Russia Metals and Mining

Russian Federal Customs Service: export of steel semi-finished products grew by 3.6% in Q1

During the first quarter of 2019, export of ferrous metals (72nd group of Foreign Economic Activity Commodity Nomenclature) of Russia amounted to 10.914 million tons.

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Seligdar intends to increase dividends on preferred shares by 56%

Seligdar can allocate 337.5 million rubles for the payment of dividends for 2018 on preferred shares, which is by 56.3% more than in the previous year, it follows from the company's report on t

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"Seligdar" reduces revenue from the sale of gold by 62%.

According to the RAS report, the company suffered a loss in Q1.
The gold mining company PJSC "Seligdar" published a report on the financial results of RAS for Q1 2019.

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Polyus cuts Natalka’s capital expenditures by 72%.

Also in Q1 cash costs for production reduced.

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In 2019 "Uchalinskiy GOK" to extract nearly 1 ton of gold.

In 2019 JSC Uchalinskiy GOK (part of UMMC) expects to extract 951 kg of gold and 28.57 tons of silver, as follows from the company's quarterly report.

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In January-March, Polyus increased its net profit 2 times

In January-March 2019, the net profit of Polyus increased over 2 times to $528 million.

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Glavgosekspertiza allows Auriant to build ZIF Pravoberezhnaya.

LLC Tardan Gold (a subsidiary of the Swedish Auriant Mining) received a positive conclusion from the Krasnoyarsk branch of Glavgosekspertiza of the Russian Federation on design documentation for th

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UC Rusal expects 3% growth of demand for aluminum

According to assessment of UC Rusal, in January-March 2019, global demand for aluminum amounted to 15.87 million tons.

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In Q1, net profit of UC Rusal under IAS fell by 49.8%

In January - March 2019, the adjusted EBITDA of the Russian aluminum holding company UC Rusal under IAS decreased by 60.5% to $226 million.

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Zaporozhye Iron Ore Plant increases mining by 6%

In January-April 2019 the Zaporozhye Iron Ore Plant (ZZhRK, Dneprorudnoe, Zaporozhye region) increased iron ore production by 6.2% compared to the same period in 2018 - up to 1 million 505.3 thousa

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