Russia: Mikhailovsky GOK profits up in 2017

In 2017 Mikhailovsky Mining and Processing Works increased net profit by 80% YoY, to 27.09 billion rubles.

Revenue exceeded 78.73 billion rubles, up by 37% YoY.

Sales profit grew by 66%, to 34 billion rubles. (Ukrainian metal)

Russia: Metalloinvest starts pilot operation of concentrate intake facility at Mikhailovsky GOK

Metalloinvest has started pilot operation of the concentrate intake facility at Mikhailovsky GOK. The company has invested 1.3 billion rubles in the project. The maximum design capacity of the facility is 3.2 million tons of concentrate per year. During the facility’s pilot operation, the company specialists will adjust the equipment and operating models in order…

Russia: Mikhailovsky GOK gets new drilling mill

Within the Metalloinvest program on the modernization of the mining and transport complex Mikhailovsky Mining and Processing Works receives new machinery.

In September the company mining fleet was increased with a new drilling mill.

It has already been assembled.

It is planned to be put into operation at the quarry this month. (Ukrainian metal)

Russia: Mikhailovsky GOK receives bulldozer from Chetra

A new Chetra T-40 bulldozer, produced by Chetra-Industrial Machines, has been supplied to Mikhailovsky Mining and Processing Works.

This is an exclusive bulldozer, as the company has only produced 37 of them. And they are already operating in Japan, Kazakhstan, Kemerovo region, etc. (Ukrainian metal)

Russia: Mikhailovsky GOK to supply pellets to Dunaferr

Mikhailovsky Mining and Processing Works has started supplying iron ore pellets to the Hungarian works of Dunaferr, owned by the Industrial Union of Donbass (Ukraine).

So far 67 thousand tons of pellets have been supplied. In Q4 MGOK plans to supply 160.2 thousand tons of pellets.