The Sayanogorsk Aluminum Smelter of the Russian aluminum giant UC RUSAL has slashed its power loading by 410 megawatts (MW) to 600 MW without warning, and is carrying out emergency maintenance works, the Energy Ministry’s emergency research center said in a statement on April 10. The Sayanogorsk Aluminum Smelter is RUSAL’s third largest producer of…Details
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In Q1 Amur Zoloto LLC produced 174.7 kg of gold. In particular, the Yubileyniy Mining and Processing Works at the Krasivoye deposits processed 25.3 thousand tons of ore. The output totaled 173.4 kg of gold and 109.9 kg of silver. In May the company will start working at the alluvial sites. (Ukrainian metal)Details
Buryatzoloto, the largest gold-extracting company in the Republic of Buryatia, intends to increase gold reserves at its Irokinda and Kholbinsky mines in 2018 by 4.2 tons. As of early 2018 the company balanced reserves amount to 18.7 tons. To increase the reserves, this year the company will have to drill 112 km of shafts, investing…Details
Yanolovo will start developing the Tirekhtyakhskoye tin deposits in 2019 with the support from a Chinese investor. Investments in the project are estimated at 4 billion rubles. The project will cover Russia’s domestic needs in tin. At present Russia buys tin from China, but its reserves are running low. Thus, in future some Russian tin…Details
Evraz NTMK has put into operation the new blast furnace No. 7. The volume of the furnace is 2200 cubic meters, and the project capacity – 2.5 million tons of pig iron per year. The blast furnace, one of the largest investment projects lately, has been constructed in just 18 months. This is the cleanest…Details
In February Zlatoust Electrometallurgical Works produced 1.64 thousand tons of corrosion-resistant bars, up by 90% YoY. Chromic rolled metal output increased 2.1-fold, to 564 tons, while that of nickel-containing metal – by 82%, to 1.08 thousand tons. In January-February stainless steel output totaled 3.3 thousand tons, up 2.1-fold YoY. Chromic rolled metal manufacture grew 2.6-fold,…Details
TMK Chermet has started carrying out the first stage of the two-year program to increase manufacturing capacities. In Q1 within the modernization of the site in Bataysk, near Rostov-on-Don, the company increased its automobile fleet. In particular, it has put into operation a new Kamaz, three truck tractors with three semi trailers and a Liebherr…Details
In January-March Yakovlevsky Mine extracted 250 thousand tons of ore, up 3-fold YoY, which met the business target. The company sold 270 thousand tons of ore, up by 8% from the plan. The average iron contents in the ore were 60.6%. In Q1 the mine put into operation a new ventilation system. The machinery valued…Details
Izhorsky Pipe Works has carried out capital repairs of its main machinery, having completed the spring repair campaign. “The repairmen only had three days. But despite the short terms, they coped with the ambitious task. The capital repair will provide for the stable operation of the machinery and will extend its lifetime”, ITZ CEO Dmitry…Details
Vesco Limited (Cyprus) has replaced the supervisory boards at Vesco, Druzhkovka Mine Group and Ogneupornerud. In particular, the office of UMG Investments CEO Andrei Gorokhov as a member of supervisory boards in all three companies has been prolonged from April 7 for 3 years. Polina Sarnikova left the supervisory board, and was replaced by UMG…Details
In March Dneprospetsstal increased steel output by 5.7% MoM, to 22.226 thousand tons. According to the company statement, rolled metal output grew by 5.9%, to 14.889 thousand tons. In January-March steel manufacture increased by 3.2% YoY, to 63.849 thousand tons, and rolled metal – by 2.2%, to 42.763 thousand tons. In 2017 DSS produced 256.6…Details
The Federation of Metal Makers of Ukraine forecasts losses of the mining and metal complex (accounts for 6-7% of diesel fuel consumption) at 2.5 billion UAH per year in case fuel gets more expensive because of imposition of import quotas. According to the Federation chairman Sergey Belenkiy, this accounts for both purchases of fuel and…Details
Zaporizhstal has successfully passed the re-certification audit of the hot-rolled metal correspondence to EN 10025-1 and the construction norms 305/2011. Cold-rolled coils and sheets have also been certified for the compliance with EN 10130. The audit has been carried out by TUV SUD. Zaporizhstal received EN 10025:2004 and EN 10130:2006 certificates in 2016. Since 2008…Details