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Math model saves Russia’s MMK $7.7 million

MINING.COM Staff Writer | June 12, 2019 | 6:40 am Europe Coal Iron Ore 

Russia’s Magnitogorsk Iron and Steel Works (MMK) saved about $7.7 million in 2018 thanks to the use of a mathematical model to optimise the delivery and consumption of coal. In a press release, the company said that the savings were...

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