The president of Uzbekistan Shavkat Mirziyoeyev has increased the subsoil use tax when mining for non-ferrous and precious metals on average 5-fold. The corresponding announcement has been published on the site of the National legislation database. The copper mining tax grew from 8.1% to 30%, metallic zinc – from 4% to 20%, gold from 5%…
A number of Chinese companies plan to carry out projects to mine tungsten, molybdenum and copper on the Ingichka plateau. According to the preliminary agreement, $50-55 million will be invested in the construction of infrastructure. Investors also plan to construct at least two mines. (Ukrainian metal)
Yakutia intends to create a priority development area on the territory of Ust-Tanskiy, Oimyakonsky and Tomponsky districts. The project will attract over 27 billion rubles of private investments and create some 1700 jobs. 4 anchor investors plan to mine and process tin ore, as well as precious metals ore and sands. The new PDA could…
Russia’s aluminum exports decreased by 43.1% MoM, to 172,000 tons in April, the Federal Customs Service said on June 6. In monetary terms, aluminum exports fell by 45.6%, to $325.9 million. In January-April exports rose by 15.7% YoY, to 1.013 million tons in volume terms, but dropped by 41.9%, to $1.952 billion in monetary terms.…
In Q1 Zabaykalye region yielded 929 kg of gold, up by 17% YoY. Tungsten concentrate output totaled 215.54 tons. Zinc and lead concentrate manufacture reached 13822.54 tons and 8091.45 thousand tons respectively. Coal mining totaled 5655 tons. (Ukrainian metal)
Representatives of the Belarus Universal Trade Exchange have visited one of the largest non-ferrous metals warehouses in Russia – in the city of Podolsk – and negotiated trade with the Galaktika Company. At present the company is one of the most successful trading enterprises in Russia dealing with wholesale of non-ferrous metals. The total size…
In January-September the St. Petersburg subsidiary of the First Cargo Company transported 108 thousand tons of ore and non-ferrous concentrates, up by 75% YoY. The subsidiary throughput in this segment increased by a third and reached 178 million ton-km. According to the company statement, the main cargoes are nickel matte, alumina and aluminum ore. Nickel…
In January-September Ukraine increased copper and copper wares imports by 56.4% YoY, to $62.24 million. According to the customs statistics, exports grew by 69.1%, to $92.725 million. In September copper imports totaled $7.911 million, and exports – $10.946 million. Nickel imports in 9 months dropped by 16.7%, to $55.721 million ($5.057 million in September). At…
