In January-July Ferrexpo exported 5.87 million tons of iron ore pellets. In particular, Poltava Mining and Processing Works exported 4.705 million tons of pellets, while Yeristovo GOK – 1.165 million tons. At the same time Karelsky Okatysh exported 2.875 million tons of pellets, Mikhailovsky GOK – 2.148 million tons, Lebedinsky GOK (all three – Russia)…Details
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Russian gold producer Polyus has started hot commissioning of a processing plant at the Natalka gold deposit in the Magadan region, the company said in a statement on September 5. “Following completion of the hot commissioning, the company anticipates that full production will be launched at Natalka before the end of 2017 as earlier guided,”…Details
Ukraine: DTEK waiting for arrival of two ships with 150,000 tons of anthracite from South Africa in September 2017
DTEK is waiting for the arrival of two ships with anthracite from South Africa in the middle of September. “Each ship will deliver 75,000 tons of coal that is in short supply. Our thermal power plants – Kryviy Rih and Prydniprovska – would be able to generate enough electricity for Ukraine. These plants would help…Details
Azovstal Iron and Steel Works and Mariupol Ilyich Iron and Steel Works received the most VAT reimbursement in August. According to the State Treasury, Azovstal received 837.378 million UAH, Mariupol Ilyich – 558.834 million UAH, while ArcelorMittal Kriviy Rih – 426.475 million UAH. VAT reimbursement to all companies in August totaled 9.611 billion UAH. (Ukrainian…Details
In January-July Ukraine sold 1.185 trillion UAH worth of industrial products (goods and services), up by 26.6% YoY. According to the State Statistics Service, in July mining and processing industry sales increased by 20.6% YoY, including exports – by 24.9%. Metal products accounted for 17.8% of sales, while mining and quarrying products for 14.9%. (Ukrainian…Details
Chukotka has been decreasing gold output lately. The local authorities believe this is because of the thinning of gold deposits. In 2016 the region obtained 29.184 tons of gold, down by 9.17% YoY. “We are settling issues with new projects. We’re constructing electricity lines. We are prepared to work at the Kupol deposits, and at…Details
In January-August coal enterprises produced 23.592 million tons of coal, down by 9.4% YoY. According to the Ministry of energy and coal industry, coking coal output decreased by 24.5%, to 4497.3 thousand tons, power-generating coal – by 5%, to 19094.7 thousand tons. In August Ukraine produced 2543.2 thousand tons of coal, down by 26.1% YoY.…Details
Interest for using bank loan on investment project will be returned to Belarus Iron and Steel Works from the state budget. This is envisioned in the Council of Ministers’ decree dated August 31. The company will be paid back interest for using bank loan in foreign currency in 2013-2015. The payback will be in Belarus…Details
On September 4, Belarus Iron and Steel Works smelted the 50-millionth ton of steel. Each year the jubilee tons are reached sooner thanks to the reconstruction at the works. The 20-millionth ton was produced in 2004, 20 years after the production started. In early 2013 the works produced the 40-millionth ton. In 4.5 years BMZ…Details
Rusal announces the manufacture of the first in Russia high-voltage power transformer with aluminum winding. The project was carried out by the Engineering-Construction division in 2016-2017 within the program to improve the stability of electric equipment operation at Rusal aluminum plants. The first transformer has already arrived at the Bratsk Aluminum Works. Rusal plans to…Details
At the Horizon mine in the pro-Russia terrorist-occupied Makeevka following the accident at least two miners perished. The accident happened on September 1, when the mine was flooded. The body of a miner – the Makeevka citizen (born 1987) – was recovered. Soon after that the body of another miner was found – also Makeevka…Details
The Minister of Energy of the Republic of Kazakhstan, Kanat Bozumbayev, has dubbed the troubled facilities in terms of the preparation for the upcoming heating season. “In a number of regions, there are outstanding issues that require additional measures to ensure the stability of the upcoming heating season,” Kanat Bozumbayev said at a government session.…Details
The Supreme Commercial Court of Ukraine has left unchanged the ruling of the Kiev commercial court of appeals as to the volume of the main debt of Dneprovsky Iron and Steel Combine to Metinvest at 5.19 billion UAH instead of 2.566 billion UAH. At the same time the ruling of the Commercial court of Kiev…Details