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The supervisory board of Kametstal has approved Alexander Tretyakov as the CEO of the company. Previously he was the acting CEO. The decision was taken on January 2. Tretyakov has been appointed until April 2, 2024. The previous CEO Dmitriy Lippa left his office on December 24, 2022. (Ukrainian metal)
DetailsThe Cabinet of Ministers has prohibited the exports of anthracite, but increased the export quota of coking coal. According to the decree No. 1466 dated December 27, 2022, the export of coking coal is allowed in the volume of 600 thousand tons. The decree came into effect on January 1. In September 2022, the Cabinet…
DetailsCEO of Zaporizhstal Alexander Mironenko has left his office, remaining the operational director of Metinvest. According to the official information, Mironenko resigned on January 1. Mironenko has been Zaporizhstal CEO since November 26, 2019 till January 1, 2023. Roman Slobodyanyuk has been appointed acting CEO of Zaporizhstal. (Ukrainian metal)
DetailsSince the start of the Russian invasion, the Metinvest Group has channeled over 2.8 billion UAH to strengthen the country defence and support its employees and peaceful Ukrainians, including 1.5 billion UAH for the Army under the Steel Front Initiative of Rinat Akhmetov. “Metinvest makes everything possible to bring Ukraine’s victory closer. Our enterprises, as…
DetailsIn 2022, Tau-Ken Altyn refinery works situated in Astana exceeded its output target by 10%, having produced 55.6 tons of gold with the target being 50 tons. Since its launch the company has refined 249 tons of gold. The company produced gold with the purity of 99.99 in standard 12-kg ingots and granules. (Ukrainian metal)
DetailsThe general manager of Ukrainian Mining and Metallurgical Company Dmitriy Golikov has announced his intention to buy almost 100% of the company. In particular, he intends to purchase more than 22 million ordinary shares, or 99.999986% of the total amount. Golikov says he is acting on his own. (Ukrainian metal)
DetailsDue to the ban on uranium mining, a lawsuit was filed against Kyrgyzstan to international arbitration, the Ministry of Justice reported. The process of appointing the composition of the arbitration tribunal by the parties in the framework of arbitration proceedings with International Mining Company Invest Inc. is being completed at the International Center for Settlement of Investment Disputes in Washington (USA). A petition to initiate arbitration proceedings was registered in September. The company’s…
DetailsFollowing the second stage of a trade, Metinvest will buy back eurobonds with the maturity date of April 23, 2023 valued at $0.5 million at the 77% of their nominal price. Taking into account the first stage, when the price was 80%, the overall nominal price of the eurobonds to be bought would be $23.625…
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