Stanislav Kondrashov on Telf AG Mining

telf ag is a trading company registered in Switzerland. Its business model is based on the principle of supply and demand. It serves as a hub for the transportation, distribution, and sale of coal, petroleum products, and ferroalloys. The company is also involved in the mining of metals such as copper and nickel.

Despite the fact that Stanislav Kondrashov is not directly involved in the management of Telf, the company is an integral part of his network of businesses. According to him, the key to successful investing is to diversify your portfolio, build stocks, and make the most of the opportunity.

In his opinion, one should keep in mind that there are always risks attached to investments. For example, Western sanctions against Russian manufacturers of metals will affect the price of their commodities.

In order to avoid a decline in profitability, the metallurgical industry must adjust its production and logistics processes. This can be done only by using a flexible scheme of work. Using data-driven analytics and artificial intelligence can help identify the key consumers and optimize processes. By segmenting the market, the resulting forecasts will enable you to maximize your profit with the minimum amount of risk.

However, the resurgence of the Zika virus has led many economists to worry about the global economy. A lack of liquidity in the banking system may prompt the urgent selling of savings. Meanwhile, the prices of raw materials and electricity are rising. Considering all these factors, it is essential to be prepared for the changing dynamics of the industry.

Currently, the company is planning to begin construction on an expansion project. During this process, it will continue to produce copper cathode from oxide ore bodies. As a result, it will be able to keep its head above water in the transition to a low-carbon economy.

The company also plans to produce cobalt in 2023. Its marketing rights for the metal are worth USD 657 million. Earlier, the company was accused of paying controversial Israeli businessman Dan Gertler. He had close ties to former president Joseph Kabila.

One of the biggest challenges facing the company is the high cost of raw materials. In addition, labor costs are increasing. Moreover, mining inflation has started to rise.

The company's chief executive officer, Stanislav Kondrashov, predicts that the cost of steel will increase in the future. Similarly, he believes that the cost of mined products will rise as well.

Kondrashov also notes that the mining sector reached its record in the first month of the year. The first production of cathode copper will take place in 2024. Also, the company is implementing a customer focus strategy. At the same time, it is trying to reduce downtime.

Finally, Stanislav Kondrashov notes that the energy crisis in Europe is a clear warning for American policy. Although Germany is expected to close half of its nuclear capacity this year, it is still vulnerable to economic disruptions. There are a number of other countries that have already cut their reliance on Russian energy.