17
Jul
14:51
Metalloinvest invests in 7mt iron ore concentrate plant
Russian metallics producer Metalloinvest will spend $2 billion to set up production of 7 million tonnes/year of premium-quality iron ore concentrate at its Mikhailovsky GOK unit in the Kursk region, central Russia, by 2028, Kallanish notes.
Collaborating with Russian scientists, Metalloinvest has developed a technology to enrich oxidized iron quartzites, a previously untapped raw material. The concentrate, with up to 68% iron content and low silicon dioxide levels…
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Anonymous
Very good overview of the weekly steel market.
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