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32 killed in Kazakh coal mine blaze; govt to nationalise firm

By on October 29, 2023 0 17 Views

Kazakhstan’s President Kassym-Jomart Tokayev said ArcelorMittal “has turned out to be the worst in our history from the point of view of cooperation with the government”. He ordered his cabinet to stop investment cooperation with the firm. The government confirmed it was working to finalise a plan to nationalise the company, which also operates the country’s biggest steel mill. Last month, First Deputy PM Roman Sklyar said Kazakhstan was in talks with potential investors who could take over the mill. agencies

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