Minerfin, owning 51.16977% of shares of the temporarily occupied Zaporozhye Iron Ore Complex, suggests replacing chairman of the board. As of Q1 2023, KSK Consulting, a.s. owned 19.0632% and Zaporizhstal – 29.5193%. Instead of the chairman of the board and CEO Dmitriy Kolesnikov, Minerfin suggests appointing technical director Andrei Karnaukh instead. The decision will be…
On September 28, Zaporozhye Iron Ore Complex will hold a remote shareholders meeting. The company ended last year with the net loss of 371.605 million UAH as opposed to a net profit of 5.193 billion UAH in 2021. The shareholders intend to cover last year losses with the cover from the future periods. They will…
Russian invaders failed to resume operation of Zaporozhye Iron Ore Complex in occupied Dneprorudnoye. The miners refused to cooperate with the enemy. The occupiers promised to pay them 60% of their previous salary. (Ukrainian metal)
Zaporozhye Iron Ore Complex is not operating, as it is situated in the currently occupied Dneprorudnoye. This is the only enterprise in Ukraine that mines iron ore at the depth of 1 km. “If the pump stations don’t operate and don’t pump out water, in a week the water will rise from the 1-km level…
In January, Zaporozhye Iron Ore Complex extracted 262.7 thousand tons of ore with the iron content of 60.86%, up by 0.1% from the target. The enterprise sold 288.8 thousand tons, up by 4.1%. 1,877 meters of rock has been excavated (+1.3%) and 38,732 meters of wells has been bored (-8.3%). (Ukrainian metal)
In January-July, Zaporozhye Iron Ore Complex decreased iron ore output by 2% YoY, to 2.64 million tons. In July, the enterprise mined 412.1 thousand tons of ore. The company is mining ore at the depth of 301-1140 meters. In 2019, output grew by 0.3% YoY, to 4.56 million tons. (Ukrainian metal)
In January-April, Zaporozhye Iron Ore Complex increased iron ore output by 0.1% YoY, to 1.507 million tons with iron content of 60.86%. In 4 months the enterprise sold 1.467 million tons of iron ore raw materials. In April, ZZhRK mined 372.6 thousand tons of ore with iron content of 60.86% and sold 396 thousand tons…
In January-February, Zaporozhye Iron Ore Complex increased output by 1.4% YoY, to 749 thousand tons. In February, manufacture grew by 4.7% MoM, to 383 thousand tons. In 2019, the enterprise produced 4.563 million tons of ore, up by 0.3% YoY. (Ukrainian metal)