ArcelorMittal Plans to Double Plant’s Capacity to 10 Million Mtpy
Kazakhstan project may take nine years to complete
Kazakhstan project may take nine years to complete
ArcelorMittal reports it plans to double the steelmaking capacity of its Temirtau integrated works in Kazakhstan from 5 million to 10 million metric tons/year. The world’s largest steelmaker says the complex expansion may take up to nine years to complete. It has begun “collaborating” with the government of the Central Asian nation to plan and execute the project.
No details of the capacity expansions have been released. Nor did the company did estimate the cost of the overall effort, but it said the investments would be matched by ongoing safety upgrades in the mill’s companion coal and iron mining operations, which are projected at $1.2 billion.
ArcelorMittal’s Kazakhstan mining facilities have been the site of several deadly accidents over the past several years.
The project is understood to have multiple areas of activity, including iron ore and coal mining as well as steelmaking. The current steelmaking equipment would be modernized with up-to-date process technology and environmental controls, and add about 4 million metric tons/year of new capacity.
As for iron mining operations at Atasu, Kazakhstan, ArcelorMittal says its plan is to increase its output from 10 million to 16 million metric tons/year. Such an increase would make the Temirtau steel mill self-sufficient for iron ore.
“With this significant investment, we are maintaining and developing our position as a key player in the regional and global steel market,” stated ArcelorMittal Temirtau CEO Frank Pannier. “We have formed a strong project team to look at the various aspects of the projects, from the technological choices to the product mix. We will use state-of-the-art technologies that will minimize the impact on the environment and optimize production, making Temirtau a sustainable and quality focused operation.”
No details of the capacity expansions have been released. Nor did the company did estimate the cost of the overall effort, but it said the investments would be matched by ongoing safety upgrades in the mill’s companion coal and iron mining operations, which are projected at $1.2 billion.
ArcelorMittal’s Kazakhstan mining facilities have been the site of several deadly accidents over the past several years.
The project is understood to have multiple areas of activity, including iron ore and coal mining as well as steelmaking. The current steelmaking equipment would be modernized with up-to-date process technology and environmental controls, and add about 4 million metric tons/year of new capacity.
As for iron mining operations at Atasu, Kazakhstan, ArcelorMittal says its plan is to increase its output from 10 million to 16 million metric tons/year. Such an increase would make the Temirtau steel mill self-sufficient for iron ore.
“With this significant investment, we are maintaining and developing our position as a key player in the regional and global steel market,” stated ArcelorMittal Temirtau CEO Frank Pannier. “We have formed a strong project team to look at the various aspects of the projects, from the technological choices to the product mix. We will use state-of-the-art technologies that will minimize the impact on the environment and optimize production, making Temirtau a sustainable and quality focused operation.”
