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On March 16, one of the mines in Donetsk region suffered an equipment breakdown. At the time, 31 miners were working in the mine. They were notified of the emergency. The equipment was restored within an hour. (Ukrainian metal)
DetailsIn 2023, net profit of the aluminum monopoly Rusal collapsed 6-fold YoY due to the drop in prices despite the growth in sales after the company reoriented to Asia. Rusal was hit by direct Western sanctions in 2022 following the Russian invasion of Ukraine. Last year, Rusal sales increased by 6.6%, to 4.15 million tons,…
DetailsThe United Mining and Chemical Company has lately concluded contracts to supply 80 thousand tons of ilmenite to end customers in the EU and agents in the USA. According to the company’s post on Facebook, despite the risk of the wartime, last year it was able to sell more than 102 thousand tons. Scheduled sales…
DetailsDue to military activities, substation equipment in Donetsk region was shut down resulting in the loss of power to almost 8 thousand household consumers and a mine. According to the Ministry of Energy, there were 5 miners underground during the shelling. The mine is being supplied with energy via a generator. (Ukrainian metal)
DetailsIn January-February, Oktyabr Railroad (the oldest railroad in Russia, connecting St. Petersburg with Moscow) transported 185.4 thousand TEU, up 1.8-fold YoY. In particular, transportation of non-ferrous metals decreased by 12.8%, to 1 thousand TEU. At the same time, transportation of ferrous metal grew by 10%, to 430 containers. (Ukrainian metal)
DetailsA Polish court overturned an environmental permit issued to one of Poland’s largest coalmines, Turow, finding that it was issued in violation of an agreement with the Czech Republic, on the border of which the mine was located. The ruling has been hailed by the environmental groups that have brought the case. But for now…
DetailsShareholders of the ferrous scrap private JSC Lvivmetal intend to hold an annual meeting on April 12. The shareholders plan to listen the report of the general manager on financial and commercial activity in 2023, as well as the supervisory board report. The net profit for 2023 in the amount of 224 thousand UAH will…
DetailsIn January-February, Almalyk Mining and Processing Works increased output by 20.3% from the target. Copper raw materials processing exceeded the target by 8.9%, with Copper Processing Factory-2 exceeding it by 7.5%. The plan for cathode copper manufacture of own raw materials was fulfilled and metallic zinc – was exceeded by 4.2%. Khandiza exceeded polymetallic ore…
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