The integration of robotic process automation (RPA) at Magnitogorsk Iron and Steel Works (MMK) is expected to result in cumulative savings of RUB 2 billion by the end of 2025, according to Evgeny Tarabaev, the head of MMK’s Economics Department, who spoke at the software robotics conference “Next Connect: Fusion of Technologies” in Magnitogorsk. MMK has invested approximately RUB 4 billion in a variety of digital solutions and services over the past four years, resulting in savings of RUB 4.7 ...

Olkon JSC (Olenegorsk Mining and Processing Plant, part of Severstal ) has launched an investment project to develop the Olenegorsk iron ore deposit, the company's press service said. "The project budget exceeds 5 billion rubles," Olkon General Director Nikolai Seleznev was quoted as saying. The investment plan involves open-pit mining until 2044-2045, transitioning to underground operations thereafter. Development requires relocating existing infrastructure including water pipelines, slurry ...

EN+ GROUP IPJSC (the “Company”, “En+” or the “Group”) (LSE: ENPL; MOEX: ENPG), the world’s leading vertically-integrated independent producer of low-carbon aluminium and renewable energy, announces that on 28 April 2025 its Board of directors has reviewed and preliminary approved its 2024 Consolidated (Annual) report (hereinafter referred to as the Consolidated report). It is available on the Company's website in PDF format. Subscription to news

Severstal plans to invest nearly 58 billion rubles in 2025 into projects aimed at achieving its climate goals and decarbonization. Most of the funds will go toward constructing a complex for iron ore pellet production, the company’s press service announced during the presentation of its integrated 2024 report. “Environmental protection initiatives cost 10.3 billion rubles in 2024. To meet its 2030 climate targets, Severstal intends to allocate 57.9 billion rubles in 2025, primarily for building ...