In January-June Zaporozhye Iron Ore Complex mined 2.021 million tons of iron ore, or 100.1% of the plan, at the same time down by 7.2% YoY. The average Fe content in ore in H1 was 61.22%, or 101.3% of the plan. The company sold 2.095 million tons of ore, or 97.7% of the plan. In…
On May 12 miners of the Zaporozhye Iron Ore Complex mined the 160-millionth ton of ore. According to the company statement, the 150-millionth ton was mined 2 years ago, on February 20, 2015. “The yield of the 160-millionth ton of ore by the Ekspluatatsionnaya and Prokhodcheskaya mines is an event that will forever be written…
Minerfin (Slovakia) and Zaporizhstal will not stop investing into the Zaporozhye Iron Ore Complex. “Despite the very difficult situation – two years ago iron ore world prices dropped sharply – we still carried on investing in the construction of the grinding complex. I hope the development of the enterprise will not stop, and together with…
Zaporozhye Iron Ore Complex has gained access to ore reserves of 68 million tons. The construction of the new grinding complex and the new ore deposits will create 152 new jobs. In 2012-2016 ZZhRK invested over 1.86 billion UAH into development and modernization. (Ukrainian metal)
In 2016 Zaporozhye Iron Ore Complex produced 4512.2 thousand tons of ore, down by 4.03% YoY, or by 189.3 thousand tons. According to the company statement, in 2016 it shipped 4494.5 thousand tons of iron ore raw materials. Investment project in 2017 will reach 800 million UAH. In 2015 ZZhRK received 232.085 million UAH of…
According to the International economic rating “Best of the Best” Zaporozhye Iron Ore Complex was named “Company of 2016”. The new status has been confirmed by Standard Chartered Rating GmbH (Germany), International Rating Association (Hong Kong) and Summit International Awards (Ukraine). “This prize is the high evaluation of both the company reputation on the whole,…
Shareholders of Zaporozhye Iron Ore Complex have decided to spend all the company net profits for 2015 on development. In 2015 ZZhRK net profits fell 4.9 times YoY, to 232.08 million UAH from 1129.12 million UAH. (Ukrainian metal)
Shareholders of Zaporozhye Iron Ore Complex have renewed its supervisory board, having dismissed three out of four members and replacing legal entities with individuals. According to the company statement, Minerfin A.S., owning 51.1698% of the company shares (Slovakia), KSK Consulting A. S. (19.0632%, Czech Republic) and the former Zaporizhstal commercial director Vladimir Bayda have left…