Russia Metals and Mining

Metalloinvest to allocate 14.2 bln rubles to pay dividends for 2016

The holding company Metalloinvest will pay dividends for 2016 at the rate of 18.94 kopecks per one ordinary share on account of its net profit for 2016 and retained earnings of the previous years,

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UC Rusal determines new development strategy till 2021

More than 320 top managers of UC Rusal, including representatives of foreign offices, have gathered in Krasnoyarsk.

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Metallurgical companies oppose prolongation of industrial assembly in car industry

The  Aluminum Industry Association has proposed to abandon the continuation of the regime of preferential industrial assembly of cars and to force plants to purchase aluminum products only in

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Yakutugol puts into operation a new ECG-18 excavator.

JSC HC "Yakutugol" (part of the Mechel Group) commissioned a new high-performance excavator ECG-18.

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Tulachermet significantly increases its annual net profit

In 2016, a major producer of pig iron Tulachermet (Industrial Metallurgical Holding Company) significantly improved its financial resul.

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At least 3% of fields with different minerals in Russia are undistributed

The share of the undistributed subsoil fund in Russia for different types of minerals is at least 3%, said today the Minister of Natural Resources Sergei Donskoy at the meeting with President Vladi

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Production of copper concentrate hasn’t changed

In January-February 2017, the production of copper concentrates in Russia remained unchanged, this follows from the Federal State Statistics Service’s report.

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Taltek to increase coal production to 4.2 mln tons

The administration of the Kemerovo region and the Taltek Group have signed an agreement on their social and economic cooperation in 2017.

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Transit of ferrous metals from Kazakhstan to Russian ports grows over 3 times

According to the information of the Institute of Natural Monopolies Problems, in 2016, the volume of the transit via the infrastructure of Russian Railways to Russian seaports decreased slightly (-

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Norilsk Nickel is ready to discuss participation in Udokan development

Norilsk Nickel is ready to consider a proposal to participate in the development of the Udokan deposit (Trans-Baikal region), but such a proposal hasn’t yet been received, the company’s

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