Tag: Oriel Resources
Mechel appoints deputy CEO
Mechel has appointed Alexey Ivanushkin its first deputy CEO. Ivanushkin will be in charge of Mechel’s strategic development issues, optimising the company’s structure and disposal of non-core assets.
Ferro-chrome capacity boost
Oriel Resources has launched the remaining two furnaces at its Russian ferro-chrome smelter after a short delay relating to high raw material prices, and now expects capacity to hit 148,000tpy, and is expected it to eventually reach 180,000tpy in 2011 as the second phase of the project comes on stream.