In 2022, Kametstal increased steel output by 68% YoY, to 1.56 million tons. In Q4 2022, the company produced 250 thousand tons of steel, down by 2% QoQ. Pig iron manufacture last year grew by 75%, to 1.48 million tons, and in Q4 2022 – by 22% QoQ, to 270 thousand tons. Last year, by-product…
Anglo Asian Mining PLC (AIM) company expects higher production of precious metals at the new Gilar deposit in Azerbaijan. According to the company, new drill results at the deposit confirm this expectation. AIM stressed that continuous gold and copper mineralization was expected to be extended up to 68 meters compared to previous drilling. Besides, according…
In February, the Navoi Mining and Processing Works’ group of specialists visited South Korea to get to know the activities of major manufacturing and hi-tech companies. In particular, the specialists have visited PNT INC, which is producing machinery to manufacture copper foil. Following negotiations, a memorandum of cooperation in manufacture of copper foil at NGMK…
Metinvest has resumed work at the Severniy Mining and Processing Works and Ingulets Mining and Processing Works that have been idle since summer of 2022. Thus, all three Metinvest GOKs in Kryvyi Rih, including Central GOK, are operating now. The operation of the two GOKs was suspended in order to minimize iron ore products stocks.…