Metinvest has resumed work at the Severniy Mining and Processing Works and Ingulets Mining and Processing Works that have been idle since summer of 2022. Thus, all three Metinvest GOKs in Kryvyi Rih, including Central GOK, are operating now. The operation of the two GOKs was suspended in order to minimize iron ore products stocks.…
The Ingulets Mining and Processing Works has started repairing the drum of the wet magnetic separation mill No. 11 at the ore-processing factory No. 2. The repair will improve the efficiency of the mill and provide for its faultless operation. InGOK, as other Metinvest GOKs, is operating at 30-40% of its design capacity due to…
Severniy Mining and Processing Works has started repairing a 10-cibic meter excavator. The repair will be completed until the end of June, and in July the EKG-10 excavator will resume operation in the Pervomayskiy quarry. At the same time, Ingulets Mining and Processing Works has repaired a Cummins engine for a 130-ton dump truck. (Ukrainian…
The drainage system of the Ingulets Mining and Processing Works quarry has been modernized. In order to maintain the drainage capacities, tubes were relocated. Investments in the project exceeded 14 million UAH. Two branches of tubes of 975 meters each have been laid. One of the branches has been commissioned, The modernization of the system…
In January Ingulets Mining and Processing Works increased iron ore concentrate output by 0.7% YoY, to 956.2 thousand tons. The iron content was 66.07%. The manufacturing plan has been 101.5% fulfilled. The enterprise mined 2.493 million tons of ore. In 2018 InGOK produced 10.923 million tons of iron ore concentrate, up by 6.5% YoY. (Ukrainian…
The main mine fan produced at the Corum Druzhkovka Machine-building Works has been put into operation at the Ingulets Iron and Steel Works. The fan will be providing the enterprise with fresh air for at least 14 years. The new fan has replaced an older version, which has been operating for 25 years. It will…
Shareholders of Ingulets Mining and Processing Works, Central Mining and Processing Works and Severniy Mining and Processing Works (all parts of Metinvest) at their meetings on May 18 decided to pay dividends for 2017 in the total of 4.86 billion UAH. In particular, InGOK will spend 2.16 billion UAH to pay dividends, and leave 2.6…
Shareholders of three mining and processing works belonging to Metinvest intend to spend the combined amount of 4.86 billion UAH to pay dividends for 2017. The corresponding decisions are included in the agenda of the shareholder meetings scheduled for May 18. In particular, Severniy Mining and Processing Works plans to spend 2.16 billion UAH of…