Uzbekistan is emerging as one of the most attractive destinations for mining investment in Eurasia, according to former Uzbek Foreign Minister Vladimir Norov on LinkedIn. Over the past nine years, approximately $10 billion in foreign investment has been attracted to the country’s mineral and metallurgical sector, reflecting growing confidence from international partners in Uzbekistan’s resource…
KLW developed a modification of proprietary wheel design for the heavy haul line ULT 25 LL. The client will use our 920 mm wheels to transport ore from mines in northern Sweden, where temperatures can drop to -40 degrees C and axle loads reach 25 tons. The heavy haul line, called Malmbanan connects the mining city…
A copper ore enrichment plant has been built and commissioned in the city of Almalyk, located 52 kilometers from the Uzbek capital, the Uzbek Presidential Administration reports. The plant will supply raw materials to the Almalyk Mining and Metallurgical Plant. The plant was built on a 196-hectare site as part of the Yoshlik-1 deposit development…
The Ukrainian industrial company Interpipe has been working on diversifying its product portfolio and the geography of sales markets for more than ten years, focusing on strategic areas – Europe, North America and the Middle East. At the same time, the European market for the company currently remains a development market. This was announced by…
Baku Steel Company (BSC), a leading metallurgical company in the South Caucasus, continues to strengthen its position in international markets. Despite increasing protectionist measures in the global steel industry, the company successfully operates in the US and European Union (EU) markets. Last year, BSC’s total steel export volume exceeded 61,000 tons. The export portfolio includes…
In January-February, Ukraine decreased exports of iron ore raw materials by 40.9% YoY, to 3.3 million tons. According to the State Customs Service, in February exports totaled 1.25 million tons and in January – 2.05 million tons. Export revenue decreased by 42.1%, to $260.13 million. The main customers were China (33.37% of all exports in…
The Ukrainian industrial company Interpipe has optimized its resource management system, uniting all the company’s production and trading assets into a single digital space based on the updated x10 platform of the Ukrainian ERP system IT-Enterprise. The company’s press service reports this. According to the company, this will allow the company to centrally and promptly…
British mining company Anglo Asian Mining (AAM), which specializes in developing gold deposits in Azerbaijan, has achieved cumulative production of over 1 million gold-equivalent ounces since the launch of its mines in the country. AAM commenced gold and silver extraction using heap leaching technology from ore mined at the Gadabay open pit mine in 2009.…