Financial results

In 2019, Polymetal made profit of $586 million, and increased EBITDA by 38%

In 2019, Polymetal Int (combines assets of Polymetal JSC) made the adjusted profit under IAS in the amount of $586 million, which is by 31% more than a year earlier against the backgro

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Evraz finally gets rid of its vanadium asset in USA

In October 2019, mining and metallurgical holding company Evraz sold its American vanadium subsidiary Stratcor for $1, it follows from the company's report.

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Susumanzoloto increases its net profit to 3.1 billion rubles

Gold mining company Susumanzoloto has published its final financial report under RAS for 2019.

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Inventions of Evraz NTMK’s metallurgists brought 300 million rubles in effect for five years

Economic effect of patented inventions introduced at Evraz NTMK over the past five years amounted to more than 300 million rubles.

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Inter RAO UES' net profit increased by 14.2% in 2019

In 2019, the net profit of generating company Inter RAO UES under international financial reporting standards increased by 14.2% in comparison with the indicator of 2018 to 81.93 billion rubles.

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In 2019, development of Fandyushinskoye Pile deposit gave TIG A$18.8 million of loss

In 2019, the net loss of Australian Tigers Realm Coal (TIG), which develops the Fandyushinskoue Pole deposit in the Chukotka autonomous district, amounted to A$18.8 million (Australian dollars).

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UC Rusal enterprises produced 3.757 million tons of aluminum in 2019

In 2019, production of aluminum by UC Rusal’s enterprises amounted to 3.757 million tons, which corresponds to the indicators of 2018, as it follows from the company's report on operating

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Priargunskoye production mining and chemical association earned 11.9 billion rubles in 2019

Priargunskoye production mining and chemical association (part of Atomredmetzoloto, ARMZ) reduced its net loss by half in 2019.

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Norilsk Nickel asks for budget support for renovation and infrastructure costs

The Kommersant has found out what exactly Norilsk Nickel, whose profit of which in 2019 doubled to $6 billion, is asking from the state.

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RusHydro's net profit under RAS increased by 5% in 2019

In 2019, The RusHydro's net profit under RAS increased by 5.2% and amounted to 38.6 billion rubles, according to the company's reports.

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