Ukraine: CGOK finishes indurating machine repairs
The Central Mining and Processing Works, a part of Metinvest, has finished the planned repairs of the indurating machine at the pelletizing factory.
The Central Mining and Processing Works, a part of Metinvest, has finished the planned repairs of the indurating machine at the pelletizing factory.
Central Mining and Processing Works has given 1.5 million UAH for landscaping and public amenities of its hometown of Kriviy Rih.
Metinvest B. V. (the Netherlands) has increased its share in the Central Mining and Processing Works (CGOK, Dniepropetrovsk region) from 99.5707% to 99.7481%.
The Central Mining and Processing Works supervisory board has appointed Dmitry Shevchik the general director of the company.
Metinvest Group states that as of July 20 Ukraine owes its Severniy Mining and Processing Works and Central Mining and Processing Works (both in Kriviy Rih) 529.86 million UAH for VAT-reimbursement.
In January-February the major exporter of iron ore pellets in the CIS countries was Poltava Mining And Processing Works (PGOK, controlled by Ferrexpo). The company exported 1.81 million tons of pellets to Europe, Near East, Japan and China.
In 2014 Central Mining and Processing Works (Central GOK, Dniepropetrovsk region), a part of the Metinvest group, decreased its net profit by 51.2%, to 767.85 million UAH YoY.
The mining and processing works (MPW) have released the production data for 8 months. In January-August the Poltava MPW increased the iron ore concentrate output by 11.8%. In the given period it produced 8.63 million tons of iron ore concentrate and 7.07 million tons of pellets, up by 11.5% YoY. The Ingulets MPW has retained…