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In January-June Tajikistan increased coal mining by 18% YoY. 93% of coal is extracted at the pits. In H1 717.4 thousand tons of coal were sold, including 424 thousand tons to the heat and power plant No. 2. Exports decreased by 63.5%. (Ukrainian metal)
DetailsIn May Russia imported 1.1 tons of tantalum, including scrap, up by 172.7% MoM, but down by 0.7% YoY. Deliveries from Kazakhstan grew 2-fold, to 774 kg, and from China – more than 5-fold, to 201 kg. In 5 months tantalum imports totaled 3.6 tons, down by 35% YoY. In monetary terms since the start…
DetailsRussian Copper Company, the initiator of the Tomino Mining and Processing Works construction in Chelyabisnk region, intends to discuss the project corrections with the local dwellers. On August 5 the company will present the results of the assessment of the GOK environment impact. One of the leaders of the StopGOK movement Vsailiy Moskovets claims that…
DetailsIn January-June the net profit of VSMPO-Avisma increased by 47%, to 12.828 billion rubles. The increase is due to the drop of the dollar exchange rate by 9%. The company revenue grew by 10%, to 42.273 billion rubles. Sales did not change and totaled 15 thousand tons of titanium. (Ukrainian metal)
DetailsIn April-June Rusal increased aluminum sales by 20.8% QoQ, to 1.082 million tons. The increase is due, among other things, to the sales of stocks accumulated during the sanctions. At the same time, the company experts believe the trade war between US and China has resulted in the drop in aluminum demand. Rusal fears the…
DetailsMetinvest has laid claims to Dneprovsky Iron and Steel Works. On July 5 the Commercial Court of the Dniepropetrovsk region initiated the bankruptcy procedure of DMK. Metinvest is one of the suppliers of raw materials to DMK. “We have for a long time tried to settle with ISD (Industrial Union of Donbass, owner of DMK)…
DetailsAzerGold, a company engaged in the extraction of precious metals in Azerbaijan, is expecting new decisions from startups to optimize processes in the mining industry and develop existing potential, as well as to improve human resource management and increase professional knowledge. The company is expecting proposals for nearly all areas of its activity, ranging from…
DetailsChTPZ Group and Metalloinvest have held another meeting of the coordination council at UralSteel, where they discussed price, quality and sheet delivery issues. The sheet is used at Chelyabinsk Pipe Works to produce large-diameter pipes. UralSteel is one of the key suppliers of sheet steel to ChTPZ. Last year it shipped 270 thousand tons of…
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