Irshansk Mining and Processing Works, a part of the United Mining and Chemical Works, has made amendments to its contract with Energy Trade Group on natural gas delivery. According to the agreement, the works should have received 6.05 million cubic meters of gas valued at 45.38 million UAH, or 7500 UAH per 1 thousand cubic…
DetailsThe minister on the Antiterrorist operation and the occupied territories Vladimir Kistion said that Ukraine annually bought some 9 million tons of coal in Donbass. “This coal is mined by Ukrainian companies, registered on the Ukrainian territory and paying taxes to the state budget”, he added. Earlier the minister of energy and coal industry Igor…
DetailsFor the fourth year in a row the miners of DTEK Pavlogradugol were able to yield over 18 million tons of coal. Pershotravenskoye Mine Group was the first this year among DTEK companies to reach its annual target, and reach it in advance for the second year in a row. Mine named after Space Heroes…
DetailsKrasnoyarsky Krai metal output went up in 2016. In particular the regional companies increased lead output by 44.3%, that of primary aluminum – by 17.5%, of aluminum alloys – by 10.1% and of aluminum discs – by 37%, all YoY. Boguchansky Aluminum Works, a part of Rusal, will produce 150 thousand tons of aluminum. The…
DetailsSeverstal Steel Decisions, a part of Severstal Russian Steel, has already started planning deliveries for Q1 2017. At present the company is finishing deliveries of metal structures for the construction of a poultry farm in Tatarstan, pump machinery works in Orel region, logistics center in Vladivostok, etc. It is also producing metal structures for Tulachermet-Steel…
DetailsIn 2016 Zaporizhstal delivered over 540 thousand tons of metal to its customers via river transport through the Zaporozhye river port. River transportation allows the company to decrease logistics expenses and increase delivery speed. “We have worked out a stable logistics model of river transportation. Now the state has to develop this method and create…
DetailsIn 2015 Kyrgyzstan exported 9.9 thousand tons of gold concentrate, with 10.1 thousand tons exported in 2016. Most of the concentrate this year was exported to China. 6 Kyrgyz companies are involved in ore exports: Kyrgyzaltyn, Altynken, Kaidy, Full Gold Mining, Kazakhmys Gold and Kurandy Development. (Ukrainian metal)
DetailsAltynken works, built at the Taldy-Bulak deposits and valued at $285 million is still not operating. When the assembly works started the constructors found out that the copper content in the gold ore was higher than expected. So, Dore alloy can be extracted from only one third of ore, with the rest being copper. At…
DetailsIn November Russia produced 4.3 million tons of pig iron, 5.8 million tons of steel, 5.1 million tons of rolled metal and 0.8 million tons of pipes, up by 3.1%, 0.7%, 1.3% and down by 2.1% YoY respectively. In January-November pig iron output totaled 47.4 million tons, down by 1.3% YoY, that of steel –…
DetailsU.K.-registered Petropavlovsk Plc, which operates in Russia, has decreased its forecast for production of gold in 2016 to 415,000-430,000 ounces from 460,000-500,000 ounces with an average production cost of about $700 per ounce, the company said in a statement. The new forecast followed re-estimation of the impact from suspension of production at the Andreyevskaya deposit…
DetailsGomel-Raton Free Economic Zone (Gomel-Raton FEZ) hosted a new resident – KolosEuroTech, planning to manufacture high-precision metal products. KolosEuroTech is a Belarusian-Polish joint venture, intended to invest more than $1 million in high-precision metal production at Gomel-Raton FEZ. Gomel-Raton FEZ is now home to 81 resident companies. (Prime-TASS/Ukrainian metal)
DetailsA new long face has been put into operation at the Osinnikovskaya mine, a part of Evraz. Its deposits are estimated at 1720 thousand tons of coking coal. In early December the mine reached its annual output plan in advance, yielding 1.5 million tons of coal. Such a result has been achieved for the first…
DetailsArcelorMittal Kriviy Rih reports pressure on the company on behalf of the law enforcing agencies. “80 managers have been called for interrogation to the prosecutor’s office. This is a pressure in hope that we would share something with these people. Most of them serve in law enforcing agencies”, the company CEO Paramjit Kahlon said. He…
DetailsMariupol Ilyich Iron and Steel Works CEO Yuri Zinchenko says he will oppose Ukrzaliznytsia’s cargo transportation tariff increase in 2017. “Another round of this story begins. But I think we will battle them, though I’m unsure if we will succeed. It’s easier for Ukrzaliznytsia to increase tariffs to survive another year instead of modernizing and…
DetailsChinese businessmen will invest $2 million into the project of copper-gold concentrate production in Kentau. The factory is expected to produce some 200 tons of products per day. Within the program a processing shop with the capacity of 65 thousand tons per year will be reconstructed in Kentau. Ore will be supplied from the Yubileynoye…
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