Kazakhstan In Takeover Of ArcelorMittal Subsidiary Following Deadly Coal Mine

Kazakh Industry Minister Qanat Sharlapaev said on December 7 that the Central Asian nation's government had bought ArcelorMittal's subsidiary for $286 million following a coal mine accident in the central region of Qaraghandy in October that killed 46 miners. In 2006, two accidents at mines under ArcelorMittal’s control killed 51 people. ArcelorMittal, led by the Luxembourg-based Indian businessman Lakshmi Mittal, had controlled coal mines in the Qaraghandy region for 30 years. To read the original story by RFE/RL's Kazakh Service, click here.