In January-September, Ukraine increased scrap exports by 54.1% YoY, to 311.84 thousand tons. According to the State Customs Service, in September exports dropped to 28.785 thousand tons from 34.713 thousand tons in August. In monetary terms exports grew by 44.6%, to $93.571 million. The main customer was Poland (81.95% in monetary terms), followed by Greece…
Members of the Board of Directors and Management Board of Kumtor Gold Company CJSC, as well as the management of Kumtor Operating Company inspected the progress of work under Togolok and Dzhangart projects. According to the company, management inspected the construction of a transfer point in the village of Ak-Shyirak, the condition of roads leading…
The team of the Almalyk Mining and Metallurgical Plant successfully completed the first nine months of this year, meeting and exceeding all production forecasts. Specifically, over 35 trillion sums worth of commercial output were produced during the reporting period, representing 119.9% of the forecast. Consumer goods output reached 6,685,568,000 sums, exceeding the forecast by 118%.…
The Agency for Management of State Assets of Uzbekistan (AUGA) has announced the launch of public bidding for the government’s shareholding in Shargunkumir JSC, one of the country’s leading coalmining enterprises. A 99.55% stake in the company is being offered for sale, with Alkes Research appointed as the privatization advisor. The firm previously supported the…
From January to September, Azerbaijan imported $8.254 million worth of mining products from Turkey, a 19.7% decrease compared to the same period last year. In September alone, Turkey exported $1.097 million worth of mining products to Azerbaijan, a 45.4% decrease compared to the previous year. Over the first nine months of the year, the total…
In Uzbekistan, the production volume of metallurgical goods reached 141.5 trillion sums over the first eight months of 2025, according to the National Statistics Committee. Compared to the same period last year, output in the metallurgical industry increased by 2.2%. The metallurgical sector accounted for 21.4% of the country’s total industrial production, remaining one of…
Roman Khudolin, General Director of the Zangezur Copper-Molybdenum Combine (ZCMC), stated at a mining forum that Armenia was facing a serious threat of depleting its mineral reserves. “As the head of the largest investor and mining giant, I’m concerned about Armenia’s mineral reserves. Until 2038, very few mining companies will remain active, and the rest…
A delegation from JSC “Uzbek Technological Metals Combine” (UzTMK) under the Ministry of Mining and Geology visited the Massachusetts Institute of Technology (MIT), which had held a leading position in global educational rankings for the past ten years. During the visit, UzTMK representatives, together with the University of Business and Science (Uzbekistan), met with MIT…