Russia: MMK open for industrial tourism

Magnitogorsk Iron and Steel Works (MMK) has launched a project, which allows guests to visit the company’s production site. Several sightseeing tours are now readily available to tourists. “Taming the Fire” – this tour includes a visit to Russia’s largest blast furnace plant and the unique complex of Mill 5000 whose products are used to…

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Kazakhstan: Majilis Speaker visits Electrolysis Plant in Pavlodar

Chairman of the Majilis (the lower house of the Kazakh Parliament) Nurlan Nigmatulin has arrived in Pavlodar region for a working visit. His meetings with the region’s community are mostly dedicated to the State-of-the-Nation Address of the President of Kazakhstan. The Speaker of the Majilis inspected the Kazakhstan Electrolysis Plant, and also met with the…

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Russia: STZ gets Alfa-Bank loan

Alfa-Bank has provided financing of 2.5 billion rubles to Seversky Pipe Works, a part of TMK. The funds have been issued for 4.5 years. “Alfa-Bank is supporting the long-term partner relations with TMK. Strong capital positions, flexibility, speed and the industry expertise allow the bank to successfully compete with state banks for the largest borrowers…

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Kyrgyzstan: Makmal mine looking for partner

According to preliminary data, Makmal field will have been put up for competition by November 1, the Deputy Chairman of the State Committee for Industry, Energy and Subsoil Use of Kyrgyzstan Suyuntbek Alikeyev announced. According to him, about 200-300 million soms are needed for additional exploration of the two sections of the field. Kyrgyzaltyn JSC…

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Armenia: Alaverdi Copper Works asking for state help

The employees of the Alaverdi Copper Works have started striking demanding the government to allow it to increase sulfur dioxide emissions. Otherwise the fines, imposed by environment protection authorities, will make the company operation unprofitable. Earlier the State Inspection on Environment Protection has fined the works for 380 million drams ($700 thousand) for the serious…

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