Russian mining news

On Thursday 21 March, ALROSA’s supervisory Board approved 15 nominees to join its Board.

Aluminium production at the Kazakhstan Aluminium Smelter was increased 1.4% year-on-year to reach 258 400 t.

Mechel PAO reports refinancing its US$1 billion syndicated pre-export facility with a pool of international lenders.

The price will be determined on a quarterly basis following negotiations.

RCT has worked on an automation project with Caterpillar dealer Vostochnaya Technia at Polyus’ Olimpiada opencast gold mine in Russia.

Ingeteam will supply a variable speed drive for the mineral processing sector in Russian Federation.

Aspire Mining Limited’s rail subsidiary has received a PEA for a rail link between the company’s Ovoot project and the border with Russia.

3.3 million t of coal were produced from the Solntsevsky Coal Mine, Russia, owned by the East Mining Company in the first half of this year, 240% higher than the indicators of the same period last year.

Mechel is conducting a technical upgrade of the Korshunov mining plant in Russia.

Mechel PAO reports the successful completion of talks on restructuring the company’s 1-billion-dollar syndicated pre-export facility.