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Russia: Nornickel to resume work at Bugdainskoye if molybdenum prices grow

Russian metals giant Norilsk Nickel is ready to return to the development of the Bugdainskoye deposit in the Zabaikalsky region if molybdenum prices grow significantly, Sergei Dyachenko, first vice president and chief operating officer, declared. “We have done almost everything we could on the Bugdainskoye deposit. We have a project, a positive conclusion of the…

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Ukraine: Metinvest reselling DMK products to clear debts

Metinvest B.V. has started reselling a part of metal manufactured by Dneprovsky Iron and Steel Combine, which it receives as payment for raw materials, supplied previously and being supplied still. According to Maxim Zavgorodniy, the executive director of ISD, the owner of DMK, the works supplies only a part of its products to clear debts.…

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