In May Russia imported 3.5 thousand tons of raw zinc, down by 22.6% MoM, but up by 370.1% YoY. Kazakhstan and Uzbekistan decreased deliveries by 27%, while Peru increased almost 2-fold. In 5 months imports grew by 295%, to 22.4 thousand tons. In monetary terms since the start of the year imports have increased by…
Ex-CEO of the Ukrainian Tobacco Company LLC Andrei Duvanov has replaced Alexander Safin in the office of the CEO of Zinc (Donetsk region). The decision was taken at the supervisory board meeting on June 27. Duvanov has been appointed from July 4 for 3 years. In 2018 Zinc received 3.983 million UAH of net profit,…
In April Russia exported 22.8 thousand tons of zinc ore and concentrate up by 136.6% MoM and by 54.7% YoY. In 4 months exports grew by 9.9% YoY, to 87.8 thousand tons. Since the start of the year exports fell by 10.7% in monetary terms. (Ukrainian metal)
In January-February Kazakhstan produced 0.074 million tons of raw copper, up by 5.4% YoY. In February copper manufacture grew by 2.8% YoY, but dropped by 1.2% MoM, to 0.037 million tons. Zinc output in 2 months decreased by 4% YoY, to 0.052 million tons. In February Kazakhstan produced 0.027 million tons of zinc, down by…
According to Chelyabinsk Zinc Works commercial department director Alexander Pechenkin, in 2018 the zinc shortage on world market in 2018 was some 348 thousand tons. Its reserves dropped by 143 thousand tons, to 880 thousand tons. This year, compared with 2016, the forecast growth of zinc consumption in Russia will reach 20%. The zinc shortage…
The project to develop Ozernoye lead-zinc deposit in the Republic of Buryatia has been presented to the president representative in the Far East District, Yuri Trutnev, in order to receive state support. The license from December 2018 is owned by Ozernoye LLC. The deposit is one of the 10 largest zinc deposits in the world.…
Deputy chairman on Samruk Kazyna Alik Aidarbayev and the governor of the Kyzylorda region Krymbek Kusherbayev have laid the first capsule of the mining and processing works at the Shalkiya deposits. The plant is expected to produce 4 million tons of ore per year. Preparation to the construction started in May 2016. The cost of…
The construction of a plant to mine and process lead-zinc ores at the Pavlovskoye deposits is planned to be started in 2020. This year the design works on the enterprise will be finished. At the Pavlovskoye deposits the First Ore Company plans to process up to 3.5 million tons of ore per year. The construction…