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The converter No. 1 has been repaired in the metal shop of Karabashmed. Even though repairs provide for the faultless operation of the metal machinery, this fall the company intends to put three new Kumera converters into operation. Their capacity is 150 tons. Karabashmed will also assemble new gas-purifying equipment. (Ukrainian metal)
DetailsA new tungsten-processing plant and a mining-processing complex will be built in the Primorye region under the agreement with the Volfram Company, which also presupposes the stabilization of Lermontovsky GOK operations. Investments in all the projects for 2018-2025 are estimated at 1.5 billion rubles. Some 500 jobs will be created for the locals. (Ukrainian metal)
DetailsIn a year the Lipetsk-based Svobodniy Sokol will start producing pipes with the diameter of 1200 mm. The high-quality pig iron pipes will be used to construct main water and sewer pipelines in Russian regions and abroad. “We’re preparing to conclude a contract on the delivery of new pipe-making equipment with a company from Germany…
DetailsZaporizhstal is negotiating with European banks and financial organizations the issue of attracting a loan to construct a converter shop valued at over $1 billion. “We need to get loans, and that means trust in the first place. Unfortunately, the situation in the country has not changed for the past two years. And the political…
DetailsIn January Dneprovsky Iron and Steel Combine increased rolled metal output by 73% YoY, to 235 thousand tons. According to the company statement, steel output grew by 78.6%, to 234 thousand tons, and that of pig iron – by 95.3%, to 250 thousand tons. In December 2017 DMK produced 233 thousand tons of rolled metal,…
DetailsIn 2017 Rusal produced 3.707 million tons of aluminum, up by 0.6% YoY. In Q4 2017 output grew by 1.4% QoQ, to 944 thousand tons. Aluminum sales in 12 months increased by 3.6%, to 3.955 million tons, and in Q4 2017 by 3.3% QoQ, to 1 million tons. Average sale price was $2105 per ton,…
DetailsIn 2018 Rusolovo intends to mine 1600 tons of tin concentrate, up by 59% YoY. This corresponds to some 286 thousand tons of ore, up by 39% YoY. Last year Rusolovo mined 206.4 thousand tons of ore, with 131.8 thousand tons at Pravourmiyskoye LLC and 76.4 thousand tons at Tin Ore Company LLC. (Ukrainian metal)
DetailsThis year the gold-extracting company Pavlik intends to obtain some 7 tons of gold, up by 7.7% YoY. “In the first year of operation we mined around 1 ton of gold. In 2016 we produced 4 times as much, and last year we reached 6.5 tons”, the company CEO Vasiliy Makarov said. “This allowed us…
DetailsThis year Yakutia will increase silver output 2.5-fold YoY, to 80 tons. In 2017 silver output exceeded the target by 26.7%. Last year gold-extracting companies obtained 24.8 tons, up by 2.8% YoY. Ore gold mining grew by 10.3%, to 14.6 tons, while that of alluvial decreased by 6.3%, to 10.2 tons. (Ukrainian metal)
DetailsIn March Sibirsky Mining and Metallurgical Alliance (SiGma) will put into operation the first stage of Ozernovsky Mining and Metallurgical Works in Kamchatka. The first line will have the capacity of 100 thousand tons of ore (2 tons of gold) per year. The first year of operation will see some 1-1.5 tons of gold. The…
DetailsIn 2017 Zagorsky Pipe Works produced 146 thousand tons of pipes, up 4-fold YoY. Recently ZTZ has agreed with Severstal to buy 180 thousand tons of rolled metal for pipe manufacture. According to the company, pipe demand this year will range between 2.2 and 2.3 million tons, and in 2019 it will reach 2.5 million…
DetailsNLMK has commissioned a new crusher to process 12 thousand tons of wooden packaging a year. Investments in the project totaled 46 million rubles. Now the company will be able to process all its wood waste, while previously it used to crush only 1%. After crushing the wood splints will be used as raw materials…
DetailsGold output of GV Gold rose by 37% YoY, to 224,500 ounces in 2017, or 5% above the plan due to the launch of the Drazhnoye and Ugakhan deposits and a new dredging unit at the Bolshoi Kuranakh mine, the company said in a statement on February 5. The capacity of company’s processing facilities increased…
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