This year, Krivoy Rog Iron Ore Industrial Complex intends to increase production of iron ore with the iron content of 58.94% by 8.6% YoY, to 4.67 million tons. It also plans to extract 5.47 million tons of iron ore with the iron content of 56.25%, up by 22%. In particular, the Oktyabrskaya mine has to…
On January 28, Uzmetkombinat, the largest ferrous metals producer in Uzbekistan, finalized a deal to buy 51% of shares of Li Da Metall Technology LLC. The deal was financed from the company own funds. Li Da Metall Technology is situated in Akhangaran. It was launched in 2020 by a Chinese investor. The company produces A400-A500…
In 2021, the Metinvest Group of Companies paid 52.7 billion UAH of taxes to budgets of all levels, up 2.4-fold YoY. This was also the highest amount of taxes paid by the group in its history. Profit tax accounted for 33 billion UAH, up 6-fold. (Ukrainian metal)