NMMC Celebrates Railway Transportation Workers Day! Each first Sunday in August, Uzbekistan celebrates its railway transportation workers. Navoi Mining and Metallurgical Company (NMMC) heavily relies on its workforce of over 2,000 employees to ensure the smooth transportation of ore. The company's railroads span over 450 kilometers, with 54 mainline and shunting diesel locomotives, 882 freight cars and 17 passenger cars facilitating freight and passenger transportation. As part of the "Digital Uzbekistan - 2030" strategy, NMMC is committed to integrating modern information technologies and IT solutions into its operations. This commitment is exemplified by the recent upgrade at the Muruntau station of the Railway Transport Directorate, where a new modern microprocessor-based digitalized system was implemented to control railway freight traffic. For more information, visit: https://lnkd.in/dvT8gcC8 #NMMC #GoldMining #Railway #Transport #Uzbekistan
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Article: Exploring the Global Reach: Geographic Regions Served by China Baowu Steel Group https://lnkd.in/dWfNr7_s China Baowu Steel Group, the world’s largest steel producer, has a far-reaching impact that extends well beyond its home base in China. As a global industry leader, Baowu strategically serves numerous geographic regions, leveraging its extensive resources and advanced technology to meet the diverse needs of its international clientele. This article explores the key geographic regions served by China Baowu Steel Group, highlighting their strategic importance and the group’s influence in each area. 1. Asia-Pacific Region China: The Heartland of Operations China Baowu Steel Group’s operations are deeply rooted in China, where it has an extensive network of production facilities... #steelprice #steel #iron #steelnews #news #steelmarket #market #industrialnews #LME #HKEX #Londonmetalexchange #metal #metalexchange #investment #investing #stock #stocks
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Former Foreign Minister of Uzbekistan (2006-2010, 2022), SCO Secretary General (2019-21); Ambassador of Uzbekistan to Germany, Poland, Switzerland (1998-2003); BENELUX, EU & NATO (2004-06, 2013-17)
China is poised to help Tajikistan complete some major infrastructure projects, including modernization of the state-controlled aluminum smelter (Tajik Aluminum Company, or TALCO), the country’s largest industrial enterprise. TALCO has reportedly been increasing output of late; it produced over 66,000 tons of primary aluminum in 2023, a 7.0 percent increase over the previous year’s total. In 2024, output is projected to jump to 84,000 tons. But the company’s economics director, Pavel Dyck, reportedly indicated in April that growth is hampered by production bottlenecks, adding that the entity was searching for an investor. The Tajik Aluminum Company (TALCO) is one of the ten largest aluminum smelters in the world and the only aluminum producing plant in Central Asia. TALCO is wholly owned by the Tajik government. Tajikistan does not mine alumina but imports the raw material through tolling arrangements. Construction of the Tajik aluminum plant (TadAZ) began in 1972, and the first pouring of aluminum took place on March 31, 1975. The Tajik aluminum smelter has a rated capacity of 517,000 tons of primary aluminum per year Read more: https://lnkd.in/dtqgiASr за
Tajik authorities sign deal to modernize the aluminum smelter, the country’s largest industrial enterprise
asiaplustj.info
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WSJ [excerpt]:#Lynas Rare Earths plans to separate two heavy #rareearths used in #electricvehicles and electronic gadgets at its plant in #Malaysia, a step that could help to loosen #China’s grip on markets for the critical materials. The #Australia-listed company has designed a new process that will for the first time produce separated #dysprosium and #terbium at the plant, from which it ships rare-earth materials to customers in the U.S., Europe and East Asia. China essentially refines all the world’s heavy rare earths today. Dysprosium and terbium are soft metals that are often used in magnets to help them run better at higher temperatures. Each also has other uses, spanning defense technologies to nuclear reactors to lighting. They are listed as #criticalminerals in a number of countries, including in the U.S. Those rare earths have to date been sold by Lynas to Chinese separators as part of a mixed compound that includes other heavy rare-earth oxides. Lynas produces light rare earths including neodymium and praseodymium, which are used in magnets as well. This is “the first step towards offering an expanded suite of heavy rare-earth products,” Chief Executive Amanda Lacaze said Thursday. Lynas has been seeking to increase its production capacity to feed what it expects will be a steadily growing market for rare earths, especially from sources outside of China. The company is separately advancing preconstruction activities for a planned processing facility in #Texas, which will separate both heavy and light rare earths, it said. The U.S. and other countries have been looking to break China’s stranglehold on rare earths, although Western miners have faced headwinds from low prices, rising costs and stricter regulations. In Australia, the government provided miner Iluka Resources a loan to build the country’s first refinery for both light and heavy rare earths. Lynas’s Texas project is backed by the U.S. government and was conceived to supply the Department of #Defense as well as commercial customers. Lynas said it is working on a detailed engineering design for the new Malaysia circuit, which it expects will be able to separate up to 1,500 metric tons of mixed heavy rare-earth compound annually. It aims to start producing separated dysprosium and terbium from next year. #news #business #geopolitics
