Russia, Iron ore
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,
Metalloinvest in 2016 showed the growth of the net profit by 5.3 times to $1.15 bln. The revenue fell by 3% to $4.26 bln, is said in the company’s report under IAS.
MMC Norilsk Nickel was ready to consider a proposal to participate in the development of the Udokan copper ore deposit, but such an offer had not yet been received, the general director and the mai
Metalloinvest denies negotiations on supply of iron ore to the Donetsk and Lugansk People’s RepublicsEdited by Rhod Mackenzie / 2017-03-16 10:27:18
Metalloinvest doesn’t negotiate on the supply of iron ore in the Donetsk and Lugansk People’s Republics, the company’s representative reports.
Since the beginning of the year, Korshunovsky mining plant (GOK, a part of Mechel) has installed four magnetic separators at the enrichment plant.
In January-February 2017, the cargo turnover of the Novorossiysk Commercial Sea Port Group remained at the level of the previous year, amounted to 23.8 million tons.
In the first decade of March 2017, the dispatch on the network of Russian Railways increased by 5% against the level in the same period of the previous year.
Severstal denies that supply of ore to the Donetsk and Lugansk People’s Republics was discussed at the Government meetingEdited by Rhod Mackenzie / 2017-03-15 01:42:11
Severstal has denied the discussion of the iron ore supply to the Donetsk and Lugansk People’s Republics at the meeting in the Government.
Metalloinvest and Severstal plan ore supplies into DPR and LPR.
Metalloinvest has published its financial results under RAS for 2016.