Kazakhstan's KZHRK, a major iron ore producer, plans to partially resume operations after halting production on March 8, 2025, due to debts and power outages.
The company intends to restart activities at one or two mines, aiming to stabilize its financial situation and restore supply chains. The downtime had significant impacts on the local economy and employment.
KZHRK's management is working closely with stakeholders to address the underlying issues and ensure a sustainable path forward for the company's operations.
Vietnam Steel by Hoa Sen Group
