Metallurgy news

Nornickel starts hot commissioning at Bystrinsky GOK

PJSC MMC Norilsk Nickel has launched hot commissioning operations at Bystrinsky GOK (Bystrinsky mining and processing plant). Bystrinsky GOK is located in the Gazimuro-Zavodsky District of Trans-Baikal Territory, 350 km from Chita. This area is home to the large Bystrinsky gold-iron-copper deposit containing total ore reserves of some 343 mt that will ensure the project’s operational life in excess of 30 years. Bystrinsky GOK will mine gold-iron-copper ores to produce copper, gold and magnetite ...
11 September 2017., 10:38   comment

Norilsk nickel group announces preliminary consolidated production results for 3d quarther and 9 months of 2017

PJSC MMC Norilsk Nickel, the largest refined nickel and palladium producer in the world, announces preliminary consolidated production results for the third quarter and nine months of 2017. First Vice-President — Chief Operating Officer, Sergey Dyachenko commented on the 9M17 production results: “In 3Q17 our nickel production increased by 10% as Talnakh Concentrator reached its design parameters and Norilsk Nickel Harjavalta nickel refinery restarted its operations after annual scheduled repair ...
11 August 2017., 10:05   comment

UC RUSAL to supply more than 500 tonnes of aluminium to upgrade Moscow’s tram fleet

UC RUSAL will be supplying approximately 510 tonnes of aluminium to be used in the production of aluminium tram interiors. As part of the project, UC RUSAL will provide aluminium for a total of 300 tram interiors. This is the world’s largest contract to purchase trams for a single city. The field of urban transport engineering is a new sector for UC RUSAL and one which has significant growth potential in Russia. The new Vityaz-M trams, which contain three compartments whose interior is entirely ...
11 July 2017., 10:57   comment

UC RUSAL reaffirms its environmental credentials with launch of new low carbon aluminium brand ALLOW

RUSAL announces the launch of its bespoke new low carbon aluminium brand, ALLOW, which features a significantly lower carbon footprint – specific volume of greenhouse gas emissions – as compared to the industry average. As demand amongst consumers grows for more sustainable and environmentally friendly aluminium, RUSAL has seized on the opportunity to utilise its unique access to clean, renewable hydro power to provide a product with a much reduced carbon footprint. ALLOW’s carbon footprint ...
11 June 2017., 10:13   comment

TMK presented new strategy to 2027 at its Capital Markets Day in London

PAO TMK ('TMK' LSE: TMKS) (the “Company”, the “Group”), one of the world's leading producers of tubular products for the oil and gas industry, presented its new ten-year strategy to 2027 and an update on performance at its 5th annual Capital Markets Day in London. The new strategy will reinforce TMK’s position as a leading supplier to the global OCTG market, the dominant supplier to the Russian oil and gas market, a TOP 3 OCTG producer in the U.S. and number 2 globally by financial performance. ...
11 March 2017., 11:25   comment

Mechel Signed Long-Term Coal Supply Contract with Itochu Corporation

Mechel PAO (MOEX: MTLR; NYSE: MTL), a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itochu Corporation. The agreement stipulates that Mechel is due to supply Itochu Corporation with up to 300,000 tonnes of washed steam coal produced at Southern Kuzbass Coal Company’s New-Olzherasskaya Mine. The price will be determined by mutual agreement without reference to any particular formula. Japan’s major cement and power ...
11 March 2017., 11:21   comment

NLMK ramps up PCI in BF Shop No.2

NLMK Group’s flagship production site, has completed guarantee testing of pulverized coal injection (PCI) technology at Blast Furnace No. 6 (with a capacity of 3.1 million tonnes per year), and at Blast Furnace No. 7 (with a capacity of 4.3 million tonnes per year). Tests confirmed that the equipment has reached design capacity. This technology involves co-injecting natural gas and fine coal particles into the blast furnace, resulting in reduced coke consumption. Replacing expensive raw materials ...
11 March 2017., 11:15   comment

Tominskiy Processing Plant Lays Foundations of the Production Facilities

The Tominskiy Processing Plant (Sosnovsky District, Chelyabinsk Region) has launched the construction of the main building of a plant and other production and auxiliary facilities. When completed, the plant will comprise 17 permanent buildings and facilities. The Tominskiy Processing Plant has received all the necessary construction permits for the enrichment plant facilities and related infrastructure. Excavation work has already been completed and the structural axes of the plant’s first key ...
11 March 2017., 10:30   comment

Kyshtym Copper Electrolytic Plant Boosts Cathode Output by 8.6% from January to September

The Kyshtym Copper Electrolytic Plant (Kyshtym, Chelyabinsk Region, a subsidiary of the Russian Copper Company) has released its production results for the first 9 months of 2017. During that time, the plant produced over 97,128 tons of cathodes, or 8.6% more than in the same period last year. Copper rod production increased by 6.1% to 72,784 tons, silver by 2.3% and gold by 30% in comparison with the first 9 months of 2016. "We’re planning to produce 128,000 tons of copper cathodes by the end ...
11 February 2017., 10:28   comment

Mikheevskiy Ore Mining and Processing Plant to Increase Copper Concentrate Extraction to 90%

The Mikheevskiy Ore Mining and Processing Plant (Varnensky district, Chelyabinsk region) plans to adopt a three-stage ore grinding technology which will produce finer ore particles than the existing two-stage crushing equipment. The separation of tiny impregnated copper particles from gangue material is expected to reduce the loss of valuable fractions in tailings and increase the extraction of copper from ore from the current 85% to 90% or more. The main supplier of the equipment and technology ...
11 January 2017., 10:23   comment

