ENRC overcomes production problems

The final quarter of 2011 was a bit of a mixed bag for mining giant ENRC, with unexpected maintenance breaks reducing output of of ferro-alloys and iron ore, though other parts of the business were firing on all cylinders.

The final quarter of 2011 was a bit of a mixed bag for mining giant ENRC, with unexpected maintenance breaks reducing output of of ferro-alloys and iron ore, though other parts of the business were firing on all cylinders.

The group's Alumina and Aluminium, and Energy Divisions in Kazakhstan operated at effective full available capacity for the quarter, while the Ferro-alloys and Iron Ore Divisions operated at below full capacity due to unscheduled equipment repairs.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.