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KLW has significant experience supplying wheels for high-speed segment, particularly for metropolitan and passenger cars in the USA, Thailand, Hungary and the Netherlands. In Turkiye, the company delivered 850 mm railway wheels for the HT 65000 passenger trains, which operated at speeds of up to 250 km/h. YHT, a Turkish flagship train service, transports thousands…
DetailsThe Deposit Guarantee Fund has announced a new auction to sell the rights of claim under two Prominvestbank loan agreements concluded in 2011 and 2013, secured by production assets and other collateral and surety related to the mining business of Andrey Brodsky’s Velta Group of Companies. The auction is scheduled for March 2. They will…
DetailsOn February 18, Feruza Khamidova, First Deputy Minister of the Ministry of Mining and Geology of Uzbekistan, together with ministry representatives, held a working meeting with the leadership of international companies Endeavour Mining and In2Metals, including Executive Vice President Sonia Scarcelli and Vice President for Exploration Eduardo Etchart. During the meeting, the guests presented information…
DetailsZaporizhstal Steel Works has begun supplying rolled steel to Metinvest Tubular Iasi (Romania), which joined the group at the end of 2025. Since the beginning of 2026, the company has shipped 22 thousand tons of hot-rolled steel from structural steel grades certified according to the European standard EN 10025. In total, this year it is…
DetailsThe Almalyk Mining and Metallurgical Complex (AGMK) has denied reports of possible violations in the conclusion of foreign contracts totaling over $200 million, allegations previously raised by the international investigative journalism network OCCRP. The OCCRP report suggested that some tenders might have been awarded to foreign companies exhibiting characteristics of “shell firms” registered in the…
DetailsThe British company Anglo Asian Mining (AAM, which develops gold deposits in Azerbaijan) plans to produce between 28,000 and 33,000 ounces of gold in 2026, compared to an actual production of 25,061 ounces in 2025. AAM’s silver production this year is projected to be between 170,000 and 210,000 ounces, and copper production between 20,000 and…
DetailsAs the largest metallurgical company in the South Caucasus, Baku Steel Company (BSC) has successfully completed the implementation of the SAP S/4HANA system as part of its digital transformation strategy. The system has been launched into commercial operation in real time. As a result of the project, all critical workflows at BSC, as well as…
DetailsIn 2025, 876.3 kilograms of gold were mined at Buchuk section of Solton-Sary deposit. The gold recovery plant at the deposit began trial operation in October 2024. The facility is designed to process 600,000 tons of ore per year, producing approximately 1.8 tons of gold. Investment in the project is estimated at 12 billion soms.…
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