“Elektrokabel “Kolchuginsky Plant” mastered the production of silicone rubber insulated cables

JSC “Elektrokabel “Kolchuginsky Plant” (included in “Cable Alliance Holding”, integrating UMMC cable assets) mastered the production of silicone rubber insulated control cables NIKI. Unique properties of this innovative material ensures cables’ high fire-resistance designed for broadcasting signals from sensors to control equipment and for remote control of different machinery. Under flame silicone rubber turns into protective ceramic coat that prevents conductors from contacting each other, ...
31 October 2017., 14:19   comment

TMK highly appreciated advantages of Metalloinvest’s HBI usage

Dmitry Pumpyanskiy, Chairman of the Board of Directors of TMK, and Alexander Shiryaev, CEO of TMK, have visited Lebedinsky GOK and OEMK (part of Metalloinvest). During the visit, the management team of TMK learned about the production process of hot briquetted iron (HBI). During the visit to OEMK, the TMK delegation was introduced to Metalloinvest's steel production technology using direct reduced iron (DRI) as the primary raw material. Using DRI (chemically identical to HBI), will allow OEMK ...
27 October 2017., 13:04   comment

Severstal announces sale of Dneprometiz

Severstal announces that its subsidiary Cambay Services Ltd has completed the sale of its wholly-owned subsidiary Dealzone Holding Ltd which holds the 98.6% stake in Dneprometiz. Located in Dnepr, Dneprometiz is a Ukrainian business and former subsidiary of Severstal-metiz, the group of companies which unites Severstal’s metalware assets. The sale of Dneprometiz will result in greater efficiency improvements at Severstal-metiz and will further enhance the profitability of the Severstal group. ...
27 October 2017., 12:00   comment

Q3 and 9m 2017 NLMK Group consolidated financial results under IFRS

NLMK Group (MICEX and LSE: NLMK) is pleased to announce a 64% sequential growth in free cash flow in Q3 2017, to $533 m, and a 7% growth in EBITDA to $648 m. Group revenue in Q3 totalled $2.55 bn (flat qoq), driven by higher sales (+1% qoq) and 100% steelmaking capacity utilization rates (+2 p.p. qoq). Q3 EBITDA growth to $648 m (+7% qoq) was driven by the widening of spreads between steel product and raw material prices. 9M EBITDA increased by 31% yoy to $1,869 m, supported by Strategy 2017 ...
27 October 2017., 10:53   comment

New EcoSoderberg pilot site is launched at IrkAZ

RUSAL, a leading global aluminium producer, today announces the launch of an experimental reduction area at the Irkutsk Aluminium Smelter, which will operate under the EcoSoderberg technology. The total amount of investment in the project amounted to 540 million roubles. Implementing EcoSoderberg technology is one of the priority retrofitting projects for RUSAL. New generation potcells have a significantly reduced environmental impact, and bring increased energy efficiency to aluminium smelters ...
20 October 2017., 13:05   comment

Metalloinvest starts pilot operation of concentrate intake facility at Mikhailovsky GOK

Metalloinvest has started pilot operation of the concentrate intake facility at Mikhailovsky GOK. The Company has invested 1.3 bn roubles in the project. The maximum design capacity of the facility is 3.2 mn tonnes of concentrate per year. During the facility’s pilot operation, the Company specialists will adjust the equipment and operating models in order to operate at the design capacity levels. The facility will process the intake and unloading of Lebedinsky GOK’s iron ore concentrate, as ...
20 October 2017., 13:01   comment

Alexey Mordashov reelected as member of World Steel Association executive committee

The Board of Directors of the World Steel Association (Worldsteel) has elected Alexey Mordashov, Chairman of PAO Severstal, one of the world’s leading vertically integrated steel and steel-related mining companies, as a member of the association’s 2017/2018 executive committee at Worldsteel’s 51th General Assembly in Brussels, Belgium. Alexey Mordashov is the only Russian representative in Worldsteel’s executive body. The World Steel Association is one of the largest and fastest-growing global ...
20 October 2017., 13:00   comment

Murmansk Regional Duma deputies visit Kola MMC

Members of the Murmansk Regional Duma have held an on-site meeting at Kola MMC that focused on the company’s environmental protection policy and improvement in environmental performance. The deputies reviewed the company’s environmental efforts and the progress of the Year of the Environment initiatives. Regional MPs paid a visit to the disposal facility for saline effluent from nickel refining operations to assess the steps taken by the company to reduce its environmental footprint. Disposal ...
20 October 2017., 12:54   comment

IMH 3Q & 9M 2017 operational results

Industrial Metallurgical Holding (IMH), one of the world’s leading suppliers of merchant pig iron and the biggest merchant coke producer in Russia, announces its operational results for 3Q and 9M 2017. Production of coking coal by the Coal division for 9 months of 2017 amounted to 2.17 mt, that is 50% more than in the same period last year. The increase in production occurred due to the launch of the Tikhova mine and the second stage of Butovskaya mine in May 2017. Coking coal concentrate production ...
20 October 2017., 12:53   comment

EVRAZ Q3 Production Report

EVRAZ plc (LSE: EVR; “EVRAZ” or the “Group”) today released its operational results for the third quarter of 2017. Q3 2017 vs Q2 2017 OPERATIONAL HIGHLIGHTS: Consolidated crude steel output increased by 5.9% quarter-on-quarter to 3.5 million tonnes in Q3 2017, primarily following the completion of capital repairs at EVRAZ DMZ’ oxygen-converter plant and the ramp-up of EVRAZ Regina after the planned outage in Q2 2017. Production of steel products, net of re-rolled volumes, increased by 4.4% quarter-on-quarter ...
17 October 2017., 11:53   comment