and Romania. “Water transport is the most efficient way…
DetailsSince the start of the year Raspadskaya has mined 6 million tons of coking coal. This is the record-high result since 2009. Average monthly output is 500 thousand tons of coal. Last year the company mined 5 million tons. Raspadskaya mines a valuable coking coal, which after processing is supplied to metal and coke enterprises…
DetailsSilver Bear Resources Plc has increased the resources of its Vertikalnoye deposits in the Republic of Sakha (Yakutia) to 1.8 million ounces of silver. The resources have been moved to the Measured and Indicated category with the silver content of 1572 g per ton. At present the company is storing ore to start silver manufacture…
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