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Ukraine: investments in construction of new cold-rolling shop at Mariupol Ilyich to exceed $1 billion

Metinvest has started preparing the construction site for the new shop to produce cold-rolled metal, galvanized and painted coils at the Mariupol Ilyich Iron and Steel Works. Investments in the project will exceed $1 billion. The length of the shop will be 750 meters and width – 140 meters. The construction will be carried out…

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Ukraine: IrGOK orders 59 million UAH worth of transportation services

Irshansk Mining and Processing Works, a subsidiary of the United Mining and Chemical Company, has concluded an agreement with United Global Logistics LLC on transportation services valued at 58.8 million UAH. Until March 31, 2022, the company has to organize transportation of ilmenite concentrate from the Nova Borova station in hopper cars (65-72 tons). In…

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Estonia: agreement on major Ida-Virumaa green transition-related REE plant signed

A new initiative will see metallic rare-earth elements (REE) products manufacturing set up in Ida-Viru County, thanks to a deal between the Estonian state and the private sector. The project fits into the state’s green transition strategy. Estonian metallurgy firm NPM Silmet is to construct a major plant in Sillamae, Ida-Viru County, which will produce…

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Uzbekistan: VEB.RF to give $800 to Almalyk

The Russian state corporation VEB.RF will provide $800 million to Almalyk Mining and Processing Works for construction of the copper-processing factory. Earlier, the enterprise concluded a contract with UZTM-Kartex (Uralmashzavod) and Enter Engineering for $2 billion for the financing of the construction and delivery of machinery in 2022. Enter Engineering will build the factory, while…

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