News. Russian non-ferrous metallurgy news

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

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

Norilsk Nickel’s Shareholders approved dividends for 6 months of 2017

The extraordinary general meeting (EGM) of shareholders of PJSC «MMC Norilsk Nickel», the world’s largest producer of refined nickel and palladium, held on September 29, 2017, approved the interim dividend for the six months of 2017 in the amount of RUB 224.20 (approximately USD 3.79) per ordinary share. The approved total interim dividend payout for six months of 2017 will amount to RUB 35.5 billion (approximately USD 600 million). The shareholders have set the interim dividend record date ...
10 March 2017., 14:14   comment

“Orenburg radiator” increased its sales

“Orenburg radiator” (enterprise of automotive industry of UMMC) increased sales up to 834.16 mln.rub for the first half of 2017. This indicator is 20% higher comparing to similar period last year. Largest sales growth is in the segment of radiators and intercoolers (by 36.8%), as well as radiators for harvesters (by 10.6%). In the range of high demand goods you can find pilot products for agricultural partners. The enterprise launched radiators for tractors K-744P1 and K-744P3 (manufactured ...
29 September 2017., 15:05   comment

A new induction furnace is used for gold casting at the “Uralelektromed”.

In the refining department of Chemical Metallurgical plant of JSC “Uralelektromed” (UMMC metallurgical enterprise), a new high efficiency induction unit was launched. The equipment is designated for casting gold into bullions. Its cost totaled 2.8 mln.rub. According to the deputy of plant supervisor Roman Voinkov, the unit “Parallel IPT-25-10”, which was produced in Ufa, had been developed against the enterprise’s special order within the framework of replacing and modernization of run-down ...
29 September 2017., 15:03   comment

More mining equipment delivered to Bystrinsky GOK

By the end of 2017, Bystrinsky GOK will receive over 30 new units of modern mining and auxiliary equipment. Overall, the initiative will see around RUB 4 bn in funding from Nornickel. Bystrinsky GOK added four BELAZ mining trucks to its fleet, with another six to be delivered by the end of Q3 2017. In Q4 2017, the fleet will also receive eight Caterpillar mining trucks with a payload of 90 and 180 tonnes, three Liebherr mining excavators with a 22 cubic meter bucket, two Liebherr bulldozers, ...
22 September 2017., 16:26   comment

BMC prepares “Chara” to receive personel in 2018

Baikal Mining Company LLC and TK Motor LLC concluded a contract for completion of construction, installation and finishing works required to commission Administrative and Hotel Complex “Chara” located in Novaya Chara settlement in Kalar District of Zabaikalie region. The completion of the works under this contract is planned for the end of 2017. The works will be financed from the company’s own funds. In 2018 Udokan Copper Project will see a significant increase of specialists and workers at ...
09 August 2017., 11:59   comment

JSC "Uralelektromed" introduced the European standard labeling for copper sulfate

JSC "Uralelectromed" (enterprise of metallurgical complex of UMMC) has introduced a new labeling for copper sulphate, in order to supply it to the European market as a supplement for animal feed. The new labeling was adopted by the company in accordance with clauses and rules of (EC) Regulation 1831/2003 of the European Parliament and European Council. Besides the labeling, a product usage specification for the animal feed production in languages of countries of export has been developed. Copper ...
09 August 2017., 11:48   comment

RUSAL invests USD 24 million in calcined coke production

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, has announced the launch of a new calciner at the Irkutsk Aluminium Smelter. The total project investment amounts to USD 23.7 million. In 2015, it was decided to upgrade the calciner #2 at IrkAZ to produce calcined coke supplied to the Sayanogorsk Aluminium Smelter for the production of baked anodes. Production capacity of the calciner is 72 ktpa. Currently Russia is short of calcination ...
17 August 2017., 13:44   comment

VSMPO-AVISMA Corporation and Rolls-Royce signed long-term agreements for supply of titanium products

VSMPO-AVISMA Corporation signed several long-term agreements with Rolls-Royce for the period up to 2026. Terms and conditions of all agreements differ from each other. According to the terms of new agreements VSMPO-AVISMA shall deliver rings, blisks and fan disks to Rolls-Royce for crucially new jet engines. The expected revenue from the agreements will potentially exceed $ 76 million.
08 July 2017., 16:04   comment

UC RUSAL invested over USD 1.1 mln in sulphate production

UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL/RUALR), a leading global aluminium producer, announces a commissioning of a two-stage gas treatment centre at the Krasnoyarsk aluminium smelter (KRAZ) producing sodium sulphate. Project investments amounted to USD 1.14 mln. A cutting-edge process developed by the Engineering and Technological Centre of RUSAL surpasses foreign-made counterparts by many characteristics: there are no liquid and solid waste discharges with a more efficient ...
08 July 2017., 15:55   comment

