UrBC, Yekaterinburg, December 20, 2017. ChTPZ Group’s and Severstal’s 22nd Coordination Council meeting took place in Cherepovets this month. The event was attended by representatives of the Group’s production, technical, and commercial departments, the company press service reports. The two parties agreed to update their scientific and technological cooperation program. For one, they will work together on the corrosion-resistant rolled goods and new steel varieties for stamp-welded pipeline components at ChTPZ Group’s ETERNO. Severstal and ChTPZ Group also discussed the specifics of

UrBC, Yekaterinburg, December 20, 2017. ChTPZ Group was issued a syndicated loan of up to €150m (or U.S. dollar equivalent), the Group’s press service reports. This is an unsecured club-deal offer with a four-year loan period. A syndicate of international banks (Reiffeisenbank, Commerzbank (Eurasia), UniCreditBank, Rosbank, ICBC Bank, and Agricultural Bank of China acted as creditors and mandated lead arrangers. ‘This is a bi-currency credit line with upper limits at €65m and $35m. The CL can be extended to the extra €10 and $40m that can be provided by either the original creditors or the

UrBC, Chelyabinsk, December 20, 2017. Russian Copper Company Group’s Kyshtym Copper Electrolysis Plant in Kyshtym, Chelyabinsk Oblast is going to set a selenium production record for the year 2017, with the annual output at 57,000 kg. The last record (48,300 kg) was set in 2014, the Group’s press service reports. The plant managed to increase its selenium output thanks to fully switching to mineral raw stuffs supplied by Karabashmed. These stuffs have greater crude selenium content, which means Kyshtym Copper Electrolysis Plant’s engineers had to raise the refining department’s

UrBC, Chelyabinsk, December 20, 2017. Russian Copper Company Group’s Karabashmed now has a new set of equipment (total diameter: 24 m) to have its flotation tailings thickened, the Group’s press service reports. Switching to this new equipment will boost the plant’s copper concentrate output and will also enhance the facility’s environmental safety. Tailings thickening is necessary to ensure their reliable supply to the draining section from which ready-made copper concentrate and mortar sand come out. ‘In addition to this new unit, the plant also has five new aspiration units at its

UrBC, Yekaterinburg, December 20, 2017. EVRAZ Holding directed more than RUR 1bn to environmental initiatives at its metallurgical and coal-mining member enterprises this year, EVRAZ Holding Ural’s Corporate Relations Center reports. The company received Russia’s Ministry for Natural Resources & Environment award for its proactive environmental policy. Three of the holding’s projects were on Russia’s Year of The Environment list. ‘For one, the company launched its upgraded dry coke-quenching unit at Nizhniy Tagil Integrated Metallurgical Works (EVRAZ NTMK) during the recent EcoTech 2017