Ankhor Invest has become the majority shareholder of the Tashkent Metallurgical Plant (TMP). This information is confirmed by the Competition Development and Consumer Protection Committee, which grants preliminary approval for mergers, acquisitions and share transactions. According to TMP’s official website, as of May 24, 2024 Ankhor Invest owned 50.1% of the plant’s shares, while the…
In the period from January to November 2024 Kyrgyzstan exported 16.1 tons of gold for $1.26 billion, materials of the National Statistical Committee said. According to statistics, this is 4% more by weight and 30% more by value of the precious metal than in the same period in 2023, when 15.4 tons worth $972 million…
In January-November 2024 Ukraine exported 1.09 million tons of iron ore to Turkiye, up by 119.3% YoY. According to the Turkish Statistics Institute (TUIK), in November 2024 Turkiye didn’t import Ukrainian iron ore. Overall Turkish imports in 11 months of 2024 amounted to 9.08 million tons of iron ore, up by 14.1%. (Ukrainian metal)
In 2024 Navoiuran increased its production volume to 13.7 trillion sums, double the amount compared to 2023, according to the company’s press service. The company ended last year with investments totaling $125.9 million, which enabled the creation of 122 new jobs. Additionally, through cost optimization, the company managed to reduce production costs by 457.2 billion…
Verkhovna Rada has approved a bill on prohibition of liquidation of state enterprises in the sphere of energy by imposing a moratorium on their bankruptcy. According to the MP Yaroslav Zheleznyak, the bill was supported by 251 peoples’ deputies. “The document aims to prevent liquidation of state coal-extracting enterprises and the state enterprise Skhidniy Mining…
Miners together with sappers have blown up a mineshaft in Pokrovsk so that Russian occupiers don’t attack the Armed Forces of Ukraine from the rear. According to the New York Times, in early December 2024 due to the danger of using the mineshaft No. 3, miners started using another shaft to the west to get…
Due to military action in its proximity, Metinvest Pokrovskugol has decreased coking coal output. According to the company, the miners have learned to rearrange the manufacturing process during the war and continue providing Ukraine with as much coal as possible. The site No. 2 of Pokrovskoye Mine Group is developing the 11th northern long face…
In 2024 Ukraine exported 293.19 thousand tons of ferrous scrap, up by 60.7% YoY. Revenue grew by 73.2%, to $91.311 million. The main customer was Poland (81.8% in monetary terms), followed by Greece (13.75%) and Germany (3.19%). Last year Ukraine imported 104 tons of scrap for $110 thousand, down from 1.075 thousand tons for $411…