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Where is Magnitogorsk Iron and Steel Works (MMK) Investing?

... completed the acquisition of the Tikhova mine, which will allow for significant synergies with MMK-COAL, increase production volumes, and access a scarce grade of coal 2Zh. MMK Main Investment Areas: Modernization of Production Facilities: Construction of Coke Battery No. 12: In July 2023, the most powerful coke battery in Russia, with a capacity of 2.5 million tons of dry coke per year, was commissioned, covering half of MMK's demand for this type of product. Smart-Lab Upgrade of Steelmaking Units: Investments ...