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The Ministry of Industry and New Technologies of Tajikistan has reported a significant increase in the production of precious metals in the country since the beginning of 2019. According to the source, the gold production in January-May increased by 60.8% YoY. At the same time, silver production increased by 37.6%. However, the ministry and other…
DetailsThe Proizvodstvo polimetallov (Polymetal Manufacture) subsidiary of Uralelectromed has received a new BelAZ 7540 dump truck. The machine carrying capacity is 30 tons. Daily the company operates some 11 BelAZs. This is the first machine purchased this year. The company also intends to buy a forklift truck and a front-end loader. (Ukrainian metal)
DetailsThe Department of the protection of the inner market of the Eurasian economic commission has prolonged the antidumping investigation of the import of galvanized metal of Ukrainian and Chinese origin. The investigation is prolonged until October 28. The original investigation has been initiated by MMK, NLMK and Severstal. (Ukrainian metal)
DetailsIn May, Ural Steel LLC increased rolled metal sales by 0.3% YoY, to 127.2 thousand tons. This is the highest level of sales this year. In January-May sales grew by 6.6%, to 575.8 thousand tons. Deliveries to Russian customers went up by 16.6%, to 550.6 thousand tons, while exports fell by 63%, to 25.2 thousand…
DetailsBishkek hosted a forum of suppliers of goods and services for mining industry. Instead of standard speeches and statements, it was held in an exhibition format so that suppliers and customers can find a common language. “We are often approached by suppliers of goods and services in various sectors of the economy, especially in subsoil…
DetailsIn April, Metinvest B. V. revenue dropped by 7.5% MoM, to $954 million. EBITDA was $173 million, down by 6%. Corrected EBITDA of the metal division totaled $53 million ($46 million in March), and of the mining – $151 million ($148 million). Combined revenue comprised metal division revenue of $791 million ($844 million) and mining…
DetailsPrivatbank has gained another victory in the claim against a guarantor in loan re-financing – this time Marganets Mining and Processing Works. The court proceedings started in 2017. On May 14 Privatbank won in a similar case against Pokrovsky GOK. (Ukrainian metal)
DetailsNorilsk Nickel will diversify its manufacture by starting producing spare parts for electric cars. Earlier the company has agreed with BASF to start producing accumulator materials at Harjavalta in Finland in late 2020. “We have a whole layer of new clients coming to the market. This is due to the appearance of new economy industries…
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