Kazakhstan: mining industry in focus at London roadshow

British Expertise International hosted the Mining in Kazakhstan: Roadshow London 2020 to discuss the recent reforms in the country’s mining legislation, as well as to present attractive projects to potential foreign investors. The roadshow was organized by the Embassy of Kazakhstan in the UK jointly with British Expertise International. The event’s speakers were Kazakhstan’s Vice-Minister…

Russia: ZMZ quality confirmed

ODK-PM auditors have highly evaluated the manufacturing process and the quality management system at Zlatoust Iron and Steel Works. The group of auditors visited the works in late February. The goal of the visit was to inspect the manufacture and quality management system for compliance with requirements of ODK-Perm Motors, the manufacturer of aviation engines.…

Ukraine: AMKR to shut down open-hearth furnace in March 2020

The Ministry of Energy and Environment Protection has held a meeting with ArcelorMittal Kriviy Rih. “The deputy ministers Roman Abramovsky and Konstantin Chizhik have met with the company management to discuss investment plans and environment protection obligations. Attention was drawn to the necessity to shut down open-hearth manufacture in March and comply with requirements to…

Russia: A-Property cleared to buy Elga

The Federal Antimonopoly Service of Russia has approved of the A-Property claim to buy 100% in the Elga coal project of Mechel. In particular, the company will buy 100% in Elgaugol LLC, Elga-Doroga LLC and Mechel Trans Vostoc. Mechel owns 51% in these companies, and Gazprombank – the rest. Elga is one of the largest…

Russia: Amurstal CEO replaced

The meeting of Amurstal shareholders decided to replace the CEO of the company. As a result, Grigory Freidin, representing the largest shareholder – Moscow businessman Pavel Baulsky, has become the new director. The new management suspects embezzlement of 2 billion rubles at the company. At present the company is not operating, as there is no…

Russia: Mikhailovsky GOK produces 1.8 million of high-grade iron ore concentrate using fine screening technology

The first phase of Derrick Fine Screening Technology was launched in four technological sections of the beneficiation plant on September 3, 2019. As a result, 3.7 million tons of iron ore concentrate are expected to be produced in 2020 at the fine screening technology sections. Beneficiated concentrate with increased iron content and reduced silica level…