. July

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 ...