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Kyshtym Electrolytic Copper Plant is improving the quality of packaging. The new scheme of copper wire rod packaging prevents damage in transit. The novelty has to do with the increase of the coil compression, which makes it more compact. Such coils are less subject to vibration in transit, and thus, to damages. (Ukrainian metal)
DetailsPJSC MMC Norilsk Nickel, the largest producer of palladium and refined nickel in the world, and Russian Platinum LLC have signed a framework agreement on strategic partnership. According to the agreement, the parties will establish a joint venture to develop disseminated ore deposits in the Norilsk Industrial District. The JV will be 50%-owned by Nornickel…
DetailsRUSAL intends to complete the development of a feasibility study in 2018 for the construction of a scandium oxide production unit at one of its Russian operations. Such a development adds to the company completing another series of pilot-scale tests in 2017 to recover scandium oxide from red mud on its new unit constructed at…
DetailsEnergomashspetsstal has shipped ArcelorMittal companies 345 tons of supporting rolls. According to the company press-service, the contract to produce rolls was signed in 2017. In particular, for ArcelorMittal Temirtau EMSS produced 197 tons of rolls for hot- and cold-rolling mills. 148 tons were shipped to ArcelorMittal works in Spain, Belgium and France. At present over…
DetailsThe state enterprise Toretskugol has ordered the Donenergoexport LLC the delivery of 300 tons of mine sections valued at 11.63 million UAH. The enterprise has ordered three types of sections with the length of 12 m: 150 tons of SVN-22, as well as 75 tons of SVP-27 and SVP-33 sections each. One ton of each…
DetailsAccording to the Svoboda Truda union chairman Igor Tokovenko, on April 18 the Severniy Mining and Processing Works employees will go on a strike. They intend to demand increase of salary, decrease of the working hours norms and setting up labor terms. Last year the State Fiscal Service found out that the enterprise did not…
DetailsRussian gold producer Polymetal International has signed an agreement with Russian Copper Company to exchange the Tarutinskoye field in Russia for 85% in the East Tarutinskoye field in Kazakhstan, Polymetal said in a statement on April 16. “As a result of the transaction, Polymetal will receive 85% of LLP Tarutinskoye, the license holder for the…
DetailsIn 2017 the Industrial Metallurgical Holding increased revenue by 32%, to 85.36 billion rubles. The company net profit dropped by 18%, to 7.6 billion rubles, while its gross profit increased by 38%, to 27.9 billion rubles. EBITDA grew by 45%, to 17 billion rubles. The company product prime cost increased by 29%, to 57.4 billion…
DetailsLemtrans, a leading private operator of railway rolling stock in Ukraine, concluded a two-year contract in the framework of long-term cooperation with one of the largest steel producers ArcelorMittal Kriviy Rih. This contract provides the consignor with the complex provision of the rolling stock for the supply of fluxes, coal and coke and export of…
DetailsAstana is gearing up to host the 25th World Mining Congress on June 19-22. Majilis member Albert Rau said that it would be a milestone event dated to the 60th anniversary since its establishment of the Congress in Warsaw in 1958. According to Rau, the establishment of the congress led to a significant breakthrough in…
DetailsRussia’s VSMPO-Avisma, the world’s largest titanium producer, is concerned that a proposed ban on supplies of titanium to the United States could squeeze it out of emerging markets. Russia will stop the supply of titanium, which is necessary for the production of Boeing aircraft, to the United States, Sergey Ryabuhin, the chairman of Federation Council’s…
DetailsBelarus Iron and Steel Works (BMZ trademark) plans to supply $40 million worth of products to Ukraine in 2018, the company’s representatives declared following the “Made in Belarus” expo. “As for the 2018 plans, we will probably sell 100,000 tons of products (around $40 million) to this market. We have ambitious plans. BMZ has a…
DetailsRussian aluminum producer RUSAL has abandoned an idea to ask the shareholders for a mandate to compete for a stake in Norilsk Nickel with Interros due to the new U.S. sanctions, it said in a statement. According to the statement, RUSAL will monitor the situation and can return to the move if sees it necessary.…
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