The authorities of the so-called Donetsk People’s Republic, a terrorist organization, supported by Russia, on the occupied territory of Ukraine, have started negotiations with the major mining companies of Russia on the delivery of raw materials. The non-existing Ministry of industry of the DPR informs that it is negotiating with the following: Lebedinsky and Mikhailovsky…
Public joint-stock company Ukrzaliznytsia has denied accusations of providing preferences for transit of Russian iron ore. “Now the level of transit tariffs if we compare them for similar distances for this cargo is higher by $5.6-7.5 per ton in contrast to domestic transportation. Even if the domestic tariffs are indexed, the tariff for iron ore…
Since the start of 2017 Ukraine produced 11.05 million tons of iron ore raw materials, down by 1.3 million tons YoY. In February average daily output totaled 130.2 thousand tons, up by 16.3 thousand tons MoM, with 5414.2 thousand tons produced, down by 219.3 thousand tons MoM. Severniy and Ingulets GOKs have decreased output by…
Vostok Engineering ponders the possibility of processing ore from the Tomtor deposits (Yakutia) in the Chita region or Krasnoyarsk Krai. “The ore will be processed outside of Yakutia – either in the Chita region, or in the Krasnoyarsk Krai. The final decision has not been taken yet, though”, the company managing director Segrey Sergienko said.…
In January-February Kazakhstan mined 5.884 million tons of iron ore, up by 14.4% YoY. According to the Statistics Committee of the Ministry of the national economy, copper ore output totaled 14.547 million tons, up by 54% YoY, and chrome concentrate – 668.3 thousand tons, up by 15%. (Ukrainian metal)
The Kremlin never recommended Metalloinvest and Severstal to start supplying iron ore to the self-proclaimed Donetsk and Lugansk People’s Republics, the Russian president spokesman Dmitry Peskov declared. At the same time, according to him, Russia does everything possible to “ease the situation” on Donbass. Earlier mass media reported on the readiness of the Russian metal…
The deputy chairman of the Russian government Dmitry Kozak suggested the major industrial groups to supply iron ore to the militants of the so-called Donetsk and Lugansk People’s Republics. In particular, Alisher Usmanov’s Metalloinvest and Alexei Mordashov’s Severstal representatives attended the meeting with Kozak. According to a source, the issue of iron ore deliveries to…
The Kemerovo region adopted a local decree “On taxation of organizations that mine iron ore”. Because of the iron ore price drop, the mining in the region has been on the brink of profitability for the past couple of years. The regional MPs decided to decrease the tax burden of the ore-miners. From 2013 to…