By KYIV. Dec 29 (Interfax-Ukraine) – Central Mining, the Metinvest group’s only operating iron ore mine, reduced marketable pellet output 3% year-on-year in January-November to 2 million tonnes, Metinvest said in a press release.
The enterprise produced 9 million tonnes of crude ore and 3 million tonnes of concentrate, down 31%.
At the same time, the Central Mining this year has become a period of trials, with which the team adequately coped. Despite the war, logistics problems and economic challenges, the enterprise remains one of the best in the mining industry in Ukraine.
Thus, the Central Mining continued to produce high-quality products in 2022 – concentrate with an iron content of 70% or more and pellets with an iron content of 67.5%. This contributed to the fact that the company remained with orders during a difficult period and was able to work, meeting its obligations to customers and providing work for its employees.
Equipment upgrades continued, with pelletizing and roasting machine overhauls completed, and a major unit at the crushing plant and conveyor transport was repaired. The upgraded equipment is ready to receive an additional 4.5 million tonnes of iron ore.
This year, a humanitarian mission has been added to the industrial tasks of the Central Mining. In March, a humanitarian hub was launched at the plant as part of the Save Lives project, implemented by the Metinvest group in coordination with the Rinat Akhmetov Foundation. During this time, volunteer employees of the plant formed 135,000 food kits for migrants, representatives of privileged categories, families of mobilized and veterans of the plant.
Central Mining, based in Kryvy Rih, is one of Ukraine’s five biggest iron ore miners.
Metinvest’s main shareholders are SCM group with a 71.24% stake, and Smart Holding with 23.76%.
