1 Dec 2013
Ownership Change for Chromium in Kazakhstan
Mechel OAO transferred ownership of Voskhod Mine and Tikhvin Ferroalloy Plant to Yildirim Group, changing control of chromium assets.
Kazakhstan production
Market intelligence
Mechel OAO transferred ownership of Voskhod Mine and Tikhvin Ferroalloy Plant to Yildirim Group, changing control of chromium assets.
ENRC began construction of four DC furnaces in Kazakhstan, expected to increase ferrochromium production capacity to 440,000 t/yr, completion estimated in 2013.
ENRC’s direct current furnace at Aktobe was scheduled for completion and startup in 2012.
ENRC constructed a second 700,000‑t/yr pelletizing plant in 2009.
Oriel Resources plc began construction of the Voskhod chromite deposit, slated to start production in 2008.
Oriel Resources plc obtained a license to mine the adjacent Karaagash deposit, expanding its chromite portfolio.
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