...
News
An Australian company has signed a contract with the US Department of Defense for the production of rare earth elements
U.S. industry will provide access to domestically produced heavy rare earth elements...
AVTOVAZ resumed car production
The AVTOVAZ conveyor was stopped for several days due to lack of components....
Metinvest reduced the use of its capacities by more than 40% due to the war in Ukraine
The decrease in production volumes led to significant changes in the structure of the steel product portfolio and the direction of sales - they were...
Belgium 'totally ready' to phase out Russian gas, says Energy Minister Van der Straeten
The approach of the Belgian government, which depends on Russian gas for only 6%, is that "prevention is better than cure."...
South Korea declares scrap metal a strategically important raw material
The events in Ukraine and the restriction of scrap supplies from Russia caused a sharp increase in prices for raw materials in South Korea, which is...
ALROSA refuses dividends due to economic sanctions
Alrosa is the world's largest diamond mining company...
Bulgaria began unloading the first tanker with American liquefied gas
American tankers with LNG were supposed to arrive in Bulgaria on June 8 and 23, but the first tanker arrived earlier....
TMK will develop the production of special steels
TMK has one of the most modern production facilities in the world and a wide product portfolio, which creates the basis for a constructive dialogue...
The United States imposed sanctions against the chairman of Severstal Alexei Mordashov
Almost immediately after the announcement of the sanctions, Severstal was disconnected from American software, including the software necessary for...
Rusal filed a claim for a 20% refund in the Queensland Alumina alumina refinery of the Rio Tinto concern
Rusal's lawyers believe that the Australian mining concern violated its obligations, and the personal sanctions imposed against the founder of...
Russian lead production plants are on the verge of closing due to a complete halt in exports
Europe turned out to be inaccessible due to sanctions, and it is impossible to establish sales in other directions, since the Ministry of Industry...
Salzgitter and LKAB have formed a partnership to decarbonize the steel industry
Within its SALCOS project, Salzgitter is working with partners from the steel industry and research institutes to achieve carbon-neutral steel...
20 advanced manufacturing industrial parks to open in Shenzhen
This move by the Chinese authorities is aimed at developing and supporting 20 strategically important emerging sectors, as well as eight industries...
Nigeria can turn Russian-Ukrainian conflict to its advantage - Lee Engineering Group
The hydrocarbon deficit in Europe gives Nigeria a very good opportunity to get huge investments in its gas distribution industry and build new plants...
Elon Musk wants to lay off 10,000 Tesla workers due to 'very bad feeling'
Musk's gloomy prediction of a looming US recession echoes recent comments from executives including JPMorgan Chase CEO Jamie Dimon and Goldman...
China will continue to build its industrial economy
The Ministry of Industry and Informatization of the PRC will increase its assistance to small and medium-sized enterprises and coordinate with other...
Ukraine plans to build 9 nuclear power units using American Westinghouse technology
Westinghouse and Energoatom intend to create a Westinghouse engineering and technical center in Ukraine, which will support the construction and...
Russian metallurgists stop production due to the strengthened ruble
Russian metallurgists have warned the government about losses and a forced reduction in production if taxes on the industry are not reduced and the...
Sberbank increased sales of precious metals by 3.8 times
Experts explain the increased demand for gold by the fact that during periods of market uncertainty and increased volatility, gold is considered as a...
DTEK Energy machine builders have manufactured a new tunneling machine
When assembling the harvester, machine builders used components from the best European manufacturers, which increases the reliability and safety of...
The Eurasian Economic Commission extended anti-dumping duties on steel from Ukraine
In particular, anti-dumping duties on the import of steel angles and ferro-silicon marshan into the territory of the Customs Union have been extended....
China to Increase Wind and Solar Power Capacity to Expand Use of Clean Energy Sources
China will accelerate the construction of large wind and photovoltaic power bases in deserts, while encouraging the development of distributed power...
Metinvest predicts a drop in steel production in Ukraine to 6.5 million tons this year
In the event of a protracted war, Ukrainian steel production will drop to 6.5 million tons this year, and if Ukraine wins the war with Russia, this...
DMZ helped IDPs from Donbass with temporary housing
It is planned to re-equip the entire building of the medical unit at the Dnieper Metallurgical Plant into a temporary residence center for refugees....
Ex-Billionaire Executives Sued in Glencore Bribery Case
U.S. Attorney General Merrick Garland Announces Pleading Guilty to Glencore of Bribery and Market Manipulation Schemes...
Glencore accused of bribery in London pleads guilty in the US
Glencore mining company settles bribery and market manipulation cases in UK and US...
