At the initiative of the Ministry of Energy, the Cabinet of Ministers of Ukraine approved a protocol order to NNEGC Energoatom to provide the state enterprise Skhidny Mining and Enrichment Plant with repayable financial assistance in the amount of 555 million hryvnias. The loan is provided until the end of 2027. The funds will allow…
A long-term contract for the processing of rhenium-bearing raw materials was signed at the Kazakh Industry and Construction Ministry between JSC Zhezkazganredmet and Britain’s Maritime House Ltd. The offtake contract was signed in the presence of Kazakhstan’s Minister of Industry and Construction, Yersaiyn Nagaspayev. The five-year commercial agreement, valued at $107 million, marks an important…
The Azerbaijani state company AzerGold plans to establish a joint venture to conduct geological exploration work and evaluate promising subsoil areas in Uzbekistan. This was announced by the Chairman of the Board of the company, Zakir Ibrahimov. According to him, a framework agreement signed in June between AzerGold and the Ministry of Mining Industry and…
On July 1, the European Union’s new steel market protection mechanism entered into full force. The implementing regulation published on June 30 allocates country-specific tariff-rate quotas (TRQs) to Ukraine across nine product categories, amounting to 1,049,960 tons annually. Interpipe, a leading manufacturer of seamless steel pipes and railway products, believes that the quota allocation for…
The implementation of an investment project to develop the Oktepa silver deposit, valued at $50 million, is moving forward in the Pap district of the Namangan region. The governor of the Namangan region, Shavkat Abdurazakov, has recently visited the site to inspect the progress of the operations. The project is being executed by Great Fortune…
In April, KLW mastered and manufactured 100 pieces of passenger wheels with a diameter of 750 mm and 72 pieces of 1016 mm locomotive wheels according to the specifications of the end user – the Greek railway operator. In total, under the terms of a long-term contract, the company plans to supply 10 types of…
Russians have attacked a DTEK mine administration in Dniepropetrovsk region. A security employee was killed. Five people were wounded. Because of the attack, the enterprise was cut off grid. At that moment, 86 miners were underground. All of them were safely taken to the surface. The enterprise was severely damaged and its operation was suspended.…
In June, Zaporizhstal produced 301.2 thousand tons of pig iron, 284.9 thousand tons of steel and 243.7 thousand tons of rolled products. From January to June, 1,556.2 thousand tons of pig iron, 1,442.9 thousand tons of steel and 1,272.2 thousand tons of rolled products. (Zaporizhstal)