Lynas Bets on New Rare Earths Products, Breaking China Stranglehold
wsj.com
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Metinvest has a good resource base in Kryvyi Rih, which can be improved to ensure the production of green steel in Europe. About this in an interview with the international television channel Bloomberg TV said the general director of the company Yuri Ryzhenkov. «We are the source of the largest volumes of clean raw materials for the production of» green «steel on the European continent. Therefore, our strategy is to develop the production of green steel in Ukraine. Of course, we must wait until the military risks are significantly reduced so that we can make significant investments in the country,» he said. At the same time, the group is considering the possibility of building or acquiring new facilities for the production of green steel outside Ukraine, which will work on Ukrainian raw materials. One of these plants is planned to be built in Italy. In addition, the group is open to other opportunities, including the acquisition of assets in neighboring countries. Currently, Metinvest produces about 5.5-6 million tons of steel compared to pre-war volumes of 14 million tons, metal products are supplied mainly to Ukrainian consumers. In addition, the company exports significant volumes to Europe – mainly to the Mediterranean region, Poland, Slovakia, Romania and Bulgaria. According to Yuri Ryzhenkov, even during the onset of peace, it is almost impossible for the company to return to the pre-war level, since the volume of 14 million tons included the production of two large Mariupol metallurgical plants – Azovstal and Ilyich Iron and Steel Works. These enterprises are destroyed, now there is no question of their restoration. «We will consider the possibility of building new plants for the production of green steel plants for the production of decarbonized steel. This is the future of the Ukrainian metallurgical industry. By the way, now we are working on the construction of such a plant in Italy. This pilot project, which we will implement in partnership with Danieli, will become the basis for scaling when the restoration of Ukraine and the construction of new capacities begin», said Metinvest CEO. Read more here🔽 #GMKCenter #Ukraine #steelmakers #steel #metals #war #greensteel #EU #Europe #markets #energy #electricity #import #export #logistics #transportation #Metinvest #project #investments #Mariupol #CO2 #carbon #emission #decarbonization Метинвест
Metinvest has a resource base for the production of green steel in Europe – company's CEO – News – GMK Center
gmk.center
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Steel and Engineering Industries Federation of Southern Africa (SEIFSA), explores the 2024 outlook for South Africa’s Metals & Engineering sector amid Geopolitical risks, while locally the sector faces persistent load-shedding and logistical challenges, including the crisis at Transnet SOC Ltd. Read more here: https://lnkd.in/edbPB9D2 #MetalsAndEngineering #SEIFSAReport #steelindustry #metals #SouthAfrica
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The rapid ascent of China-based CMOC Group to a dominant position in the global cobalt supply chain has raised alarms in the United States. The company now controls more than a third of the world’s cobalt, a critical metal used in electric vehicle (EV) batteries, military equipment such as jet fighters, munitions, and drones. U.S. officials are concerned that CMOC is flooding the market with cobalt, thereby discouraging other countries and companies from investing in alternative production, which could undermine the global supply chain and America’s energy transition efforts. Jose Fernandez, a State Department undersecretary, accused CMOC of engaging in “predatory conduct” that goes beyond harming competitors; he argued that it also jeopardizes the U.S.’s goals of achieving energy security and sustainable technology development. CMOC, however, defends its increased cobalt production as a natural outcome of its expanded copper mining operations, as cobalt is often a byproduct of copper extraction. The company maintains that it is operating responsibly in its mining practices. CMOC’s swift rise highlights a broader pattern of Chinese companies expanding their global reach to secure essential resources that support China’s industrial growth and manufacturing needs. The company’s operations, especially in Africa, illustrate China’s strategic focus on controlling supply chains for key materials required for modern technologies. This approach ensures that China remains at the forefront of industries such as electric vehicles and consumer electronics. The situation has broader geopolitical implications, as it underscores the U.S.-China competition over critical resources necessary for the future of energy and defense technologies. With China already securing significant portions of rare earth elements and now cobalt, the U.S. faces challenges in diversifying its supply chains and reducing dependency on a rival nation. The dominance of Chinese firms in these strategic materials could potentially create leverage points in future trade disputes or geopolitical tensions.
