Russia, Ural mining metallurgical company UGMK
Buribaevsky GOK (enterprise of the UGMK’s raw complex) has updated its fleet of loading equipment.
UGMK plans to spend $1 billion annually on capital expenditures to increase the production, the company's general director Andrei Kozitsyn reports.
The Ural Mining and Metallurgical Company is about to increase copper production up to 0.38 million tons per year over the next 3-5 years.
Ural mining-and-metallurgical company (UMMC) is about to invest approximately 2.3 billion roubles into the capital construction of the Gaisky GOK (Orenburg region) in 2017 (the level of 2016), runs
In 2016 Cable Alliance Holding (unites the cable assets of UMMC) processed 37.5 thousand tons of copper. This is 12% more than the previous year (33 thousand tons).
In November this year, vitriol shop of Uralelectromed (an enterprise of the UGMK’s metallurgical complex) produced record 3.5 thousand tons of copper vitriol, which is by 30% more than the av
The stake of UGMK in the new company will be 75%, Rosneft – 25%.
UMMC will have 75% of participation share in JV, “Rosneft” – 25%
UGMK of Iskandar Makhmudov and his partners plan to complete the consolidation of 100% of Chelyabinsk zinc plant (CZP, the largest producer of zinc).
UMMC will invest about 2.2 billion roubles into the tapping and development of deep horizons (in the floor of 830-1310 meters) of the underground mine of Gaisky GOK, runs the company’s statem