2018-02-13 13:15:14 RUSAL to complete a feasibility study for an industrial-scale scandium plant in 2018
RUSAL intends to complete the development of a feasibility study in 2018 for the construction of a scandium oxide production unit at one of its Russian operations.
Such a development adds to the Company completing another series of pilot-scale tests in 2017 to recover scandium oxide ...
2018-02-12 17:08:45 Norilsk Nickel and Russian Platinum sign strategic partnership agreement
PJSC MMC Norilsk Nickel, the largest producer of palladium and refined nickel in the world, and LLC Russian Platinum have signed a framework agreement on strategic partnership.
According to the agreement, the parties will establish a joint venture to develop disseminated ore deposits ...
2018-02-02 14:56:29 TMK Paid Off Eurobonds In The Amount Of US$231 Million
TMK, one of the world’s leading producers of tubular products for the oil and gas industry, announces full redemption of the loan participation notes due in January 2018 (ISIN: XS0585211591) in the total nominal value of US$ 231 million on January 29, 2018.
The US$500-million ...
2018-02-02 14:51:52 Metalloinvest announces Operational Results for Q4 2017 and FY 2017
Metalloinvest, a leading global iron ore and merchant HBI producer and supplier, and one of the regional producers of high-quality steel, today announces its operational results for the fourth quarter and full year 2017.
Iron ore products
In Q4 2017, Metalloinvest produced 10.1 ...
2018-02-02 14:49:07 Severstal announces 2018 capital investment programme
PAO Severstal ("Severstal"; "the Company"), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its capital investment programme for 2018.
Severstal plans to invest approximately 49.5 billion rubles in ...
2018-01-26 15:21:39 BMC proceeding with comprehensive environment impact assessment of Udokan Mining and Metallurgical Plant
These activities imply comprehensive assessment of compliance of construction and operation of Udokan Mining and Metallurgical Plant with the environmental requirements established by the Government of the Russian Federation with the aim to prevent negative impact that planned operation of ...
2018-01-26 15:13:52 TMK Announces FY 2017 And 4Q 2017 Operational Results
The following contains forward looking statements concerning future events. These forward looking statements are based on current information and assumptions of TMK management concerning known and unknown risks and uncertainties. TMK, one of the world’s leading producers of tubular ...
2018-01-26 15:10:02 Severstal reports Q4 & FY 2017 operational results
Severstal (MICEX-RTS: CHMF; LSE: SVST), one of the world’s leading vertically integrated steel and steel-related mining companies, today announces its operational results for Q4 2017 & FY 2017.
Q4 2017 GROUP HIGHLIGHTS
• Hot metal output increased 5% to 2.34 mln ...
2018-01-26 15:07:30 MMK Group Trading Update for Q4 and FY 2017
Q4 2017 highlights vs. Q3 2017
MMK Group’s total finished steel product sales in Q4 2017 (excluding intra-group sales) totalled 2,827
thousand tonnes (down 12.5% q-o-q).
MMK Group’s HVA steel product sales in Q4 2017 was 1,264 thousand tonnes (down ...
2018-01-18 15:56:49 10 Metal Supply and Sales Issues to be Shipped to Germany
Some time ago Metal Supply and Sales , the leading Russian steel industry journal and the General Information Partner of Metal-Expo event asked its readers to identify a person whose photo was published on the cover page of the January issue of Metal Supply and Sales.
By ...
2018-01-18 15:20:17 RUSAL invested over USD 30 mln in launching its first new generation RA-550 pots
UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUAL), a leading global aluminium producer, is pleased to announce the launch of pilot operation of eight new generation RA-550 pots at Sayanogorsk Aluminium Smelter. The total amount of investment in the project amounted to USD 30 ...
2018-01-18 15:15:40 MMK to build new sinter plant worth RUB 22 bln
Magnitogorsk Iron and Steel Works (MMK) is completing the final preparatory stage of work for the construction of a new sinter plant in Magnitogorsk. The current works include driving piles, laying foundations and installing the metal structures. The installation of the main technological ...
2018-01-18 15:09:30 IMH FY 2017 operational results
Industrial Metallurgical Holding (IMH), one of the world’s leading exporters of merchant pig iron and the leading merchant coke producer in Russia, reports its operational results for FY 2017.
Coking coal mined by IMH Coal division in 2017 increased to 2.83 mt., that is 28% more ...
2018-01-12 12:05:56 Mechel Reports Results of Ecological Awareness Year
Mechel PAO reports its results in the Ecological Awareness Year announced in Russia in 2017.
The Group’s production facilities implemented a series of large-scale projects in a bid to improve the ecological situation in the regions of its production and administrative operations. ...
2018-01-12 12:04:04 Metalloinvest announces new PXF deal
Metalloinvest (“the Company”), a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has signed an agreement with a сlub of banks for a USD 240 mn pre-export finance facility (the “PXF-2018”). New PXF has ...
