On the eve of Metallurgist Day, Vladimir Putin arrived on a working trip to the Ural Federal District. The first item on the agenda was a visit to the Magnitogorsk Iron and Steel Works (MMK). Accompanied by Minister of Industry and Trade Anton Alikhanov, Presidential Plenipotentiary Envoy to the Ural Federal District Artem Zhoga, Governor of the Chelyabinsk Region Alexei Teksler, as well as Chairman of the Board of Directors of Magnitogorsk Iron and Steel Works Viktor Rashnikov and MMK General ...
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 ...