Metals and mining

Novokuznetsk aluminium plant to increase investment by 27.3%

The Novokuznetsk aluminium plant (Rusal) will increase its investment by 27.3% to 280 mln roubles, the head of Novokuznetsk aluminium plant, V. Zhirnakov, said.

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Production of copper foil grows by 89.7%

In the first quarter of 2017, the output of refined copper in Russia increased by 3.3%, the alloys on its basis fell by 22.7%, this follows from the materials of the Federal State Statistics Servic

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Ferrous metals export from the Ukraine to Russia grew by more than twice

In January-February 2017 the export of goods from the Ukraine to Russia made up $576.58 mln, which is by 54.4% higher than in January-February 2016, the State Statistics Service reports.

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Amur GMK produced 2.3 tons of gold in Q1

In 2017 the plant realizes a project of production modernization aiming for the increase of production up to 200 thousand tons of concentrate.

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In Q1, TMK Pipes increased shipment of pipes by 0.6%

In the first quarter of 2017, the pipe metallurgical company TMK, one of the largest producers of pipes for the oil and gas industry in the world, increased the shipment of steel pipes by 0.6% comp

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Gold production at Maysky made up 5.2 thousand ounces in Q1

The production volume fell by 51% compared with Q1 2016.

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The "Izhstal" plant (part of the Mechel Group) improves production indicators for Q1 2017 compared to the same period of the previous year.

Steel smelting increased by 39% to 75 thousand tons, finished steel production - by 24% to 80 thousand tons. Shipment of finished products increased by 43% and amounted to 91 thousand tons.

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The Zaporozhye iron ore plant will pay the Czechs, the Slovaks and Rinat Akhmetov 1.4 billion hryvnia in dividends.

On May 31 shareholders of PJSC "Zaporozhye Iron Ore Plant" intend to consider the issue of paying 1.361 billion UAH in dividends for 2014-2015, the company's message on holding a meet

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In 2016, Siberia-Polymetals invested over 1 bln rubles in development

Last year, Siberia-Polymetals (Altai region, a part of UGMK Holding) invested 1.80 million rubles in the development, the company's annual report informs.

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Severstal reports growth in price of pellets in Q1

According to the Platts, on April 20, the Russian company Severstal reported that its average quarterly prices for iron ore pellets grew to $86 per ton compared to the last year's figure of $36

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