2018-01-12 12:01:58 NLMK Group introduces SAP S/4HANA for Industry 4.0 solutions, first in the CIS
NLMK Group, an international steelmaking company with operations in Russia, the USA, and the European Union, is the first steelmaking company in the CIS to introduce new generation SAP S/4HANA business suite. This platform will not only streamline current business processes but also enable ...
2017-12-29 10:05:43 RUSAL reveals top 10 events of 2017
RUSAL has presented a list of the Company’s most important events and achievements in 2017.
The achievements form part of the Company’s key deliverables and demonstrate its strategy in action, which is to enhance RUSAL’s operational efficiency and environmental ...
2017-12-27 16:15:45 Norilsk Nickel signs a 5-year usd 2.5 billion syndicated facility agreement with international banks
PJSC MMC Norilsk Nickel announces the signing of a 5-year USD 2.5 billion facility agreement with the syndicate of international financial institutions.
Taking advantage of the current market conditions the Company achieved favorable terms of the syndicated loan supported by the ...
2017-12-26 12:58:33 LMZ SKAD lifts aluminium wheels production by 27% in 2017
RUSAL acquired a share of LMZ SKAD, one of the leading alloy wheels manufacturers in Russia, in April 2017. Following the acquisition, the implementation of RUSAL’s Production System and efficient processes have improved SKAD’s major business operations alongside the expansion of ...
2017-12-25 15:03:24 Metalloinvest and OMK summed up their cooperation results for 2017
Metalloinvest and the United Metallurgical Company (“OMK”) held a Coordination Committee meeting dedicated to their performance in 2017 and next year planning. The meeting held at JSC Ural Steel (part of Metalloinvest) was attended by Andrey Prosyanik, the domestic sales director ...
2017-12-25 15:01:46 Mechel Reports Izhstal Getting Export Loan from Eximbank of Russia
Mechel PAO (MOEX: MTLR; NYSE: MTL), one of the leading Russian mining and metals companies, reports that Mechel Group’s Izhstal PAO and State Specialized Russian Export-Import Bank (joint-stock company) (Eximbank of Russia) (part of the Russian Export Center) signed a loan agreement ...
2017-12-25 14:53:46 NLMK shareholders approve 3Q 2017 dividends and adopt revised versions of statutory documents
At the Extraordinary General Shareholder Meeting (EGM) held on 22nd December, NLMK shareholders approved payment of 3Q’17 dividends of RUB 5.13 per share.
The date upon which the shareholders entitled to 3Q’17 dividends will be determined was set as 9th January 2018. ...
2017-12-20 09:52:47 Environmental responsibility programs of the Russian Copper Company are presented to the UN
During a tour of the ECOTECH 2017 Exhibition, RF Minister of Natural Resources and Environment Sergey Donskoy and Honorable Forum delegate, UN Deputy Secretary General, Executive Director of the United Nations Program for the environment Erik Solheim visited the RCC stand. The Minister ...
2017-12-18 14:50:59 RCC receives an award for environmental activities in 2017
Karabashmed JSC (a subsidiary of RCC Group located in Karabash, Chelyabinsk region) has received an award of the Ministry of Natural Resources and Environment of Russia for a successful implementation of measures specified under an Agreement signed as part of the Year of the Environment in ...
2017-12-13 10:12:13 RUSAL sets up the infrastructure for data center at NAZ
RUSAL starts its data center project development at its Nadvoitsy Aluminium Smelter in the Republic of Karelia.
The data center will focus on providing IT services, including solutions for big data analysis, machine learning, and cryptocurrency mining-related operations.
AA!LAB ...
2017-11-23 10:35:19 Aluminium wiring returns to the Russian market
RUSAL announces that aluminium alloys 8030 and 8176 have been successfully approved by Russian authorities for the use in electrical wiring applications. This approval opens up new market opportunities for aluminium.
The Ministry of Energy of the Russian Federation has approved the ...
2017-11-21 10:52:12 RCC Takes Part in Russian-UK Raw Materials Dialogue
The Russian Copper Company presented its Smart Copper corporate production standard at the 1st Russian-UK Raw Materials Dialogue Trust and Cooperation — the Major Elements of Sustainable Development in St Petersburg.
Natalia Gonchar, RCC’s Director for EHS, discussed ...
2017-11-09 10:38:04 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 ...
2017-11-07 10:57:12 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 ...
2017-11-03 11:25:44 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. ...
2017-11-03 11:21:15 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 ...
2017-11-03 11:15:53 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 ...
2017-11-03 10:30:04 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 ...
2017-11-02 10:28:28 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 ...
2017-11-01 10:23:36 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 ...
2017-10-27 13:04:14 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 ...
2017-10-27 12:00:12 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 ...
2017-10-27 10:53:59 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 ...
2017-10-20 13:05:53 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 ...
2017-10-20 13:01:47 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, ...
2017-10-20 13:00:51 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 ...
2017-10-20 12:54:34 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 ...
2017-10-20 12:53:12 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 ...