In September molybdenum concentrate manufacture in Armenia reached 1330 tons, down by 12% MoM, but up by 60.7% YoY, and ferromolybdenum – 668 tons, up by 33.9%, but down by 9.4% respectively. Concentrate output in 9 months amounted to 11 thousand tons, up by 31.8% YoY, and ferromolybdenum – 5600 tons, up by 12.9%. (Ukrainian…
In August Armenia extracted 1500 tons of molybdenum concentrate, up by 29.3% MoM, by 27.2% YoY and by 36.5% from the average result in the past 12 months. This is also the highest historical output. At the same time manufacture of FeMo reached 499 tons, down by 32.5% MoM, up by 27.3% YoY, and down…
In July Russia imported 36.6 tons of molybdenum including scrap, up by 30.4% MoM, but down by 4.7% YoY. Deliveries from China grew 2-fold, to 24 tons, while from Germany dropped by 16%, to 12 tons. In 7 months imports totaled 193.6 tons, up by 1% YoY. In monetary terms since the start of the…
In July Russia imported 111.3 tons of molybdenum ore, down by 62% MoM and by 54.8% YoY. Deliveries from the USA grew by 18%, to 47 tons, while from the Netherlands decreased from 128 tons to 64 tons. In 7 months imports totaled 1.8 thousand tons, down by 14.6% YoY. In monetary terms since the…
In June Russia imported 28 tons of molybdenum including scrap, up by 63.2% MoM and by 77.8% YoY. China increased supplies by 22%, to 12.2 tons. After a drop in May imports from Germany grew 2-fold, to 14.4 tons. In H1 molybdenum imports totaled 157 tons, up by 2.4% YoY. In monetary terms since the…
Rosteh is ready to start designing and constructing an enterprise to process tungsten-molybdenum ores in Tyrnyauz, Kabardino-Balkaria. A mine, a processing factory and a hydrometallurgical plant with the capacity of 4.5 thousand tons of tungsten oxide will be built. Investments in the project will total 20 billion rubles. The cost of the license to develop…
In June Armenia produced 1440 tons of molybdenum concentrate, up by 10.6% MoM and by 64.6% YoY, as well as by 43% from the average monthly result in the past 12 months, and the record one for the country. Ferromolybdenum manufacture increased to 674 tons, up by 1.6% MoM and by 12% YoY, after a…
After the processing works at the Tekhutskoye deposit resumes operation, Tekhut plans to increase employee number to 1 thousand people. According to some sources, the deposit, pledged to the Bank VTB earlier this year, which has invested $380 million in it, has been transferred to the management of the Russian Copper Company. The program to…
