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ArcelorMittal Sells Temirtau Operations to Kazakh Government for $286 Mln -- Update

Por: MarketWatch Business December 08, 2023

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The company said Friday that it has received $286 million for the assets and that the deal includes a further $700 million as repayment of outstanding intra-group debt. The agreement brings to a close months of negotiations between the company and the Kazakh government, which were disclosed in late October after dozens of miners were killed in an incident at the company's Kostenco coal mine. The company had said in October that an... + full article



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