Mineral Product International plans to build a plant to produce FeSi-75 ferrosilicon in Ekibastuz, Pavlodar region. The project cost is EUR 213 million ($253.5 million). Of this, the Development Bank of Kazakhstan has promised to provide EUR 148 million ($176.1 million). The financial institution did not disclose the terms. Chevron Direct Investment Fund plans to…
President of Kazakhstan Kassym-Jomart Tokayev on April 8 met with the governor of Pavlodar region Asain Baikhanov to discuss the results in 2024 and plans for the upcoming period. During the meeting, it was highlighted that Pavlodar region had been observing growth in the key sectors of economy, as the region’s GDP grew by 5.8%…
The Ukrainian Association of Ferroalloy Producers has asked the Ministry of Communities, Territories and Infrastructure Development and Ukrzaliznytsia to decrease railroad tariffs. Nikopol Ferroalloys Plant receives raw materials from Marganets Mining and Processing Works. Before the full-scale Russian invasion, the direct railroad distance between the two was 20 km. Since July 2022 the region of…
Ferroalloy plants mull the possibility of resuming manufacture after a halt in October 2023. According to the director of the Ukrainian Association of Ferroalloy Manufacturers Serhiy Kudryavtsev, there are no decisions as yet, but the situation is being evaluated. “The situation is being analysed. All the options are being developed, but no decision has been…
Fincraft Resources and Monnet Group have signed an agreement to create a ferroalloys plant in the industrial park of Taraz. TB Alloys Kazakh will produce ferrosilicon. At the first stage the volume will be 50 thousand tons per year with the further increase to 100 thousand tons. The project is estimated at $125 million. Most…
Georgia’s imports of ferroalloys from January through November 2021 amounted to $2.5 million, up by 131.4% YoY, the National Statistics Office (Geostat) reported. The volume of the imported ferroalloys increased by 28.7%, 1.01 million tons to 1.3 million tons. Top-5 suppliers of ferroalloys to Georgia were Azerbaijan – $1.9 million, Turkey – $350,530, the UAE…
In January-September, Kazakhstan produced 1.6 million tons of ferroalloys, down by 0.6% YoY. Ferrochrome accounted for 83.4% (1.4 million tons), ferrosilicomanganese – 5.5% (90.6 thousand tons) and ferrosilicochrome – 3.4% (56.5 thousand tons). Pavlodar region produced 928.1 thousand tons of ferroalloys, down by 6.2%, while Aktyubinsk – 580.2 thousand tons, down by 2.8%. The share…
Over 2019 ferroalloys production in Kazakhstan has increased by 6%. Last year 2.02 million tons of ferroalloys were produced, up by 6.3% YoY, including 34.3% or 693.9 thousand tons produced in Aktobe region, and 62.9% or 1.27 million tons – in Pavlodar region. KazChrome TNC is the main producer of ferroalloys in Kazakhstan. The company…