On November 7, Yuzhniy Mining and Processing Works in Krivoy Rog is resuming operation. The output target for the month in the amount of 173 thousand tons of iron ore concentrate has already been approved. The concentrate will be supplied to Kametstal and Zaporizhstal. The volume of processing will be divided between two factories. Both…
Shareholders of the Yuzhniy Mining and Processing Works intend to keep the net profit of 29.8 billion UAH received in 2021 undistributed. The issue will be discussed at the extraordinary shareholders meeting scheduled for November 25. He shareholders will also elect new members of the revision committee and the chairman. (Ukrainian metal)
Under its investment program, Yuzhniy Mining and Processing Works has purchased 7 new dump cars with the capacity of 105 tons. The cars were produced by a Kriviy Rih mining and transport company. The dump cars will be transporting ore from the quarry to the crushing factory. In January-April, UGOK produced 3.1 million tons of…
The Yuzhniy Mining and Processing Works has purchased special New Zealand equipment for the quality department. Metinvest investments in the laboratory modernization amounted to 1.3 million UAH. The Boyd Elite RSD jaw crusher uses ore samples from various excavators and reloading sites of the Pervomayskiy and Gannovskiy quarries, as well as ore-processing factory No. 1.…
In April, Yuzhniy Mining and Processing Works decreased iron ore concentrate production by 22.9% MoM, to 316.9 thousand tons. In April 2021, output totaled 1.03 million tons. Some concentrate was shipped to Zaporizhstal. There are no opportunities to ship raw materials to Asia and North Africa. In January-April, UGOK produced 3.1 million tons of concentrate,…
In March, Yuzhniy Mining and Processing Works produced 411 thousand tons of iron ore concentrate, down by 64% MoM. Most of the concentrate was shipped to the Western Europe. The delivery by sea to Asia and North Africa is currently blocked by the Russian warships in the Black Sea. In January-February, UGOK produced 2.39 million…
Yuzhniy Mining and Processing Works has switched to operation according to martial law and will meet its target to produce iron ore concentrate in March. On March 16, the company carried out a controlled explosion, the first since the war started. The volume of rock available for excavation is 350 thousand cubic meters. Iron ore…
Tough saving of financial and material resources allows Yuzhniy Mining and Processing Works maintaining stable and controllable operation. The Russian invasion of Ukraine affects the company operation. “Because of the blocking of the Black Sea, UGOK cannot ship iron ore concentrate to customers in Asia and North Africa. The only way to ship is via…
