In 2019 Yakovlevsky Mining and Processing Works increased ore output by 21% YoY, to 1.5 million tons.
Under the investment campaign amounting to 5.4 billion rubles, the enterprise has bought over 100 unites of machines, including 4 self-propelled drilling machines, 9 heading machines, 6 loading and transporting machines, 2 locomotives, etc.
Moreover, the company has modernized its processing factory.
For the first time the company has created a new type of product – blast furnace ore with the iron content of 45%. Sinter ore quality also improved – iron content grew from 60% to 62%.
The number of employees increased last year – almost to 2 thousand people. This year some 500 employees will be hired.
In 2020 Yakovlevsky GOK intends to mine 2.7 million tons of iron ore and by 2023 – 5 million tons. (Ukrainian metal)