Tag Archive | "russia"

Chelyabinsk Zinc announced controlling stake to be sold

Friday, June 5, 2009

Chelyabinsk Zinc, Russia’s leading producer of the metal, it has obtained information from unnamed public sources that it will be sold to a consortium led by two copper miners. For full story, click here

Russia’s Copper Miner UMMC has its eyes control on Chelyabinsk Zinc

Wednesday, June 3, 2009

Russian copper miner UMMC is seeking to acquire Chelyabinsk Zinc from pipe maker CHTPZ, a department head at the Federal Anti-monopoly Service, which must approve the purchase. For full story, click here

Chelyabinsk Zinc posted net loss in 2008

Wednesday, April 29, 2009

Chelyabinsk Zinc Plant, Russia’s top producer of anti-corrosive metal, declared that it has made a net loss of $105 million last year, mainly due to low zinc prices. For full story, click here

Russia’s Chelyabinsk zinc to reduce next year’s production

Thursday, October 30, 2008

Chelyabinsk Zinc Plant, will slash its planned production for next year to 150,000 tonnes due to the global financial turmoil. Sergei Moiseyev, chairman of Chelyabinsk Zinc Plant, said: Tight credit has resulted in a slowdown in zinc consumption in Russia and abroad. These factors, combined with the steep decline in the price of zinc on the London Metal [...]

Basel in Talks with China’s Longxing

Wednesday, August 6, 2008

Basic Element (BasEl) is in talks with OOO Lunsin (LLC Longxing) on the joint development of the Kyzyl- Tashtyg zinc and lead deposit the internal Russian republic of Tuva. For full story, click here

Chelyabinsk Zinc Q1 profit declined by 80 percent

Thursday, July 31, 2008

Low metal prices resulted in 80 percent decline of Q1 profits of Russia’s Chelyabinsk Zinc. For full story, click here

Russia faces shortage of zinc

Tuesday, July 29, 2008

According to the First Mining Company, Russia  faces shortage of zinc. Boris Zubarev, head of the mining company, was quoted as saying: The Chelyabinsk Zinc Plant, the country’s main zinc producer, has to import zinc concentrate. For full news, click here

Lundin under pressure on Ozernoye project

Monday, July 21, 2008

Lundin minerals may be planning a voluntary exit from Ozernoye lead-zinc project in Russia. For more information on this story, click here

Chelyabinsk’s Zinc production grows

Monday, July 21, 2008

Russia’s largest producer of zinc, Chelyabinsk Zinc Plant reported that production of zinc and zinc based alloys increased 5.5 percent to 84,816 tonnes for the first half of 2008, as compared to the same period the previous year. For full news, click here

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