Ukraine: AMK owing over 870 million UAH for electricity

The Lugansk Power Enterprise LLC has published a list of debtors. According to the company statement on its Facebook page, Alchevsk Iron and Steel Works, situated on the temporarily uncontrolled territory but reregistered on controlled territory, owes it 870.584 million UAH as of November 24. DTEK Sverdlovantrazit owes 463.145 million UAH, DTEK Rovenkiantrazit – 2.131…

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Ukraine: Mariupol Ilyich carries on with large-scale modernization program

Mariupol Ilyich Iron and Steel Works carries out a major reconstruction program to improve its positions on foreign markets. Thus, the company has signed an agreement with Primetals Technologies Austria for the delivery of machinery to reconstruct the 1700 sheet-rolling shop valued at over $25 million. “The world metal market is changing and we are…

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Tajikistan: TALCO to start mining gold

In 2018 the Tajik Aluminum Company plans to start developing the Konchochskay group of deposits. The deposits have large reserves of gold, silver, mercury, antimony and other metals. “In 2018 we will start mining and processing gold, silver and antimony”, the company said. TALCO obtained the license to develop the deposits in December 2015. The…

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Russia: Izhstal repair shop turns 100

The metal machinery repair shop of Izhstal is 100 years old. In 1917 the main premises of the repair-mechanical shop were constructed. It also contained a smithy to produce horseshoes, nails, etc. In 1930s the shop organized a welding site, and after that the electrodes manufacture. During the war it produced parts for machine-guns and…

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