Fincraft Resources of the main Petropavlovsk shareholder Kenes Rakishev will invest $200-300 million in the development of mines at the Gornostayevskoye, one of the largest cobalt and nickel deposits in Kazakhstan. The cluster will start operating in 3 years, with metal to be exported to South Korea, China and Russia. The deposit reserves are estimated…
In January-March, Ukraine decreased nickel ore and concentrate imports by 13.8% YoY, to 266.653 thousand tons valued at $12.696 million, down by 13.7%. According to the State Fiscal Service, Guatemala accounted for 60.62% of supplies and Indonesia – for 39.38%. In 3 months Ukraine neither exported nor re-exported nickel ore and concentrate. (Ukrainian metal)
In January-February Russia exported 675.8 thousand tons of aluminum valued at $1.232 billion, up by 49.4% and by 49.7% YoY respectively. According to the Federal Customs Service, nickel exports grew by 41.4%, to 26.3 thousand tons valued at $312.6 million, up by 27.4%. And the exports of copper went up by 4.9%, to 131.8 thousand…
The State Service of Geology and Subsoil Use has sold at the auction the special allowance to develop a nickel deposit to Tsvetmet Ukrainy LLC for 10.54 million UAH. This is the Prutovskoye site with sulfide-copper-nickel ores with the size of 15 square km in Zhitomir region. The initial cost of the allowance was 9.74…
In January-September the export of Russian raw nickel totaled 101.8 thousand tons valued at $1366 million. The export volumes fell by 1.5%, while revenue grew by 36.1% YoY. In September the average price was $11646 per ton FOB, up by 4.8% YoY. (Ukrainian metal)
In January-September Ukraine imported 1.12 million tons of nickel ore and concentrate, down by 16.2% YoY, valued at $54.43 million, up by 14.6%. According to the State Fiscal Service, the suppliers were Guatemala (71.02%) and Indonesia (28.98%). In the reporting period Ukraine did not export or re-export nickel ore and concentrate, just like in 9…
The State Service of Geology and Subsoil of Ukraine has put on sale on February 12, 2019 a number of licenses to develop subsoil. In particular, one of the auctioned lots will be a special license for the Prutovskoye sulfide copper-nickel ore deposits in Zhitomir region. The starting price will be 9.737 million UAH. (Ukrainian…
In January-August Ukraine imported 1.01 million tons of nickel ore and concentrate valued at $49.17 million, up by 16.4% and by 15.6% YoY respectively. According to the State Fiscal Service, Guatemala supplied 73.09% of nickel ore and Indonesia – 26.91%. In 8 months Ukraine neither exported nor re-exported nickel ore and concentrate, just like in…
