Yuzhniy Mining and Processing Works continues supplying European metal companies with raw materials. The company produces and exports high-quality pellets. All the machinery is kept in working condition. UGOK is one of the main manufacturers of iron ore raw materials in Ukraine. In 2021, the company increased iron ore concentrate output by 5.5% YoY, to…
In January-February, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 19.2% YoY, to 2.39 million tons. In February, the company produced 1.15 million tons of concentrate, up by 18.7% YoY, but down by 7.2% MoM. In 2021, UGOK increased iron ore concentrate manufacture by 5.5% YoY, to 13.5 million tons. (Ukrainian metal)
In January, Yuzhniy Mining and Processing Works increased concentrate output by 18.7% YoY, to 1.242 million tons. UGOK is one of the main producers of iron ore concentrate in Ukraine. Last year, the company produced 13.581 million tons of concentrate. (Ukrainian metal)
Yuzhniy Mining and Processing Works expects to increase iron ore concentrate output by 5.5% YoY in 2021, to 13.5 million tons. This would be the highest result in the company operation in 30 years. Last year, UGOK completed the reconstruction of the Miners’ Glory Square, as well as repair of the Polytechnic college workshops. (Ukrainian…
In 2021, Yuzhniy Mining and Processing Works intends to invest 5 billion UAH in its development. The main funds will be directed to increase output capacity, improve product quality and modernize machine fleet. In particular, UGOK will spend 3 billion UAH on the modernization of the processing capacities. It will repair 4 technological sections at…
In January-May, Yuzhniy Mining and Processing Works increased iron ore concentrate output by 1.5% YoY, to 5.2 million tons. In May, UGOK produced 1.8 million tons of concentrate, down by 2.5% YoY. Last year, output grew by 4.4%, to 12.8 million tons. (Ukrainian metal)
In January-February, Yuzhniy Mining and Processing Works increased iron ore concentrate manufacture by 4.7% YoY, to 2.007 million tons. In February, UGOK produced 959.6 thousand tons of concentrate, up by 3.2%. In January, output grew by 6.2%, to 1047.4 thousand tons of concentrate. Sinter is no longer produced. (Ukrainian metal)
Shareholders of the Yuzhniy Mining and Processing Works intend to spend a part of the net profit for 2019 in the amount of 8.434 billion UAH to pay dividends (5.3 UAH per ordinary share). The issue will be discussed at the extraordinary meeting scheduled for March 5. The shareholders will also determine the net profit…