Metinvest Reaches Peak Iron Ore Production
OREANDA-NEWS. In 2013, Metinvest Group's Northern, Central and Ingulets GOKs produced 34.13m tonnes of marketable products reaching the all-time high over its seven-year history.
In the year of its 50th anniversary SevGOK achieved the highest production rates. In March 2013, SevGOK's preparation plant No. 1 set a record for producing over 1.3m tonnes of high-quality iron ore concentrate with 66.27% iron content. This is the best result SevGOK has ever had. In the same month the overburden rocks at Pervomaiskiy and Annovskiy open pits reached 1.3bn m3. The successful business year 2013 ended with another record as SevGOK produced 15m tonnes of concentrate - the best performance since the plant joined the Metinvest Group.
Central GOK also showed great results; it is the third year in a row the plant has achieved the concentrate production plan early and in full. On 2 December CGOK produced the planned 6.1m tonnes of concentrate, and by year end - 6.6m tonnes, a peak performance in seven years. In addition, the plant produced the record-breaking 2.31m tonnes of pellets.
Overall in 2013, Ingulets GOK produced 15.34m tonnes of concentrate last year, one of the best output performances in iron-ore production since the plant joined the Metinvest Group. In 2010, InGOK showed its best output performance by producing 15.44m tonnes of iron ore concentrate.
“The highly efficient performance of Metinvest mining businesses in Krivoy Rog comes from the Group's long-term investment programme. The significant investment and innovative programmes will ensure stable operations of our plants in the future,” underscored Nikolay Ishchenko, Director of Mining Division at Metinvest.
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