Prime Minister Olzhas Bektenov, on a working trip to Kostanay region, has visited local industrial companies. The region’s industrial output in 11 months of 2024 is estimated at 2.5 trillion tenge, with the share of processing industry reaching 72%. The region has implemented six major industrial projects worth 124.7 billion tenge, creating 1,301 jobs. Caspian…
Mines are being shut down on the temporarily occupied territories of Lugansk region, which affects operation of the heating infrastructure. “Due to the lack of “A” grade coal, the thermal power plant in the town of Schastya had to switch to gas during the current autumn-winter season. The decision was approved by the Russian ministry…
Gedik Kaynak LLC, a resident of Neftchala Industrial Quarter under the jurisdiction of the Agency for Development of Economic Zones under the Ministry of Economy of Azerbaijan, has exported electrodes for the first time. 150 tons of products were sent to Iraq at the initial stage. Gedik Kaynak LLC was registered in 2021 as a…
In January-October, enterprises of the mining-metallurgical complex of Kazakhstan invested around 1.1 trillion tenge in the development of the industry. Compared with 2023, investment volumes remain unchanged. The combined share of investments in the extraction and processing of metal ores in the overall investments in the industry grew by 3%, to 20%. In particular, investments…
In January-November, Ukraine increased aluminum ore and concentrate (bauxite) imports by 82.3% YoY, to 30.14 thousand tons. According to the State Customs Service, expenses grew by 78.2%, to $3.672 million. The main supplier was Turkiye (76.74% in monetary terms), followed by China (21.06%) and Spain (2.12%). Ukraine didn’t re-export bauxites in the period. (Ukrainian metal)
In January-November, Ukraine increased ferrous scrap exports by 62.4% YoY, to 261.578 thousand tons. According to the State Customs Service, revenue grew by 76.8%, to $82.05 million. The main customer was Poland (82.56%), followed by Greece (12.58%) and Germany (3.49%). In November, Ukraine exported 34.6 thousand tons of scrap, up from 24.54 thousand tons in…
Metinvest has suspended operation of its vertical mine No. 3 near Pokrovsk. Other group assets in Pokrovsk, including two more mines, continue operating. These mines are situated on a safer distance from the combat line. The three mines are the onsly mines in Ukraine yielding coking coal, a key resource for the metal industry. Metinvest…
In January-November, Almalyk Mining and Processing Works exported goods worth $578.796 million. The result exceeded the target by 15.4%. In particular, the company exported 49.698 tons of copper products and 27,134 tons of zinc products. This year, new export markets have been entered. Thus, since May copper wire rod has been exported to Guinea, Senegal,…
