At the end of 2024, Interpipe completed a major contract to supply 10,000 railroad wheels to the Indian state enterprise Indian Railways ahead of schedule. The contract presupposed the delivery of wheels with the diameter of 1000 mm. Logistics was a challenge. Most wheels were shipped via European seaports, while the last batches – from…
The output of gold and silver in Azerbaijan experienced a downturn in 2024. Data from the country’s State Statistical Committee indicated that the production of gold reached 2,663 kg and silver output – 3,184 kg, down by 97 kg (3.5%) and by 521 kg (14%), respectively, compared with 2023. (Trend)
In January, Ukraine produced 611 thousand tons of steel, up by 12% MoM. Pig iron manufacture grew by 5%, to 595 thousand tons. Rolled metal production decreased by 0.2%, to 480 thousand tons. Compared with January 2024, steel production went up by 12.3%, pig iron by 7.2% and rolled metal by 6%. In January, average…
The Zangezur Copper-Molybdenum Combine (ZCMC) has released an official statement announcing that the company’s salary fund will increase by an average of 20%. The statement emphasizes that ZCMC’s management, acting as a guarantor for its employees, assumes the relevant commitments and assures that the changes will be implemented within the established timeframe. “The development of…
MP Balbak Tulobaev appealed to President of Kyrgyzstan Sadyr Japarov at a meeting of the Committee on Agrarian Policy, Water Resources, Ecology and Regional Development of Parliament with a request to revoke the permit for mining at Dalpran gold deposit in Kemin district of Chui region. First Deputy Plenipotentiary Representative of the President in the…
The Zangezur Copper-Molybdenum Combine (ZCMC) has suffered daily losses of around 400 million drams due to actions carried out for nearly a week by a group of employees and individuals unrelated to the company. Meanwhile, the state has incurred losses of over 100 million drams per day in tax revenue. “Thousands of company employees have…
In January, Almalyk Mining and Metallurgical Combine (AGMK) exported products worth $28.8 million. The company shipped 2,700 tons of copper products to foreign consumers, exceeding the forecast by 8.4%. Zinc exports totaled 1,500 tons, surpassing projections by 19.3%, with a growth rate of 153.5% compared to the same period last year. A notable increase was…
In 2024, Tajikistan produced 85 thousand tons of aluminum, up by 24% YoY. In monetary terms output grew by 47%. Manufacture of copper cathodes increased significantly. During discussions with China Mining it was agreed that copper processing in the republic would increase. Moreover, Tajikistan increased gold output by 18.8%, antimony by 23% and silver by…