Zaporozhye Iron Ore Combine shareholders intend to discuss the paying of dividends for 2014. The extraordinary meeting of shareholders is scheduled for January 30, according to Minerfin, a.s., owning 51.1697% of the company shares. Out of the 1.129 billion UAH of net profit for 2014, the company will spend 850 million UAH to pay dividends,…
The Department of the State architecture-construction inspection in the Zaporozhye region has commissioned the main ventilation unit of the northern ventilation shaft at the Ekspluatatsionnaya mine. Zaporozhye Iron Ore Complex ordered the construction. The total area of the main ventilation unit building is 985.3 square meters, and its capacity is 500 cubic meters per second.…
Corum Group has finished the construction of the fan unit at the Expluatatsionnaya mine of the Zaporozhye Iron Ore Complex. The unit has already received the certificate allowing it to be commissioned. The fan will be providing the mine with ventilation for some 35 years. The new unit has replaced outdated centrifugal fans. (Ukrainian metal)
In January-August Zaporozhye Iron Ore Complex produced 2.847 million tons of iron ore, down by 2.1% YoY. Average iron content in the ore was 61.22%, up by 1.2% from the target. The company sold 2.877 million tons of ore (97.4%). In August ZZhRK mined 403.2 thousand tons of ore (up by 0.05% from the target)…
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)