MCC 2014 - page 46

Sibir-Polymetals
BuildsMine
Sibir-Polymetalsbuiltmore
than4kmof runawaysand
cleanedupmore than77sqm
ofmined rocksatKorbalikhinsk
Mine in2013currently
performingcapitaloperations
onmineopening. Since
February2013 thecompany
hasstartedshaftsinking. In
addition to that thecompany
buildsminewaters treatment
plants, administrative
buildings, astowingcomplex,
etc.Thedesignproject
includescommissioning
ofphase1ofKorbalikhinsk
Mineandbeginningofores
excavation in2014.The
company’s investments in
themineconstructionand its
infrastructureexceeded1.5bn
rubles in2013.
Uralelektromed
toModernizeCopper-
MeltingComplex
Uralelektromed, aUMMC
asset,plans tomodernizea
pouringaggregateofanode
furnace#3at thecopper-
meltingplant in2014.The
totalprojectcost reaches
about100M rubles.Theproject
includesengineeringand
settingup twoanodemounts
andaweightmeasuringunit.
According toA.Krestyaninov,
ActingChiefEngineer
Uralelektromed,during the
nextfivemonths thecompany
willpreparenecessary
technicaldocumentation.
Thesetup followedby
commissioningwok is
planned forQ42014.Thenew
equipmenthasenhanced
mechanicalproperties.Thus,
theanodemountdoesnot
requireadditionalequipment
for thepouringaggregate
anodes replacing,while
theweightmeasuringunit
guaranteeshighaccuracy
ofanodesweight.“These
solutionssuggestedby the
supplierensure reductionof
operationalexpenses, aswell
asexpenses for thepouring
aggregatemaintenanceand
repair.After the reconstruction
thepouringaggregateof
anode furnace#3willproduce
two typesofanodesused
incathodesproduction”,
saidA.Krestyaninov.The
modernizationof thecopper-
meltingplant ispartof the
programondevelopment
ofUralelektromed’scopper-
refining facilities.Currently,five
anode furnacesof350teach
areoperated in theplant.The
totalproductioncapacityof
theanode facilitiesexceeds
500kt/y.
ChelyabinskZincPlant
IncreasedZincOutput
by4% in2013
ChelyabinskZincPlant
produced166.357ktof
commercial zincofSpecial
HighGrade (SHG)and its
alloys in2013 (+4%compared
to2012:160.002kt).66%of
theproduceweresold in
thedomesticmarket.Nova
Zinc,operatorofAkzhal lead-
zincdeposit (sameowners
withChelyabinskZincPlant)
produced34,870ktofzinc in
concentrate in2013 (against
34.252kt in2012), lead in
concentrate:4.810t (+34%
compared to2012:3.586kt).
BrockMetal, asisterenterprise,
producerofzincalloys for
diecasting,GreatBritainsold
25.415ktofzincalloys in2013
(+3%compared to2012:
24.685kt).
KirovNon-Ferrous
MetalsProcessingPlant
ExceededProduction
Target
KirovNon-FerrousMetals
ProcessingPlant, aUMMC
asset increasednon-ferrous
rolledstockoutput to25.362kt
in2013 (+3%against2012:
24.604kt, theproduction target
for2013:25kt).Brass rolled
productsaccount for51.2% in
the totaloutput; copper rolled
products:43.7%;bronzeand
copper-nickel rolledproducts:
0.6%and4.5% respectively.
Thehighestgrowth is
registered incopper-nickel
alloysproduction including
themonetarybandsofМН25
grades.
“Copper-nickel alloys
production in2013grewsix
timescompared to2012due
to theplant’sperforming
theorder formonetary
bandsmanufacture forSochi
Olympicscommemorative
coins. Inaddition to that,
aconsiderablegrowth is
registered inЛ90,Л63and
Л68brassbandsoutput:
+40.8%,24.0%and16.2%
respectively, aswell as roofing
copperbandsoutput:+35.9%.
It isalldue to themarket
conditionand theabilityofour
enterprise toquickly respond
to themarket trendsensuring
timelyorderperformance
andkeepinghighquality
standards incompliancewith
NorilskNickel
to Invest $2bn in2014
N
orilskNickel BoardofDirectorsapproved the
company’sbudget for2014.Thedocument
focusingonqualityassetsand increase in
profitability fullymatches theprinciplesof the recently
adoptedNorilskNickel’s strategy.The sales revenue is
formedbasingon thecompany’s inner forecastswhichare
moreconservativeascompared toconsensus forecastsof
otheranalysts.
Thecompanyplans to sell 100%of itsproducts. The
profitability in2014will notbecome lower than in2013
due tooptimizationmeasures. Ingeneral, thecompanyas
an industry leaderwill keep strong financial performance.
The total capital investmentswill reach$2bn. Norilsk
Nickel plans to implement all its keyprojectsonores
geologicexploration, excavationand treatment, as
well asprojectsonelectricpower and transportation
developments. Thebudges, however ensures social
stability in the regionsof operation supportingexisting
social programs.
News
Non-Ferrous Industry
44
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