Ukraine: Ferrexpo output up in H1 2023

In January-June, Ferrexpo increased pellets manufacture by 57% YoY, to 1.967 million tons, and concentrate – by 51%, to 160 thousand tons. In Q2, pellets manufacture grew by 18%, to 1.066 million tons, and concentrate – by 96%, to 106 thousand tons. This was made possible by the resumption of the second pelletizing line operation.…

Ukraine: AMKR constructs underground service station for mine transport

ArcelorMital Kriviy Rih has constructed an underground service station for its mine transport at the depth of 1,135 meters. Now the repair and maintenance of mine transport, electric locomotives and trolleys will be carried out in an up-to-date underground depot. Previously, all the repair and maintenance checks of mine transport at the 1,135 horizon were…

Uzbekistan: Usmanov deprived of metal works in Tashkent

The Supreme Court of Uzbekistan has excluded two Cyprus offshore companies – Metalloinvest Holding (Cyprus) Limited (41.87%) and Miramonte Investments Limited (8.23%) – from the list of the Tashkent Iron and Steel Works founders. Both of them belong to the Russian oligarch Alisher Usmanov and had a controlling stake between them. The Fund of Reconstruction…

Ukraine: VostGOK gets new interim CEO

The Cabinet of Ministers has appointed Igor Bugayov the interim CEO of the state enterprise Vostochniy Mining and Processing Works. Bugayov is currently the first deputy CEO. He has many years of experience of working in nuclear and mining spheres, in particular, at managing roles in Energoatom. VostGOK is the only producer of uranium ore…