Deputy Prime Minister Jamshid Khodjayev led an assessment of the current status of investment projects underway in the city of Angren in Tashkent region. During the visit, the delegation reviewed progress at the Nishbosh coal deposit, where construction and development works were being carried out by Nishbosh komir LLC. Existing challenges were discussed on site,…
AzerGold CJSC’s revenue from domestic and international sales in 2025 amounted to 431 million manats. Zakir Ibrahimov, Chairman of the Board of the company, announced this at the presentation “Rare Pearls – the Harmony of Silk and Silver.” He added that the company had attracted 1.9 billion manats to the country’s economy over its entire…
QazIron ERG (a subsidiary of the industrial group Eurasian Resources Group) intends to build a hot briquetted iron plant in the city of Rudny in the Kostanay region of Kazakhstan, the regional akimat (regional state administration) has announced. The expected investment volume for the first stage is 655 billion tenge (approximately $1.3 billion). The plant’s…
Kumtor’s net profit has amounted to $2 billion over the past three years, President of Kyrgyzstan Sadyr Japarov has announced at the 4th People’s Kurultai. According to him, significant profits began to flow after Kumtor was transferred to state ownership. In 2025 alone, the company’s net profit amounted to $678 million. The head of state…
In January-November, Ukraine imported 642.8 thousand tons of coke and semi-coke, up by 3.2% YoY. According to the State Customs Service, in November coke imports amounted to 85.35 thousand tons, up by 28.8% MoM and 2-fold YoY. This was the highest result since January. Poland accounted for most supplies – 602.01 thousand tons. Indonesia supplied…
Due to massive Russian attack of Ukrainian energy infrastructure facilities on December 23, PJSC Zaporizhstal suffered a complete power outage, which led to an emergency shutdown of production. In extremely difficult conditions, the company’s team promptly switched to alternative power sources and further safely shut down production processes in accordance with the anti-crisis regulations. Thanks…
In January-October, the value of metallurgical production in Uzbekistan amounted to 184.4 trillion sums, according to data from the National Statistics Committee. Compared with the same period of 2024, the indicator increased by 1.9%, reflecting moderate growth in the sector amid sustained demand from industry and infrastructure projects. Navoi region remains the key center of…
Located in Ukraine, ArcelorMittal Kryvyi Rih plant is bearing the heavy burden of wartime along with the brave country fighting for its existence. “However, today we are forced to talk about another front – the economic one, where the situation is becoming critical,” says Mauro Longobardo, CEO of ArcelorMittal Kryvyi Rih. “Since July, ArcelorMittal Kryvyi…