In December 2023, ArcelorMittal completed the sale of its assets in Kazakhstan to Qazaqstan Investment Corporation (QIC). QIC acquired all the shares in ArcelorMittal Temirtau and ArcelorMittal Tubular Products Aktau. Qazaqstan Steel Group and its founder Andrey Lavrentiev became the new investor. ArcelorMittal Temirtau was later renamed Qarmet.
Orken-Atansor is representative office of Orken LLP, Qarmet’s iron ore division.
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