Irkutsk-based Service TechnoProm LLC has built Russia's biggest centrifugal concentrator for the mining industry, the Irkutsk regional government's press service said. "This equipment is designed to extract gold, platinum and other valuable metals when ores from hardrock deposits are processed. The Irkutsk model's capacity is up to 1,000 tonnes per hour, and there are very few concentrators like it in the world today," the report says, quoting Nikita Kiselev, CEO of Service TechnoProm. The equipment ...

Until 2022, Russia was heavily reliant on Europe for supplies of metallurgical and machine-building equipment. In 2021, Russian enterprises purchased approximately $1 billion worth of such equipment, including $700 million from EU suppliers. The main suppliers of metallurgical equipment were SMS Group (Germany), Danieli (Italy) and Primetals Technologies (headquartered in London). In 2022, a shift in trend was observed. In light of the recent trade restrictions, European firms have almost completely ...