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30 Oct
06:59

ArcelorMittal Temirtau suffers fatal incident amid nationalisation deal

Luxembourg-based steelmaker ArcelorMittal’s agreement to transfer ArcelorMittal Temirtau (AMT) to Kazakh state ownership has gained urgency following another fatal mine incident, Kallanish notes. A fire at the Kostenko coal mine took the lives of at least 45 people over the weekend, according to reports. “Negotiations began several months ago, and an agreement in principle was signed shortly before a recent tragic accident,” ArcelorMittal says o…
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