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The court arrested 100% of the shares of the Kiev machine-building plant "Bolshevik"

The State Bureau of Investigation is investigating criminal proceedings on possible abuse by officials of the State Property Fund of Ukraine during...

10 out of 15 steel-smelting electric furnaces continue to stand idle in Ukraine

At the beginning of the year, 17 out of 21 blast furnaces, 7 out of 8 open-hearth furnaces, 12 out of 16 converters, 5 out of 15 electric furnaces...

A number of government decrees on energy supply to enterprises have been canceled in Ukraine

The Government of Ukraine has repealed outdated regulations regarding energy saving requirements....

Energomashspetsstal exported most of its metal products in 2021

Nevertheless, a small part of the products ended up at the metallurgical enterprises of Ukraine, including MK Azovstal, Ilyich Iron and Steel Works,...

Ferrexpo increases quarterly iron ore pellet production by 18%

Annual production of iron ore at Ferrexpo in 2021 remained at the level of the previous year due to prolonged stoppages for modernization....

DTEK Energo creates the first digital mine in Ukraine

The company monitors in real time exactly where people are at the production sites, the dispatcher and the engineering staff are promptly notified...

Iron ore prices jump on forecasts of steel production in China

China Iron and Steel Association announced its intention to achieve an ideal "balance of supply and demand"...

Elon Musk presented a video of the tower for the Starship launch to Mars

Robotics researcher Lex Friedman called the launch tower "one of the wildest engineering developments"...

Tesla sold a record number of Chinese-made cars

Highest sales since a US company started production in Shanghai in 2019...

Cryptocurrency Can't Beat Gold As Insurance Against Inflation

Barrick Gold Corp CEO Mark Bristow is more optimistic than analysts, many of whom are forecasting a drop in gold prices...

Europe's most advanced 3D printer for steel casting launches in Austria

The new equipment significantly reduces or even eliminates in-house finishing, as well as onsite welding and forging steps....

Dnipro Steel Works at the end of 2021 increased the production of rolled metal and coke

In December 2021, DMZ significantly reduced the production of iron and steel, and in January 2022 completely stopped the production of the main...

Tesla signs $ 1.5 billion contract to supply nickel from Minnesota

This agreement marks the start of an innovative partnership between Tesla and Talon to manufacture batteries directly from mine to battery cathode...

ArcelorMittal Temirtau expressed full support for the course of the President of Kazakhstan Tokayev

Employees of the largest mining and metallurgical enterprise in Kazakhstan are confident that a man with an iron will and steel fists is at the head...

Accidents and fatalities in coal mine accidents decreased in China in 2021

Last year, the mortality rate for the production of one million tons of coal decreased by 24% compared to 2020...

Zaporizhstal of Metinvest Group in 2021 donated more than 4,400 tons of medical oxygen to hospitals in Ukraine

Zaporizhstal Combine of Metinvest Group from April to December 2021 donated 4441 tons of certified medical oxygen to medical facilities throughout...

DTEK welcomes two more ships with American coal at the beginning of the year

DTEK Energy meets two more Panamax-class vessels with fuel from the United States. Yesterday, January 9, the seventh vessel with 75.5 thousand tons...

Dmitry Firtash's reports about the shutdown of Severodonetsk Azot were denied

Gas tariffs for the processing industry, greenhouse facilities, chemical industry, bakery, etc., according to the Ukrainian Union of Industrialists...

ThyssenKrupp starts a hydrogen electrolyser project in the Port of Rotterdam

Shell will be the customer for the 200 MW electrolyzer and the seller of "green" hydrogen to local industrial enterprises and transport...

China's new space station tests powerful robotic arm

The use of this technology will allow China to make a breakthrough in the construction of its space station...

Mariupol port in 2021 doubled the transshipment of steel in coils

A specialized complex for transshipment of steel sheets has been installed and is operating in the Mariupol port, which has no analogues in other...

Events in Kazakhstan wreak havoc not only on commodity markets, but also threaten global cryptocurrency mining

Possessing one of the cheapest energy resources in the world, Kazakhstan is the world's second largest supplier of cryptocurrency to the global...

Elon Musk has publicly expressed his opinion about Mark Zuckerberg and his Meta-universe

Musk said he has a better plan for creating a virtual universe...

Semiconductor shortage will persist for years to come

The global semiconductor shortage is expected to last several years after 2022 for the automotive industry and many other sectors, says German...

Riots in Kazakhstan did not affect the Baikonur cosmodrome

Currently, there are no NASA personnel or assets at Baikonur, so the current situation in Kazakhstan does not directly affect the agency...

Elon Musk explained why excessive taxation of billionaires is not effective

According to Musk, the government must play a certain role: the role of “arbiter”, not “player”....

General Motors lost the leadership in the US market to Japanese Toyota due to a shortage of chips

Thanks to the stock of microprocessors, the Japanese automaker was able to increase the percentage of sales - due to this, the manufacturer was able...

2022 will be the year of development of nuclear generation in Ukraine - Ministry of Energy

At the end of 2021, Ukraine began its chairmanship of the Energy Community. The Ministry of Energy regards this presidency as a serious opportunity...

The European Commission will give Hungary 24 million euros for the production of copper foil for batteries

Copper foil produced in the Hungarian region of Kozep-Dunantul (Central Transdanubia) will be specially used for batteries for electric vehicles....

Copper smelters stopped in Kazakhstan: how can this affect the world economy?

Employees of the foundry and mechanical plant in Kazakhstan's Zhezkazgan - the largest copper producer in Kazakhstan - Kazakhmys corporation put...

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