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"Kazakhstan holds a prominent position in the global market, as significant aerospace companies such as Boeing, Airbus, Nippon Steel, Snecma, and General Electric utilize #titanium produced within the country. #Kazakhstan is recognized for its significant contributions to various rare metals production, including #beryllium, #tantalum, #niobium, #ammonium #perrhenate, #selenium, #bismuth, #copper #telluride, and enriched #selenium." https://lnkd.in/eZ_gv3wT
Kazakhstan Plans to Auction Nearly 70 Precious Metal Deposits - The Astana Times
astanatimes.com
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𝗨𝗦 𝗱𝗲𝗳𝗲𝗻𝗰𝗲 𝘀𝗲𝗰𝘁𝗼𝗿 𝘁𝗼 𝗯𝗲𝗻𝗲𝗳𝗶𝘁 𝗳𝗿𝗼𝗺 𝘀𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗘𝗤 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀 𝗮𝗻𝗱 𝗘𝗹𝗺𝗲𝘁 𝘁𝘂𝗻𝗴𝘀𝘁𝗲𝗻 𝗽𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 On 2 September, Australia-based EQR announced that it had signed a multi-year offtake agreement for #tungsten concentrate with USA-based Elmet. As per the agreement, Elmet will purchase tungsten concentrate worth AU$30M (US$20.3M) from EQR over a five-year period. Elmet can secure the contract by making an advance payment of AU$2M (US$1.3M) to EQR. As such, EQR will offer Elmet 20,000,000 shares at AU$0.1 per share, with this offer to remain valid for two years. 🔵 Read more on our website - https://lnkd.in/e2tjpchE 🔵 Learn more about our Tungsten Research Service - https://lnkd.in/e3TcXrt4 #criticalmaterials #energytransition
US defence sector to benefit from strategic EQ Resources and Elmet tungsten partnership
projectblue.com
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PRC/Peru - Port of Chancay Excerpt as of early 2024: “ Peruvian government maintains that the port is purely economic in nature and that the local population will be compensated for displacement and any environmental damage to the surrounding areas.” “… energy and mining-focused news outlet Energiminas, says that the port will play an important role in helping China to solidify its dominant position in Latin America’s critical minerals supply chains.[iii] “ “Peru also maintains that the port, built by Chinese state-owned enterprise Cosco Shipping, will save an average of 10 to 12 days on goods traveling to Asia from Latin America. “ “…the Peruvian government … confirmed its commitment to the project and stated its goal is to leverage its role as host of the Asia-Pacific Economic Cooperation in 2024 to officially inaugurate the Port of Chancay. “ “China has dozens of contracts to upgrade, build, and/or operate deep-water ports in the Western Hemisphere, an economic reality with implications for the region’s operational environment.” “Given China’s past use of deep-water ports for naval port calls, the Western Hemisphere may soon witness an uptick in the PLAN presence.”
China Nears Completion of Large Port in Peru With Dual-Use Capabilities
https://fmso.tradoc.army.mil
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Former Foreign Minister of Uzbekistan (2006-2010, 2022), SCO Secretary General (2019-21); Ambassador of Uzbekistan to Germany, Poland, Switzerland (1998-2003); BENELUX, EU & NATO (2004-06, 2013-17)
Eurasianet reported on May 20 that China is poised to help Tajikistan complete some major infrastructure projects, including modernization of the state-controlled aluminum smelter (Tajik Aluminum Company, or TALCO), the country’s largest industrial enterprise. TALCO has reportedly been increasing output of late; it produced over 66,000 tons of primary aluminum in 2023, a 7.0 percent increase over the previous year’s total. In 2024, output is projected to jump to 84,000 tons. But the company’s economics director, Pavel Dyck, reportedly indicated in April that growth is hampered by production bottlenecks, adding that the entity was searching for an investor. On May 19, at the conclusion of a two-day visit of the top Chinese diplomat to Tajikistan, officials from both countries signed a cooperation program for 2025-26. Earlier in May, Chinese and Tajik officials reportedly signed a protocol during an inter-governmental meeting in Beijing, outlining plans for China to help Tajik officials complete not just TALCO’s modernization, but also infrastructure projects in Dushanbe, the construction of a logistics center in Danghara, and an upgrade of a highway in the Gorno-Badakhshan Autonomous Region (GBAO) to facilitate Europe-bound truck cargo originating in China. The Tajik Aluminum Company (TALCO) is one of the ten largest aluminum smelters in the world and the only aluminum producing plant in Central Asia. TALCO is wholly owned by the Tajik government. Tajikistan does not mine alumina but imports the raw material through tolling arrangements. Construction of the Tajik aluminum plant (TadAZ) began in 1972, and the first pouring of aluminum took place on March 31, 1975. The Tajik aluminum smelter has a rated capacity of 517,000 tons of primary aluminum per year. Read more: https://lnkd.in/dtqgiASr
Tajik authorities sign deal to modernize the aluminum smelter, the country’s largest industrial enterprise
asiaplustj.info
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