Metallurgy news

• Peru will produce 4 million tons of copper by 2019 According to industry analysts, Peru is on the right track and plans to compete with Chile, the world's largest copper producer, with 5.8 million tonnes of copper per year, in the coming years. Peru is currently completing several expansion projects for existing mines and developing new... 20.07.2014  13:46

• Gold price reacts to geopolitical tensions After a Malaysian passenger plane was shot down in eastern Ukraine, gold buying panic raged in the markets. As a result, gold recorded its largest daily gain in the past month. The Israeli offensive in Gaza also provides gold with additional support. But the strengthening of the US dollar... 20.07.2014  13:43

• Recycling e-waste has become an important challenge in the fight against environmental pollution Governments around the world are encouraging the recycling of e-waste. For example, the Indian Ministry of the Environment announced the launch of a new e-waste support system by providing financial assistance to e-waste firms. According to research carried out by various agencies, e-waste has... 20.07.2014  11:56

• TMK and LUKOIL approve cooperation program TMK, one of the world's leading manufacturers of pipes for the oil and gas industry, and LUKOIL signed a cooperation program for 2014-2016. The program provides for the launch of import-substituting and new types of high-precision pipe production that will meet modern needs in the oil and gas... 18.07.2014  14:43

• German consortium signs deal for iron ore project in Pakistan The Pakistani province of Punjab and a consortium of German companies have signed an iron ore exploration project at the Chiniot-Rajwa deposit. The German consortium GEOS represented by Managing Director Jürgen Hartch and the head of mineral development Arshad Mahmud signed the project. On the ... 18.07.2014  12:25

• Evraz steel output increased by 1.1 percent in the second quarter Evraz (Evraz) reports that the pace of steel production has changed slightly compared to the previous year, but this did not prevent the increase in production compared to the previous quarter. The company said the growth was due to improved operations at its plants in South Africa and Russia.... 18.07.2014  11:36

• Australian company reveals high reserves of copper and gold deposit in Kyrgyzstan White Cliff Minerals, an Australian mineral exploration company, has experienced a strong uptick in its shares following strong performance from the high quality copper and gold exploration program of the Chanakh project in Kyrgyzstan. The company's program is aimed at discovering gold and... 17.07.2014  16:32

• FIFA World Cup Boosts Aluminum Packaging Sales In Brazil By 35 Percent The FIFA World Cup has sparked an unusual increase in sales of aluminum cans in Brazil. The event pushed sales of aluminum cans to over 2 billion. Their sales in Brazil were up 35 percent in four weeks over the same period last year. The president of South America aluminum company Novelis says... 17.07.2014  12:10

• London Mining Increases Production By 21 Percent In Q2 London Mining, the largest iron ore miner, announced that its iron ore production in the second quarter of 2014 increased by 21 percent YoY. Recently, the company has modernized its processing plants, which has led to an increase in production. London Mining expects to supply about 4.9 - 5.4... 17.07.2014  11:16

• Turkish imports of steel billets up 103 percent The country's imports of steel slabs and blooms rose 35.73 percent year on year in May 2014, according to the Turkish Statistical Institute. Imports totaled about 428,829 tons, up 103.26 percent over the previous month of this year. Ukraine became the largest exporter over the past period in... 17.07.2014  10:46