S&P Global Ratings has affirmed the long-term credit rating of Uzbekistan’s uranium producer Navoiyuran at “BB-” while revising the outlook to “positive.” The improved outlook reflects the company’s strong operating performance and its strategic partnerships. In 2024, Navoiyuran produced 5,200 tons of uranium, significantly exceeding its planned targets, with 99% of revenue secured under existing…
Azerbaijan imported $99.013 million worth of steel from Turkey from January to November, 7.9% more than in the same period in 2024. In November, Turkey exported $10.504 million worth of steel to Azerbaijan, 19.1% more than the previous year. The largest importers of steel from Turkey were Romania ($1.230 billion, +5%), Italy ($1.255 billion, +2.7%),…
The rescue operation at a mine, were a pulp breakthrough occurred at the depth of 410 meters, lasted for more than 14 days. According to the Emergency Service, as the result of the accident two miners perished. Pulp is a mixture, consisting of small solid minerals (sand, granulated slag) and water. The Emergency Service eliminated…
President Ilham Aliyev amended the order dated February 22, 2021, approving the composition of the Supervisory Board of AzerGold CJSC. The head of state signed the new order. According to the order, Vugar Majidli, Head of the Economic Sector Financing Department of the Ministry of Finance, who is a member of the Board, has been…
Kazakhstan’s probable uranium reserves exceed 2 million tons, Energy Vice Minister Yerlan Akbarov has revealed at a plenary session of the Kazakh Senate. He announced Kazakhstan’s prospective uranium reserves surpassed more than 2 million tons. There are nine uranium provinces in Kazakhstan, including the Shu-Sarysu and Syrdarya basins, which are mainly represented by hydrogenic deposits.…
Interpipe, a global manufacturer of steel pipes and railway products based in Ukraine, has comprehensive experience producing pipes for construction projects in Europe, particularly bridges. The geography of the cases is quite wide: from railway bridge in Slovakia to suspension bridge over Gulf of Izmit in Türkiye. This year the company project portfolio has been…
The Russian attack on the peaceful town of Ternivka, Dnipropetrovsk region, has claimed lives of two DTEK miners – Vitaliy Korotich and Valeriy Kalinevich. “On the night of December 3, the Russians attacked the miners town of Ternivka with UAVs. Vitaliy and Valeriy were helping remove the debris and were killed by another UAV,” DTEK…
The Cabinet of Ministers of Kyrgyzstan has adopted a resolution imposing a six-month ban on coal exports. The corresponding resolution was signed by Adylbek Kasymaliev. According to the document, a temporary ban has been imposed on the export of solid fuels (classified under codes 2701 and 2702 of the EAEU Commodity Nomenclature for Foreign Economic…