In January-October, Almalyk Mining and Processing Works exported products worth $535.917 million, up by 18.3% from the target. Over ten months the company has met its 11-month target. This year, Almalyk intends to export $550 million worth of products. In particular, in January-October, Almalyk exported 46.54 thousand tons of copper, up by 44.5%. Rhenium export…
In January-September, Karaganda region’s short-term economic indicator made 113.1%, with the industrial output reaching 2.8 trillion tenge, governor of the region Yermaganbet Bulekpayev said at a briefing at the Central Communications Office. According to Yermaganbet Bulekpayev, production output in the region’s processing sector has exceeded 2.2 trillion tenge, largely, due to the modernization of Qarmet,…
Law enforcers discovered and stopped the operation of a criminal organization that in 2021-2024 was illegally extracting and selling coal. According to the Prosecutor General’s Office, in September 2021, the criminals seized the territory of a mine in Donetsk region. Coal was extracted without special permit and sold via a number of enterprises to the…
The commercial court of Donetsk region named the Specialized Enterprise Svinets LLC bankrupt. The enterprise was created on the basis of lead manufacture at Ukrzinc OJSC, the once giant of non-ferrous metallurgy. This was the largest manufacturer of secondary lead in Ukraine. The company’s accounts payable amount to 241.2 million UAH. (Ukrainian metal)
On November 7, the State Property Fund will again put the Zaporozhye Aluminum Works JSC up for auction. The fund will auction 97.5458% of the statutory capital of the company, which equals 607,446,012 shares. The starting price of the lot is 151.8 million UAH. The auction will be held on the Prozorro.Sales platform. In H1,…
In September, Georgia imported $16.2 million worth of steel from Turkiye. Compared to September 2023, imports increased by 21.8%. In January-September, Georgia imported $146.3 million worth of steel from Turkiye, up by 21.1% YoY. (Ukrainian metal)
Prime Minister Olzhas Bektenov, who is paying a working visit to the People’s Republic of China, has participated in the Kazakh-Chinese Investment Roundtable Meeting. Eight commercial agreements worth $2.5 billion were signed during the event between the leading Kazakh, Chinese companies. The following documents were signed: – The agreement between JSC Qarmet and Zhengzhou Coal…
In October, Zaporizhstal produced 264.5 thousand tons of pig iron, 241.3 thousand tons of steel and 172.2 thousand tons of rolled metal. Pig iron production increased by 6.4% MoM, and steel – by 18.9%, while rolled metal decreased by 6.5%. In January-October, pig iron output amounted to 2.562 million tons, up by 17% YoY, steel…