LEADING Russian mining and metals company Mechel PAO has signed a protocol of intent aiming to develop ties between Mechel-Steel Management Company OOO and Kyrgyz Republic national company Kyrgyz Temir Zholu. The two parties intend to build systematic cooperation, including exchanging product information.
KAZ Minerals has received approval for a US$1.2 billion expansion program at Aktogay Copper Project in Kazakhstan. This will double annual sulphide ore processing capacity to 50 million tonnes from 2021 through construction of a second concentrator.
MMG Lane Xang Minerals Ltd (LXML) Sepon was awarded runner-up for Best Mineral Processing Operation in the first ASEAN Minerals Awards. The award recognises ASEAN mining firms for responsible and environmental friendly mining practices.
FYI Resources has completed the first level of a review of targeted potash project in Laos, which included a study of the logistics and energy options in-country with the company now focusing on further development options.