Major African mining companies are beginning to realise the immense potential of AI to disrupt entire industries

180 new manufacturing projects worth 1.5 trillion tenge planned to be launched in Kazakhstan in 2024

Turkmenistan announces plans for a ferroalloy production plant, including ferrosilicon, silicon carbide, and technical silicon.

Iron ore pellet production is likely to reach an all-time high in FY24 supported by strong domestic demand and pick up in exports.

Saudi Arabia is making a strategic investment of $12 billion in ferrous metallurgy, expecting a significant 2.5-fold increase in steel consumption.

In addition, the package also includes import ban on copper, nickel, aluminum, zinc, manganese and articles thereof.

The plant, which is expected to be completed by 2025, involves a substantial investment of over 113 billion tenge (approximately $245 million).

S.Africa's Exxaro to sell ferroalloys unit by end-June 2024