President Kassym-Jomart Tokayev has received the Chairman of the Board of Directors of Qarmet Andrey Lavrentyev. Lavrentyev reported to the Head of State on the preliminary results of the company’s operation in 2025 and main areas of the investment program implementation. Over two years, steel production increased by 22%, coal concentrate production – by 26%,…
Metinvest Group’s Zaporizhstal has successfully passed surveillance audits of its integrated management system for compliance with the requirements of international standards for quality ISO 9001:2015, environmental management ISO 14001:2015, occupational health and safety ISO 45001:2018, as well as a recertification audit for energy management ISO 50001:2018. Auditors from Bureau Veritas Certification Ukraine inspected the production…
Poland’s parliament has approved a government bill intended to support the transition away from coal by allowing mines to be closed down more easily, introducing financial support for miners who lose their jobs, and helping redevelop former mining areas. The measure won the support of MPs from Prime Minister Donald Tusk’s ruling coalition, which ranged…
S&P Global Ratings has affirmed the long-term credit rating of Uzbekistan’s uranium producer Navoiyuran at “BB-” while revising the outlook to “positive.” The improved outlook reflects the company’s strong operating performance and its strategic partnerships. In 2024, Navoiyuran produced 5,200 tons of uranium, significantly exceeding its planned targets, with 99% of revenue secured under existing…
Azerbaijan imported $99.013 million worth of steel from Turkey from January to November, 7.9% more than in the same period in 2024. In November, Turkey exported $10.504 million worth of steel to Azerbaijan, 19.1% more than the previous year. The largest importers of steel from Turkey were Romania ($1.230 billion, +5%), Italy ($1.255 billion, +2.7%),…
The rescue operation at a mine, were a pulp breakthrough occurred at the depth of 410 meters, lasted for more than 14 days. According to the Emergency Service, as the result of the accident two miners perished. Pulp is a mixture, consisting of small solid minerals (sand, granulated slag) and water. The Emergency Service eliminated…
President Ilham Aliyev amended the order dated February 22, 2021, approving the composition of the Supervisory Board of AzerGold CJSC. The head of state signed the new order. According to the order, Vugar Majidli, Head of the Economic Sector Financing Department of the Ministry of Finance, who is a member of the Board, has been…
Kazakhstan’s probable uranium reserves exceed 2 million tons, Energy Vice Minister Yerlan Akbarov has revealed at a plenary session of the Kazakh Senate. He announced Kazakhstan’s prospective uranium reserves surpassed more than 2 million tons. There are nine uranium provinces in Kazakhstan, including the Shu-Sarysu and Syrdarya basins, which are mainly represented by hydrogenic deposits.…