The state enterprise Vostochniy Mining and Processing Works has concluded an agreement with Ukrzaliznytsia on transportation valued at 98.92 million UAH. The company will provide services of transportation in various railroad cars locally and abroad by the end of the year. The price of the services corresponds to the prices of the agreement signed between…Details
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Russian company NGK Resurs plans to invest 2.2 billion rubles in creation of a gold production facility at the Polyanka site, which was on November 19 included in the Nikolayevsk advanced development territory in the Khabarovsk region. According to the regional government statement on November 20, NGK Resurs plans to launch the facility in 2018,…Details
The State Committee of Industry, Energy and Subsoil Use has repeatedly put up for sale the Aksai limestone deposit, its website reported. According to it, the tender commission has set a value for the right to use the subsoil of the facility in the amount of at least $1 million. In addition, one of the…Details
In January-September Kyrgyzaltyn transferred over 459.51 million soms to the budget in the form of taxes and deductions, press service of the company reported. It is noted that 84.34 million soms were paid to the Social Fund and 375.17 million soms – in the form of taxes and dividends. In 2017 the company has also…Details
Revenue of the public stock company VSMPO-Avisma Corporation for 9 months of 2017 decreased by 1.4%, to RUB 55.115 billion from RUB 55.89 billion the year before, the company informed. The lower revenue is primarily attributable to the Russian ruble strengthening and a related reduction in the ruble equivalent of export revenue (the share of…Details
Pakistan intends to purchase 150,000 tons of coal per year from Uzbekistan as soon as the modernization of the Uzbek Shargunkumir JSC finishes, Shargunkumir JSC Director for Future Development, Investment and Capital Construction Sattor Saidov reported. He added that currently the company was not able to provide Pakistan with demanded quantity of coal because the…Details
Kazakh Aktobe Rail-Belt Plant LLP (ARBP) and Russian Railways signed an agreement on supply of 7,500 tons of R65 rails to Russia. The agreement was signed by the Head of Kazakhstan Railways Kanat Alpysbaev and the President of Russian Railways Oleg Belozerov at the 19th meeting of the Kazakhstan-Russia intergovernmental commission for trade and economic…Details
Seligdar will construct a mining enterprise on the basis of Samolazovskoye gold deposits in Yakutia. The estimated volume of investments will be 400 million rubles. The project will create some 100 jobs. The deposits are situated in the Aldansky district. C1 and C2 reserves of the primary ore for open-pit mining amount to 7282 kg.…Details
The representatives of the new owner of Nikolaev Alumina Works – Glencore – have promised to comply with the current contracts and keep jobs. “Glencore representatives arrived at the plant. They were shown around the enterprise and hold negotiations with the management. Glencore has confirmed that the transition period will last for some 6 months”,…Details
Dneprovsky Iron and Steel Combine has completed the capital repairs of its blast furnace No. 9, at present it is operating 3 blast furnaces. According to the company statement, since the blast furnace has been commissioned after repairs (October 27) and as of November 13, it has produced 24.536 thousand tons of pig iron. “The…Details
In January-September Dneprovsky Iron and Steel Combine produced 870 thousand tons of rolled metal, 891 thousand tons of steel, 855 thousand tons of pig iron and 1.321 million tons of sinter, all down by 45%, 43.6%, 43.8% and 51.5% YoY respectively. In October DMK produced 209 thousand tons of rolled metal, 208 thousand tons of…Details
Tajik Aluminum Company intends to increase aluminum output to 1 million tons per year. For this in 2018 it will start constructing a new aluminum plant and will completely modernize the existing one. The new plant will be constructed by Yunnan. The Chinese company has already prepared the feasibility study and is developing the design.…Details
Ruspolymet will cooperate with Hermith GmbH in the sphere of titanium wares supplies. According to the group chairman of the board Victor Klochay, Ruspolymet will supply titanium products manufactured of scrap. “In Q1 2018 we will commission the machinery to process scrap and produce titanium for various uses. For this order we will not use…Details