Ukraine: SkhidGOK protected from bankruptcy until 2028

President of Ukraine Volodymyr Zelenskyi has signed the Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine on Improving the Functioning of Energy Markets, Competitive Conditions for the Production of Electricity from Alternative Energy Sources and Strengthening Energy Sustainability”, adopted by the Verkhovna Rada in February. The law, among other things, provides for…

Kazakhstan: U.S. investor to inject $1.1 billion into Karaganda region mining projects

Kazakh Minister of Industry and Construction Yersaiyn Nagaspayev met with Dominic Heaton, CEO of Cove Kaz Capital Group LLC. Nariman Absametov, Chairman of the Management at Tau-Ken Samruk, also participated in the talks. At the meeting, the parties discussed the current status and prospects of bilateral cooperation in the mining sector. They highlighted the strategic…

Ukraine: Zaporizhstal scale up veterans’ water rehabilitation program “Free Waves” in Zaporizhzhia

Metinvest Group and Zaporizhstal Combine will implement the “Free Waves” psychophysiological rehabilitation project for veterans and active military personnel in the region starting in 2024. In Zaporizhzhia, almost 300 defenders have already joined the program and undergone rehabilitation using a unique water rehabilitation method created by Olympic medalist Denis Sylantyev. In 2026, Metinvest will scale…