Baku, Azerbaijan, June 23
By Elena Kosolapova - Trend:
Kazakh President Nursultan Nazarbayev within his working visit to Aktobe region launched the first melting furnace at new ferroalloy plant, Kazakh presidency reported on June 23.
"The president congratulated the plant's staff on the launch of a new major production, wishing success and prosperity," the presidency said.
The new ferroalloy plant is owned by transnational company Kazchrome which is a part of Eurasian Natural Resources Corporation PLC (ENRC). The design capacity of the plant is 440,000 tonnes per year of high carbon ferrochrome and its production volumes are expected to reach 226,500 tonnes in 2014.
Kazchrome is one of the world's largest ferrochrome producers, supplying the market with a range of high-grade chromium alloy. Its primary product is high-carbon ferrochrome, with a chrome content of 68 percent. Also produces rutile, zircon and ilmenite concentrates.
Edited by C.N.
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