In January-September 2023, Pokrovsk Mining and Processing Works increased net loss 4.8-fold YoY, to 235 million UAH. Net income decreased by 0.9%, to 1.06 billion UAH. Undistributed profit amounted to 1.11 billion UAH. (Ukrainian metal)
In January-September, Pokrovsk Mining and Processing Works received 49.98 million UAH of net loss as opposed to a net profit of 99.32 million UAH last year. Net income decreased by 54.4%, to 1.07 billion UAH. Undistributed profit amounted to 1.35 billion UAH. (Ukrainian metal)
Pokrov Mining and Processing Works intends to launch the Bogdanovskaya Sinter Processing Factory after almost a yearlong shutdown. During the shutdown, the electricity supply lines at the factory went out of order, but they had almost been restored. When the electricity starts running again, the factory will receive raw materials. A special attention was paid…
Profetis Enterprises Limited (Cyprus), owning 24.3% of Pokrov Mining and Processing Works’ shares, has replaced two members of the supervisory board. In particular, Nikolai Sarafanov and Dmitriy Arshinov have been recalled. In their stead Vladislav Golovko and Yekaterina Shtepa have been appointed. Sarafanov and Arshinov have been members of the supervisory board since June 21,…
Pokrov Mining and Processing Works has launched its Chkalovskaya processing factory after a 4-month delay. The factory operates unstably due to the low demand for manganese concentrate. The factory resumed operation on July 6. One of the main problems with the launch of the factory was the lack of personnel, as more than 20 men…
From July, Pokrov Mining and Processing Works intends to increase manufacturing capacities. According to the technical director Victor Bondarets, the company will launch the magnetic separation site No. 2 and the Chkalovskaya Processing Factory. These divisions are now being actively prepared for the launch. The blow up of Kakhovka Hydropower Plant by the Russian occupiers…
Pokrovsk Mining and Processing Works supplies its manganese ore concentrate to the Nikopol Ferroalloy Works (NZF) only, as the Zaporozhye Ferro Alloys Plant has almost suspended operation. According to the company chairman Sergey Shuvayev, NZF needs products of the second sort only, that is why mostly the Northern quarry of PGOK operates. PGOK suspended operation…
This year, Pokrovsk Mining and Processing Works plans to produce as much as in 2022. According to the technical director Victor Bondarets, the enterprise is idle now and will remain like this until at least April 1 due to the shortage of electricity. “We will resume operation from April 1, when the heating season ends,”…