Metalloinvest has started implementing the technique of fine screening at Mikhailovsky Mining and Processing Works.
The use of new Derrick screens will improve the quality of the concentrate by increasing iron contents from 65% to 67%, while decreasing the content of silicon dioxide.
Investments in the project by the end of 2022 are estimated at 10.6 billion rubles.
“The deep modernization of MGOK operations will allow decreasing manufacturing expenses, improving quality characteristics of iron ore products and increasing the product range. It will also allow our company to strengthen our positions on the world iron ore raw materials market”, Metalloinvest CEO Andrei Varichev said. (Ukrainian metal)