Ormet plans to launch underground mine

Ormet (part of Russian Copper Company) continues the construction of an underground mine at the Dzhusinskoye deposit, Chelyabinsk region. Currently, the surface obejectes of the mine is being assembled, ore is mined at the prepared site as part of a pilot project for approbation of development systems, which should guarantee the safety of mining operations. Ormet develops Dzhusinskoye deposit since 2004 with an open-pit mine. New mine will enable to develop its resources with the underground ...
17 April 2017., 13:00  

MCSP renewed plant equipment

Mednogorsky copper sulfate plant (MCSP, enterprise of UMMC’s metallurgical division) purchased a new front end loader for about 6 mln. rubles. The loader will be used at the area of briquetting and feed preparation for copper smelter to supplement a similar loader which is said to have been efficiently used. - Our plant equipment includes many items which are used at the production site of the company and are involved in the process of blister copper production, - comments Head of Tansport Department ...
14 April 2017., 06:00  

Rusal acquires share of Skad

Rusal acquires share of the foundry and mechanical production facility Skad, which is a producer of aluminium alloy car wheels, located in Krasnoyarsk region. Under the terms of the transaction, Rusal will own a stake in the authorised capital of Skad and its founder, Idris Zakriev, will remain as Chief Executive Officer of the production facility. Skad produces alloy wheels for the Russian and overseas auto markets and, due to the growing consumer demand, Skad’s management decided to raise ...
13 April 2017., 16:05   comment

Uralelektromed to launch new cathode stripping machine

Specialists of Uralelektromed (part of UMMC) visited one of Outotec branches, located in Kil (Sweden), where they witnessed tests of the new cathode stripping machine. It will be installed in the second stage of Tankhouse being under construction. According to Mark Shuklin, deputy head of technical department of Uralelektromed, the new machine will be similar in its functionality to that of the first stage. It will wash, strip and sample cathodes for their chemical composition to be determined, ...
13 April 2017., 06:00  

Chelyabinsk Zinc Plant put into operation an anode straightening machine

Under the ambitious process reconstruction program being implemented at Chelyabinsk Zinc Plant (part of UMMC), the anode straightening machine has been put into operation at the zinc cellhouse. The cost of Canadian equipment amounted to as much as 1.2 mln euro. The major product of the Chelyabinsk Zinc Plant is Special High Grade zinc with 99. 995% zinc purity, produced by electrolysis. Electrolysis is a process by which electric current is passed through a zinc-bearing electrolyte in an electrolytic ...
04 December 2017., 06:00  

Norilsk Nickel placed $1 bullion 6-year Eurobond offering

Norilsk Nickel closed of its $1 billion 6-year Eurobond offering with an annual coupon rate of 4.10%. The proceeds from the issue will be used for general corporate purposes and capital investments. The offering has attracted solid investors’interest both domestically and internationallyand the book was well oversubscribed. As a result, the offering has been successfully executed inside the Company’s outstanding Eurobonds’ curveand allocated between the following regions: Russia (37%), Asia ...
04 November 2017., 06:00  

Rusal and Runaya Metsource will establish joint venture

Rusal and Runaya Metsource, a company promoted by principal shareholders of Vedanta, have signed an agreement to create a joint venture on an equal basis in India (JV). The JV will set up a world class facility which specializes in the production of high technology aluminium pastes and powders with a wide range of high end applications, including innovative industries such as additive technologies and solar energy. India has ambitious growth plans in these sectors and Rusal shall bring in its ...
04 May 2017., 13:00  

Nornickel opened upgraded Murmansk transshipment terminal

Nornickel has completed one of the largest investment projects to date to develop transportation infrastructure in the Arctic. The official opening of the Murmansk transshipment terminal. The new logistics hub can annually handle 1.5 million tonnes of containerized cargo. Nornickel finished the upgrading of the second berth of its Murmansk Transport Division. The second project phase will enable the terminal to work at full capacity and almost double its cargo traffic, from 780,000 tonnes to ...
04 March 2017., 17:00  

Rusal is preparing to issue Panda bonds

Rusal has announced that it has registered its prospectus for a Renminbi denominated bonds issue (Panda bonds), totaling up to 10 billion yuan ($1.5 billion) with a tenor of 7 years. Rusal becomes the first overseas company with global operations outside of China that is seeking to offer bonds to investors within the Chinese debt market through this placement on the Shanghai Stock Exchange. Rusal can take the bond placement decision in the next 12 months following the registration of the prospectus. ...
02 August 2017., 14:00