Russia Metals and Mining
The prospectors' team Kamchatka expects to produce at least 10 kg of gold this season.
This is the amount of re-evaluation of gold reserves of the Talikitsky site, the license for which is held by the controlled by the group enterprise.
In the first quarter of 2017, Chelyabinsk metallurgical plant (ChMK of Mechel) made the net profit under RAS in the amount of 950.3 million rubles, which is 2.3 times more than in the same period i
Uralelectromed JSC (in the structure of UGMK) in 2017 plans to invest over 4 bln roubles into the development, which is by 1.8 times higher than the investment in 2016, UGMK reports.
According to the short-term forecast of the World Steel Association, in 2017, the world steel demand will improve by 1.3% to 1.535 billion tons after growing by 1% in 2016.
In the first quarter of 2017, Alrosa reduced its net profit under RAS 2 times compared to the same period of the previous year to 21.1 billion rubles, the company's report says.
Coal export from Russia to Japan rose by 16% in 2016 against 2015 – to 18.54 mln tons, the Ministry of Energy reports.
In Q1 2017 Polyus increased the total volume of gold production by 17% to 450 thousand ounces against Q1 2016.
In the first quarter of 2017, UC Rusal reduced its aluminum production by 0.6% to 910 thousand tons from 916 thousand tons in the same period in 2016, the company reports.
The aluminum holding company of Oleg Deripaska UC Rusal for the first time since the crisis of 2008-2009, when the company had to refinance $16 billion of its debt, has announced a mega-project.