First Vice President of the European Bank for Reconstruction and Development (EBRD), Greg Gayett, visited the new production line of MaxCopper in the Yangihayot district of Tashkent. The launch ceremony was also attended by EBRD’s Uzbekistan representative, Andi Aranitasi. During the visit, Greg Gayett emphasized the importance of supporting modern export-oriented projects like MaxCopper, noting…
The Tenir-Too Development Fund has accumulated approximately 2 billion soms, formed through contributions from Kumtor Gold Company. President of Kyrgyzstan Sadyr Japarov announced this at the Nooruz celebrations in Naryn region, emphasizing the company’s contribution to the region’s economy. According to him, starting in 2022, 0.6% of the Kumtor gold mine’s gross profit has been…
Five coal deposits were discovered in Kyrgyzstan last year, compared to three in 2024, Rustam Sadyraliev, Deputy General Director of Kyrgyzkomur state enterprise, announced. According to him, approximately 30 coalmining licenses have been issued. Rustam Sadyraliev noted that these permits were issued by decision of the Cabinet of Ministers. Suluktu 11-talaa and Beshburkhan deposits have…
Easter Sunday, the most joyous and significant feast in the Christian calendar, marks the triumphant resurrection of Jesus Christ. It is a day of profound spiritual celebration, and the vestments worn by clergy play a crucial role in conveying the solemnity and splendor of the occasion. Among these sacred garments, the stole holds a special…
Metinvest Group’s Zaporizhstal plant expands the targeted scholarship program for youth support “Steel Future” and includes new educational institutions in Zaporizhzhia. The program creates opportunities to encourage and support young people in choosing industrial specialties, a quick career start and development in the profession, and attracting young specialists to the real sector of the economy.…
A leading manufacturer of seamless stainless steel pipes, Centravis Production Ukraine, a part of Centravis Holding, was forced to change the logistics routes for product deliveries due to the situation in the Middle East. According to Centravis Sales Director Artem Atanasov, the company continues to closely monitor the development of the geopolitical situation in the…
Uzbekistan is emerging as one of the most attractive destinations for mining investment in Eurasia, according to former Uzbek Foreign Minister Vladimir Norov on LinkedIn. Over the past nine years, approximately $10 billion in foreign investment has been attracted to the country’s mineral and metallurgical sector, reflecting growing confidence from international partners in Uzbekistan’s resource…
KLW developed a modification of proprietary wheel design for the heavy haul line ULT 25 LL. The client will use our 920 mm wheels to transport ore from mines in northern Sweden, where temperatures can drop to -40 degrees C and axle loads reach 25 tons. The heavy haul line, called Malmbanan connects the mining city…