Russia Metals and Mining

Russia reduces exports of semi-finished steel and flat products

In January-September 2019, exports of ferrous metals (72nd group of Foreign Economic Activity Commodity Nomenclature) from Russia amounted to 30.931 million tons.

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Russia to double coal exports to China

In the next 10 years, supplies of Russian coal to China will increase to 55 million tons per year, which is twice as high as in 2018.

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Vorkutaugol sets new production records in October

In October, Vorkutaugol produced 1.213 million tonnes of rock, setting personal records for coal mining and processing, concentrate output and shipment of finished products to customers.

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Seligdar to pay over 300 million rubles on preferred shares

Seligdar plans to pay dividends in the amount of 337.5 million rubles on preferred shares for the first nine months.

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Evraz: in 2020, demand for rolled metal in Russia to grow by 3.8%

According to Evraz's expectations, the demand for rolled metal in Russia as a whole will grow by about 3.1% during 2019.

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Since the beginning of 2019, coal production at Russian Coal mines has increased by 30%

Production of hard coal from the open pit mines of Russian Coal, a part of M. Gutseriev’s SAFMAR group, increased by 30% to 5.6 million tons. This was reported by Russian Coal.

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Azarga metals to finish drilling at Unkyur in Q1 2020.

The first results show the presence of copper-sulfide mineralization and can count on the expansion of the boundaries of the site.

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The government allows Petropavlovsk to buy 25% of Elginsk.

The government commission on foreign investment approved the purchase of the shares of LLC TEMI in the Amur Region by Petropavlovsk Plc (Petropavlovsk Group of Companies), according to the head of

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Alliance Altyn starts mining ore of Jeruy

Alliance Altyn (part of Russian Platinum group of companies) has started ore production at the Jeruy deposit in the Republic of Kyrgyzstan, the company reports.

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Net profit of Seligdar exceeds 1.26 billion rubles

In the first three quarters of this year, the revenue of Seligdar increased by 5.7% and amounted to 312.8 million rubles.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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