Metals and mining

In 2013, the financing of prospecting and evaluation works and geological exploration at licensed sites of the Irkutsk region will increase 1.1 times to 14.5 billion rubles, the Head of the Subsoil Use Department in the Irkutsk region Olga Gaikova reported at the press conference on Wednesday.

A new deposit of precious metals will be developed on the border of the Penzhinskoye and Olyutorskoye districts (Kamchatka). The operation will start in summer 2013.
“The area is located near the lake Talovskoye, not far from the Ametistovoye gold field. There hold contests at present to define the company for an exploration of the deposit. They are to start operation in summer. After that we will be able to forecast the number of precious metals at the deposit,” the head of geology and licencing division of the subsurface department of Kamchatka S.Popruzhenko said to information agency “Kam24”.

Mechel, the leading Russian mining and metallurgic company, has reported the signing of cooperation agreement with Baosteel Resources Int. Co. Ltd (China).
During the official visit of the First Deputy Chairman of Russian Government Igor Shuvalov to Beijing, the cooperation agreement was signed between Mechel and the Chi+nese company Baosteel Resources Int. Co. Ltd. Mechel was represented by its Vice President on Commercial Activity Mikhail Urvantsev, who was a member of the official Russian delegation.

The plant Kolchugstvetmet (managed by UGMK-OTsM) has confirmed it’s technical possibility to manufacture products from “copper-tellurium” alloy. The alloys “copper-tellurium” are free-cutting and have high electric and thermal conductivity. They are insensitive to zinc leaching, which happen when applying leaded brass. They are used in part cutting at high speed, size to a high precision; in an output of welding machines components production; in an output of items with good slip property and high thermal conductivity.

“Kazakhstan moves to a new state policy in the subsurface sphere and high technology exchange is going to become a priority of the new state policy,” is said in an opening speech of the president of Kazakhstan N.Nazarbaev at the forum “Minex Central Asia-2013”.

MMK is going to  increase its shareholding at the market of the main metal consuming sectors, the director for business development and efficiency management of MMK E. Redin says at the fifth international forum ‘Reconstruction of industrial enterprises: breakthrough technologies in metallurgy and machine building’ held in Chelyabinsk.

In 2012, the production of precision rolled metal increased at the Kirov non-ferrous metal working plant (KZOTsM) 2.5 times as compared to the previous year, and its share in the total volume made up 1.86%.
As the Deputy Chief Engineer and Chief of the KZOTsM Technical Department, Sergei Mokeev told, in accordance with the program, two years ago construction of a modern equipment complex, which includes a high-speed rolling mill, slitting lines and lines of horizontal strand-type  annealing of very thin strands, was completed.

In 2013, Evraz - Dnepropetrovsk metallurgic plant n.a. Petrpvsky plans to increase the steel production by 29.5% as compared to 2012 or by 241.7 thousand tons to 1061.7 thousand tons, the enterprise’s financial accounting for 2012 reports.

The Ural mining metallurgical company (UGMK) intends to invest 823 million rubles into the development of the plant Electrozinc (an enterprise of the UGMK’s metallurgic complex) before 2017.

In 2012, MMK increased sort rolled steel production to 1.739 million tons, by 16% versus 2011 and by 60% versus 2010. Today MMK’s sort rolling capacities are fully loaded. Such a large level of growth happened in connection with the post-recession restoration in demand in the construction sector and the growth in supplies to the largest consumer of the combine, MMK Metiz. Dispatch to the enterprise was 507,700 tons in 2012 and 467,700 tons in 2011. Another large consumer is the construction sector. Last year supplies to that increased by 14%.