Kazakhstan and South Korea are expanding their strategic partnership in critical minerals, with plans to launch a joint research center dedicated to rare and rare earth metals. The initiative was discussed during the international workshop “Strategic Industrial Cooperation between Kazakhstan and the Republic of Korea in the Production of Rare Metals,” held at Satbayev University.…
PJSC Pokrovsky Mining and Processing Plant (formerly Ordzhonikidze GOK, Dnipropetrovsk region) increased its net loss by 30.3% YoY in January-June, reaching UAH 194.19 million. According to the company interim report for the first six months of 2026, operating income decreased by 29.5%, to UAH 374.943 million. Uncovered losses at the end of June 2026 amounted…
PJSC “Novoselivskyi Mining and Processing Plant” (NGZK, Kharkiv region) in January-June reduced its net profit by 7.8% YoY, to UAH 12.480 million from UAH 13.536 million. According to the company’s interim report, income from ordinary activities for this period increased by 7.4%, to UAH 112.440 million. Retained earnings at the end of June amounted to…
ArcelorMittal Poland is developing a new grade of heat-treated rail at its steelworks in Dabrowa Gornicza, aimed at railway tracks exposed to high loads, heavy traffic and extreme temperatures. Work on the R400HT grade began in 2025. The company plans to complete the qualification testing process until the end of 2026 and is simultaneously discussing…
In January-June, Azerbaijan exported 54,546 tons of ferrous metals and ferrous products worth $59.338 million. According to the State Customs Committee, compared to the same period last year, exports increased by $13.835 million (30.4%) in value terms and by 11,563 tons (26.9%) in quantity terms. The share of ferrous metals and ferrous products in the…
In January-June, Azerbaijan exported 40,435.29 tons of aluminum and aluminum products worth $141.517 million. This represents an increase of 5,210.45 tons (14.7%) and $40.530 million (40%) compared to the same period in 2025. During the reporting period, the share of aluminum and aluminum products in Azerbaijan’s non-oil sector exports was 2.5%, and 0.8% of the…
The Poltava Mining and Processing Plant, located in the town of Horishni Plavni, will suspend operations for 10-20 days due to a grave financial situation and a naval blockade. This was announced by a company representative at a meeting of the temporary parliamentary investigative commission investigating possible violations of defense legislation, anti-corruption legislation, and human…
AzerGold CJSC exported $126.6 million worth of products from January to June. According to the July edition of the Export Review of the Center for Analysis of Economic Reforms and Communications, this represents a 26.2% increase compared to the same period in 2025. In the first six months of 2026, Azerbaijan’s non-oil and gas exports…