Found: 30

Where is Magnitogorsk Iron and Steel Works (MMK) Investing?

... Tikhova mine, which will allow for significant synergies with MMK-COAL, increase production volumes, and access a scarce grade of coal 2Zh. MMK Main Investment Areas: Modernization of Production Facilities: Construction of Coke Battery No. 12: In July 2023,... ... powerful coke battery in Russia, with a capacity of 2.5 million tons of dry coke per year, was commissioned, covering half of MMK's demand for this type of product. Smart-Lab Upgrade of Steelmaking Units: Investments are directed towards increasing productivity ...

Solar Power Plant in Gansu: How China Implements Innovations for Carbon Neutrality

... carbon footprint and decreasing reliance on fuel prices. Major fuel and oil companies, including operators of oil refineries and coal generation facilities, cannot ignore these trends. Many are already diversifying their businesses by investing in solar, ... ... in renewable energy technologies. Looking ahead, the growing share of renewable energy in the energy balance will impact the demand for oil, gas, and petroleum products, making participation in the energy transition strategically important for players ...

An expert suggested a way to stabilize fuel prices in Russia.

... The Ministry of Energy commented to RIA Novosti that prices are influenced by a combination of factors, ranging from seasonal demand to market conditions, and sufficient fuel reserves have been built up ahead of the fall season. However, according to ... ... includes, in particular, lowering Russian Railways' rates, which are currently significantly higher for oil producers than for coal shippers," Tereshkin added. For example, in 2022, Russian Railways' revenue rate—a metric reflecting the company’s ...

The export ban has slowed the growth of exchange prices for gasoline.

... Dmitry Gusev notes that it is too early to assess the ban's effectiveness. The market requires time to rebalance supply and demand. He attributes the sharp rise in AI-95 prices to a mismatch between consumption patterns—where AI-95 accounts for about ... ... Russian Railways' freight rate for oil and petroleum products was 948 kopecks per 10 ton-kilometers, compared to 281 kopecks for coal. Eliminating indirect subsidies for the coal industry could help lower costs for oil companies. These measures highlight ...

Where is Severstal Investing?

... company invests significant resources in raw material extraction to meet the needs of its metallurgical plants. Karelia Pellet: Increasing extraction volumes and building new enrichment facilities. Vorkutaugol: Modernizing mines and implementing safe coal extraction technologies. Digitalization and Automation Implementing artificial intelligence technologies for demand forecasting and optimizing production processes. Developing digital twins of production lines for monitoring equipment conditions and preventing accidents. Using Big Data to analyze production data and enhance operational efficiency. Environmental ...