Zinc Plant of Chelyabinsk published a memo concerning the issuer’s intention to offer 70% of the upcoming initial public offering in GDR format at London Stock Exchange and offer 30% of the IPO at Russian Trading System, another bourse; the memo was published in Britain yesterday, reports Kommersant newspaper. According to the spokesperson for the plant, the company is planning to offer both the owners’ shares and the extra issue coming to 6.4% of the authorized capital; all shares were registered with the Federal Financial Market Service on October 12, 2006, when the issuer offered 325,173

Teyskiy subsidiary of Evrazruda (ore maker and part of Evraz Group) is fully prepared to launch the first stage of Izykhgoskoye deposit development, scheduled for early November. This first stage includes Yuzhniy mine and a number of roads, mains, a transformer substation, and a 36-km-long highway leading from the mine to the grinding and processing plant. The road will only be put into operation at the end of the year, but technical vehicles can already use it okay. After it receives four large Volvo dumpers, Teyskiy will start transporting ore from the deposit using this route. The

SverdlovEnergo, the regional power and electricity supplier, has begun the final stage of equipment checkups aimed at examining how well it is prepared for the winter, reports the company’s spokesperson. Fifteen substations of Talitsk Electrical Networks are being given scheduled repair, including the multi-faceted upgrading of Poklevskaya 110/10 kilowatt substation; four 110/10 kilowatt power transformers have also been fixed. The whole project has required 27.8m RUR of investments over the last nine months. Starting October 23, Talitsk Electrical Networks will also be examined by an ad hoc

Abagurskiy subsidiary of Evrazruda (Russian ore maker and part of Evraz Group) has introduced raw ore concentrate prophylaxis in the conditions of severe Siberian winters. This consists in using a facility fit for spraying the iron-ore raw stuffs with some special frost-preventing substance perfect when the temperature outside is below 40 degrees centigrade. The agent they will use is Universin –C antiicer; it takes between 2 and 4 kilos of fluid to protect one ton of concentrate, depending on the weather conditions. This new technology will allow the enterprise to ship the required amount of

A crime connected with the stealing of non-ferrous metals occurred on the premises of a substation belonging to Troitsk Electrical Networks (part of ChelyabEnergo). As the company’s spokesperson said to UrBC representative, the unknown offenders burgled into the substation located in the village of Stepnoye in the dead of night; they jettisoned the fuel in the transformer and stolen it as it had impressive non-ferrous metal content. The damage (not considering the restoration work to be done) is assessed as coming to 58,000 RUR. The technicians of ChelyabEnergo reported the transformer stolen