Kazakhstan Coal Mine Fire Kills 42; Government Announces Nationalization of ArcelorMittal Temirtau

Latest fire in a series of work place deaths at mines operated by ArcelorMittal's subsidiary, Temirtau, prompts Kazakhstan's government to take the bold move to nationalize company due to dissatisfaction with multiple safety and investment violations.

The recent fire at the Kostenko coal mine in Kazakhstan, operated by ArcelorMittal's subsidiary, Temirtau, resulted in 42 casualties.
The Kazakh Government is nationalizing ArcelorMittal Temirtau following multiple safety and investment violations.
The fire at the Kostenko mine is believed to have been caused by a blast of methane gas.
The incident at the Kostenko mine is part of several fatal incidents at mines operated by ArcelorMittal.
According to President Kassym-Jomart Tokayev, more than 100 workers have died at ArcelorMittal sites in Kazakhstan since 2006.