Russia: tin to be mined in Yakutia

The manufacture of tin concentrate in Yakutia will have reached 5.5 thousand tons by 2032. The government of the region intends to restore tin industry by developing tin deposits and commissioning the Tirekhtyakh alluvial site and Deputatskoye deposits. Yanolovo, the developer of the Tirekhtyakh, is negotiating investments with China. The site reserves are 68.4 thousand…

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Russia: Fitch improves Polyus ratings

Fitch Ratings has improved the long-term ratings of Polyus from BB- to BB with stable outlook.

The improvement reflects strong operational results of Polyus, the decrease of the debt level and improved possibilities to generate money flow.

The company has also noted Polyus output level and the resource base. (Ukrainian metal)

Russia: NLMK to award scholarships to best MISIS students

NLMK Group, an international steel company, will establish personalized scholarships for the best students of MISIS National University of Science and Technology, and increase the number of on-the-job trainees from the University at its sites. NLMK and MISIS have signed a framework cooperation agreement, which will facilitate the training of qualified steelmaking professionals and contribute…

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