Kazakhstan’s ENRC sees growth in Q3 ferroalloy output, operates at full capacity

Thursday, 11 November 2010 17:27:39 (GMT+3)   |  
       

Kazakhstan-based mining group Eurasian Natural Resources Corporation Plc. (ENRC) has announced that in Q3 2010 it increased its ferroalloy output by 14 percent year on year and by 1.3 percent quarter on quarter to 471,000 mt, while its output of iron ore pellets declined 9.6 percent year on year and by 17.4 percent quarter on quarter to 1.68 million mt.

ENRC said that its ferroalloys and iron ore divisions in Kazakhstan continued to operate at effectively full available capacity, and that for the remainder of the year the divisions are expected to continue to do so in order to meet the strong demand for products.

"During the period we continued to operate at full capacity and expect to do so for the remainder of the year, reflecting strong underlying demand for our products," ENRC's CEO Felix J. Vulis said.


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