Russia

373 thousand tons of coal mined in Chukotka in the first seven months of 2019

In the first seven months of this year, volume of production of brown and hard coal in Chukotka amounted to 373.3 thousand tons.

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Lukoil to buy back 35 million shares from shareholders

Lukoil will buy back 35 million shares from shareholders.

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Russian plants actually maintained production volumes of low-pressure polyethylene in 2019

Domestic enterprises reduced volume of production of low-pressure polyethylene by 1% in January-July 2019. In July, the production figures remained at the level of June, Market Report informs.

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In Q2, net profit of En+ Group increased by 4.6% as a result of increased sales of aluminum

In the first six months of 2019, the net profit of energy metallurgical holding En+ Group under IAS decreased by 23.2% to $796 million, the company reported.

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EVRAZ sets up production of new rails according to the Korean standard

EVRAZ ZSMK successfully set up production of a new type of rail according to the Korean standard KS R 9106:2006R. Rails of the 50 N category are lightweight, they are designed for subways.

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Modernization of Bukhara refinery in Uzbekistan to require $553 million

The modernization of Bukhara oil refinery in Uzbekistan will be carried out in 3 stages, and the cost of the project will make up $553 million.

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NLMK supplies dynamo steel for the first wind farm in Rostov region

NLMK Group's flagship company, the Novolipetsk Metallurgical Plant, supplied one of Russia's largest manufacturers of electric machines, RUSELPROM, with electrical dynamo steel to produce g

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Mechel reduced coal production by 16% in the first half of the year

In the first six months of 2019, Mechel reduced coal production by 16% (to 8.136 million tons) compared to the same period in 2018. This was reported by representatives of the company.

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Rosneft reports on reduction in production by 1.7 million tons due to restrictions of Transneft

In the second quarter, Rosneft reduced its average daily production of hydrocarbons by 3.3% compared to the previous quarter due to the fact that Transneft temporarily limited acceptance of oil int

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23.79 tons of gold are produced in Kolyma since the beginning of the year.

Compared to the same period in 2018, precious metal mining in the region grew by 25.8%.

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