Novgorodsky Iron and Steel Works has begun the final stage of copper electrolysis shop scrap-conveyor reconstruction. The conveyor transports anode remnants from the electrolysis shop to the copper smelting shop. Earlier all was done manually. Scrap was unloaded from the height of 1.7 meters, which made the process difficult and dangerous. The conveyor will be…Details
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The researchers from the Institute of Geology and Mineralogy have found gold-containing minerals at the Maletoyvayam deposits in Kamchatka. The prospecting was carried out at the order of the research company Elekhim. In particular, the new type of mineral contained compounds of gold with tellurium, sulfur and selenium. Gold can be found with silver impurities,…Details
Ingalinskaya-2 Mining and Processing Factory in South Yakutia has increased its coal processing capacities to 2.5 million tons per year. Concentrate output depends on the coal grade – from 40% to 63%. “The project capacity of the factory was 1.5 million tons. Last year we reached 1.7 million tons. The factory was put into operation…Details
Severstal has received electric compressors for Cherepovets Iron and Steel Works from Hanwha Techwin (South Korea). The cost of the investment project is around 1 billion rubles. With the help of the new machinery CherMK will decrease electricity usage by 27%. According to the contract, machinery was accepted last year at the Hanwha Techwin works.…Details
In 2017 Rusal increased revenue from $7.983 billion to $9.969 billion. Mostly because of the aluminum price rise by 22.7% (to $1968 per ton), increase in the primary aluminum and alloys sales by 3.6% and the growth of the high added value products sales from 44% to 47.3%. EBITDA grew by 42.4%, to $2.12 billion,…Details
Novokramatorsk Machine-Building Works will ship 4 ore mills to Yuzhuralzoloto (Russia). “The company has started fulfilling a large order to produce innovative ore mills for our long-time partner, to whom we have sent a dozen mills over the past 10 years”, NKMZ said in a statement. Four mills form the first batch. But the final…Details
In 2017 sales volume of metal products made by PJSC ArcelorMittal Kriviy Rih exceeded 5.4 million tons, out of which 64% accounted for finished products (rebar, wire rod and sections). Sales of square billet reduced by 4% comparing to 2016, from 33% to 29%. The considerable growth of sales was recorded in the segment of…Details
Vorkutaugol has started assembling a multi-functional safety system at the Vorkutinskaya, Zapolyarnaya, Komsomolskaya and Vorgashorskaya mines. In December 2017 the mines started receiving the Strata system components, produced in Russia, Kazakhstan, USA and South Africa. In January Alpha-Safety specialists arrived to implement the system. When the system is launched in July, its three main options…Details
AzerGold is looking for a contractor to carry out prospecting drilling. According to the company statement, the selection will be based on the results of an open tender. The cost of participation is 250 manats. The company accepts offers until April 13. The tender will be held on April 16. AzerGold was created on February…Details
In January VSMPO-Avisma manufacturing plan was 102.17% fulfilled. According to the company manufacturing director Oleg Ryabov, the shops Nos. 1, 20, 31, 37 and 38 coped with the task the best. Not even long New Year holidays prevented them from reaching the target. (Ukrainian metal)Details
In 2017 KAZ Minerals gross income from sales grew 2-fold YoY, to $1.938 billion. “The increase mainly has to do with the growth of Bozshakol and Aktogay input of $439 million and $462 million respectively, on the background of the strengthening market”, the group said in a statement. The gross income from the sales of…Details
In 2017 Russia increased metal exports to Ukraine by 9.3% YoY, to 602.3 thousand tons. According to the customs statistics, money-wise exports increased by 42.1%. These are the highest results since 2014. Flat rolled metal accounted for 46% of all exports, up by 14.3%. Sections exports grew by 0.5% to 40%. Steel pipes accounted for…Details
The state enterprise Pervomayskugol has ordered Erlite LLC the delivery of rubber conveyer belts valued at 78.94 million UAH. In particular, the enterprise has ordered 25450 meters of belt produced by Kursk Factory of Technical Fabrics (Russia). In late December 2016 Erlite supplied conveyer belts to Selidovugol at prices 23-26% lower. The goods have to…Details