On October 22, the State Labor Service revoked the license to produce industrial explosives from the Unigran-Service LLC. In March, the similar license was revoked from Kriviy Rih Iron Ore Industrial Complex. In both cases the licenses were revoked at the companies’ requests. (Ukrainian metal)
In November, Krivoy Rog Iron Ore Industrial Complex increased iron ore output by 28.6% YoY, to 135 thousand tons. Compared with October, sinter ore production grew by 28.6%. In particular, the Ternivska mine yielded 43 thousand tons of ore, up by 7.5% MoM and by 43.3% YoY, Kozatska – 15 thousand tons (+50% and -46.4%),…
In August, Krivoy Rig Iron Ore Industrial Complex decreased iron ore manufacture by 16.7% YoY, to 225 thousand tons. Compared with July, output remained unchanged. In particular, the Ternivska mine produced 45 thousand tons of ore, up by 12.5% MoM and by 35.7% YoY, Kozatska – 50 thousand tons, up by 25% MoM, but down…
In January-June, Kriviy Rih Iron Ore Industrial Combine decreased iron ore output by 31.3% YoY, to 1.2 million tons. The Ternivska mine yielded 295 thousand tons of ore, down by 39.2%, Kozatska – 285.4 thousand tons, down by 39.9%, Pokrovska – 247.6 thousand tons, down by 24.3%, and Kryvorizka – 377 thousand tons, down by…
The co-founder of Privat Group Igor Kolomoyskiy has sold his part in the statutory capital of Kriviy Rih Iron Ore Industrial Complex. The new shareholder is now a Russian “thief in law” Mikhail Voyevodin called Misha Luzhnetskiy. He is the chief beneficiary of VS Energy, which in Ukraine owns five regional energy suppliers, a part…
In January-October, Krivoy Rog Iron Ore Industrial Complex decreased iron ore output by 26.8% YoY, to 2.654 million tons. In October, the Pokrovskaya, Krivorozhskaya and Kazatskaya mines yielded 40 thousand tons each and Ternovskaya – 30 thousand tons. As a whole the plant produced 150 thousand tons, down from 200 thousand tons in September, 270…
Krivoy Rog Iron Ore Industrial Complex continues operating during war and is developing manufacture, as well as carrying out important repairs. “Our own way to adapt to the war began with holding concrete positions and choosing new priorities. Pledge of stable extraction is the construction of new horizons. Unlike many enterprises, which have stopped operation,…
In 2021, Krivoy Rog Iron Ore Industrial Complex increased net profit 2.37-fold YoY, to 4.02 billion UAH. Net income grew by 68.9%, to 11.16 billion UAH. Iron ore output with iron content of 58.32% was 4.298 million tons. 30% was supplied to Mariupol Ilyich Iron and Steel Works, but in Q1 2022 deliveries decreased to…