China Metals and Mining, China

Russia to double coal exports to China

In the next 10 years, supplies of Russian coal to China will increase to 55 million tons per year, which is twice as high as in 2018.

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Worldsteel forecasts global steel consumption growth in 2019 by 3.9%, in 2020 - by 1.7%.

In 2019 world steel consumption was expected to increase by 3.9% compared to 2018 - up to 1.775 billion tons, Saeed Ghumran Al Remeithi, the chairman of the economic committee of the World Steel As

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Altynken to increase production by 18%

In 2019, Altynken plans to produce 3.8 tons of gold at the Taldybulak Levoberezhny deposit in the Kemin district of the Chui region of Kyrgyzstan, which is by 18% more than in the previous year, as

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Mechel signs long-term contract with Chinese Jiangsu Sha Steel Group

Mechel has announced signing of a major contract for supply of coking coal with Jiangsu Sha Steel Group, China's largest private steel holding company.

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KAZ Minerals attracts $ 600 million to expand Aktogay.

The Development Bank of Kazakhstan (DBK) opened a $ 600 million credit line to the KAZ Minerals group to expand the Aktogay Mining and Processing Plant (GOK), the bank’s press service reports

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Mikhail Prokhorov sells 10% of Intergeo to Russian Direct Investment Fund and Chinese

ONEXIM Group of Mikhail Prokhorov has sold about 10% of its last metallurgical asset Intergeo, which owns the Kingashskoye copper-nickel and Ak-Sugskoye copper-porphyry deposits.

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ArcelorMittal expects growth in steel consumption in CIS of 1-2%

According to assessments of metallurgical company ArcelorMittal, the largest steel producer in the world, it seems that steel consumption in 2019 will be improved compared to the previous year by 0

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