Mittal to invest $500 million in Kazakhstan
Mittal Steel, the world's largest steel producer, announced plans to invest $500 million in its assets in
Kazakhstan over the next five years.
In a press conference in
Kazakhstan, Lakshmi Mittal, president of Mittal Steel said, "We're going to invest $500 million in the next five years."
A large part of the investment will be spent to develop the coal assets of Mittal Steel Temirtau in
Kazakhstan.