Severnoye Olovo, managed by Roman Abramovich’s Aristus Holding Ltd, decided to stop operating. The company had a license through 2028 to work at the largest tin deposits in Russia – Pyrkakai in Chukotka Autonomous District, but gave it up in November 2016. Pyrkakai reserves are estimated at 228.5 thousand tons of tin (the fourth place…Details
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In 2016 NLMK decreased delivery of steel via railroad by 1% YoY, to 12.13 million tons. 7.94 million tons were exported, down by 0.5% YoY, while local customers received 4.2 million tons, down by 1.8%. Total deliveries for 2 years were the highest in the last decade, with exports on the level of 8 million…Details
Evraz Kachkanarsky Mining and Processing Works continues developing quarries and modernizing its capacities. A new 13-ton dump truck was put into operation in early January, the thirtieth truck purchased under the project of implementation of the new type of ore mining and transportation at the Severny quarry. By April the works will have received two…Details
Administration of the Crimean Titanium Works in Armyansk in the Russia-annexed Crimea is firing Ukrainian citizens, violating the labor legislation. “To justify unlawful actions the Federal Security Service of Russia says such citizens could be implicated to the special services of Ukraine”, the Chief Intelligence Agency reports. (Ukrainian metal)Details
The State geology and earth service had to cancel the suspension of the license to mine gold-polymetallic ores at Beregovskoye deposits, following the ruling of the court. In 2012 the Karpatskaya Rudnaya Companiya received the license to work at the deposits. In March 2014 the state department of the geological control checked the company and…Details
In 2017 state mines, managed by the Ministry of energy and coal industry, are expected to increase coal output 1.6 times YoY, or by 3.336 million tons, to 9.125 million tons. “None should question our goal of mining 25 thousand tons of coal per day”, the minister Igor Nasalik said. In 2016 the ministry-run mines…Details
Zaporizhstal is finally going to replace its open-hearth shop with the new oxygen-converter shop. The city of Zaporozhye has been waiting for 20 years for the project to be implemented. Now the manufacturing process will be cleaner and safer. The construction of the new shop will decrease pollution 2-fold. (Ukrainian metal)Details
In January-October 2016 Russia produced 244.55 thousand tons of gold, up by 0.26% YoY. Silver output dropped by 9.9% YoY, to 897.65 tons. The first time when the Ministry of Finance provided precious metals output statistics was in 2014, when gold output reached 287.978 tons. (Ukrainian metal)Details
The Volyn region governor Vladimir Gunchik says there are no salary debts to state miners as of January 1. “As of January 1, the issue of debt to miners as to their salary has been settled”, he said. As of December 1, 2016 the salary debts to Volyn region miners totaled 8.792 million UAH. (Ukrainian…Details
Mines of the state enterprise Selidovugol have concluded contracts for the delivery of meat and water at really high prices. In late December 2016 “Rossia” mine bought 50 kg of meat valued at almost 200 thousand UAH, or 4 thousand UAH per 1 kg. Korner-Pak was the supplier of meat. “Rossia” bought 900 half-liter bottles…Details
Rusal intends to construct a terminal in the free port of Vanino with the alumina throughput capacity of 1.5 million tons. The capacity could be increased to 3 million tons per year. The investments total 5.4 billion rubles, with 2 billion planned on behalf of the state. (Ukrainian metal)Details
In 2016 Bratsk Ferroalloys Works, a part of Mechel, produced 31 thousand tons of FS-75 ferrosilicon, up by 27% YoY. The output growth has to do with the price and demand increase on world markets. Most of the products are exported to Japan, USA and Canada to be used in metal manufacture. In 2016 BZF…Details
Prices of the metal raw materials could decrease by 10-15% YoY in 2017, according to Severstal chairman Alexei Mordashov. “World steel consumption resumed its growth, but China is slowing down its steel production. I believe we can expect prices to start falling, though they are unlikely to drop below early 2016 level”, he said. (Ukrainian…Details
In January StalTrans plans to keep its metal wares shipments on the level of 2.7 thousand tons. According to the company statement, in December 2016 metal wares deliveries increased by 16% MoM, to 2.7 thousand tons. The growth was seen in wire (by 12%, to 1.5 thousand tons) and nails (by 37%, to 1.1 thousand…Details
The Krasnoyarsk Aluminum Smelter (KrAZ, part of Rusal) is to implement the construction of a new foundry complex for the production of cylinder ingots of 230 mm to 457 mm diameter. The capacity of the new production complex will comprise 120,000 tons per year. The foundry equipment installation is near completion. The complex is to…Details
According to the minister of energy and coal industry Igor Nasalik, 11 new long faces have been selected that can be put into operation in the near future and increase coal output. The ministry intends to mine some 25 thousand tons of coal per day. Nasalik also noted the mine debts for electricity, which reached…Details
In 2016 Ukraine produced 1.028 million tons of ferroalloys, up by 16% YoY. According to the Association of Ukrainian Ferroalloy Producers, silicomanganese output went up by 16.7% YoY, to 814.97 thousand tons, ferromanganese – by 19%, to 104.47 thousand tons, and ferrosilicon – 101.42 thousand tons, to 12.5%. At the same time production of metallic…Details