JSC Uzmetkombinat and SINO STEEL Engineering & Research Incorporation Limited have discussed the implementation of projects to expand the enterprise’s metallurgical capacity, including the construction of a new blast furnace and the commercial development of several deposits. The negotiations took place in China during a business trip by a delegation from Uzmetkombinat, according to JSC…
Azerbaijan imported $76.932 million worth of ferrous and non-ferrous metals from Turkey in January-July, a 2.7% decrease compared to the same period in 2025. In July, Turkey exported $11.225 million worth of ferrous and non-ferrous metals to Azerbaijan, down by 34.9% YoY. From January to July, the total value of ferrous and non-ferrous metal exports…
Tungsten mining at the Aksoran deposit, located across the North Kazakhstan and Akmola regions, is planned to begin in 2028. According to an environmental impact report on the mining plan revision, the mine’s lifespan on approved reserves is expected to be 16 years. The total area of the mineral plot allocated for development is 4,499…
The activities of JSC NGMK have once again been confirmed as complying with the requirements of the international ISO 37301:2021 standard. Following a regular audit, the company was awarded an international certificate. The ISO 37301:2021 Compliance Management Systems standard confirms that an organization has established a management system that ensures compliance with applicable legislation, regulatory…
Uzbekistan’s Almalyk Mining and Metallurgical Combine (AGMK) nearly doubled its net profit in the first half of 2026, driven by higher exports, improved operating efficiency and lower debt. According to the company’s financial statements, net profit rose to 8.7 trillion sums from 4.4 trillion sums in the same period last year. Revenue increased by 39.8%,…
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…