Metinvest iron ore. Over the year, pig iron production grew by 7% to 8. Compared to 2024, the company will increase its investment in iron ore assets by over 100%. Dec 31, 2024 · These results highlight the Group’s resilience in iron ore production despite challenges in steel and coking coal output. 7B ($135M) in the development of the Kryvyi Rih mining and processing plants. 03 million tons, the company’s report says. STENGTHENING THE BUSINESS In 2021, Metinvest was prepared to take advantage of steel and iron ore market developments. The company is based in the Inhulets exclave neighborhood of Inhuletskyi District, Kryvy Rih, Ukraine. As such, the share of Feb 22, 2022 · In 2020, Metinvest increased production of steel by 9% to 8. V. [1] Inhulets GZK sources iron ore from the deposits of ferruginous (iron oxide -containing) quartzite at the Inhulets deposit. Feb 14, 2026 · Metinvest has launched a second DRI-focused project at Northern Iron Ore Ukrainian mining and steelmaking group Metinvest has launched its second large-scale investment at the Northern Iron Ore facility as part of its program to produce high-quality direct reduction (DR) pellets for direct reduced iron (DRI) technology used in “green” steel production. Aug 13, 2024 · In Q2 2024, Metinvest Group reduced the production of total iron ore concentrate by 17% compared to the previous quarter – to 4. Feb 24, 2025 · In 2024, the Metinvest mining and metallurgical group significantly increased its total exports and sales of iron ore raw materials to over 12 million tons and notably reduced production costs, said CEO Yuriy Ryzhenkov. Jun 13, 2024 · Metinvest Group is committed to providing Europe with environmentally friendly iron ore to support the transition to green steel production. Feb 22, 2022 · In 2020, Metinvest increased production of steel by 9% to 8. The company has all the prerequisites for investing in capacity and is implementing a number of modernization projects. У березні 2010 року був призначений виконувачем обов'язків директора гірничорудного дивізіону Групи Метінвест. Metinvest continues to play a pivotal role in the global steel and mining sectors, adapting to market dynamics and maintaining a strong operational presence. The facility is backed by Finnvera, Finland’s export credit agency, and arranged solely by Deutsche Bank, which was advised by Norton Rose Fulbright. Feb 13, 2026 · Parallel pellet line modernization under way In late 2025, Metinvest announced plans to increase DR pellet production at Northern Iron Ore, alongside premium-grade raw materials for pig iron production. Recent investments in its assets and a relentless focus on operational improvements bore fruit. 5 mln) buyer credit facility with a term of 11. Northern Iron Ore plays a crucial role in the synergy of Metinvest's Iron Ore in Kryvyi Rih. 099 million tons. . This is stated in the company’s report. 47 million tons. , the parent of the vertically integrated steel and mining group, has secured an EUR 23. 5 years for its subsidiary, Northern Iron Ore. Metinvest Group increased its steel production by 4% in 2024 compared to 2023, to 2. Inhulets Iron Ore Dressing Works (InGZK) (Russian: InGOK) is a mining and processing plant which produces metallurgical products. 5 million tons. 73 million tons of iron ore concentrate and 4. Metinvest Holding is one of the largest Ukrainian companies, a vertically integrated producer of iron ore, coking coal, and steel with assets in Ukraine, Great Britain, the USA, and the EU. We would like to show you a description here but the site won’t allow us. The financing will support the Feb 19, 2025 · In 2025, Metinvest Group plans to invest ₴5. Since the beginning of 2024 Feb 19, 2025 · In 2025, Metinvest Group plans to invest ₴5. This is stated in the company’s quarterly report. 6 mln (USD 27. 35 million tons in Q3 2024. Buy iron ore raw materials, steel semi-finished products and coke and chemical products manufactured by Metinvest. Jul 22, 2025 · Metinvest B. 82 million tons. [2] Feb 14, 2025 · The company produced 15. On top of an increase in overall production volumes at its steelmakers and iron ore producers, the Group improved the quality of its product portfolio. Order iron ore raw materials in bulk from the manufacturer: a wide range of products, delivery. During almost three years of full-scale war, the largest enterprise among ore mining plants has been working hard to keep production at the highest possible level. In 2020, Metinvest ramped up iron ore concentrate production by 5% to 30. Pig iron production for the year increased by 3% y/y – to 1. In addition to constructing the flotation concentration complex, the program includes modernization of the pellet production line. Nov 19, 2024 · Metinvest Group reduced its production of iron ore concentrate (total) by 17% quarter-on-quarter to 3. 28 million tons of coal concentrate. Feb 14, 2025 · The company produced 15. From July 2007 till July 2009 he occupied the position of the Deputy Director of Iron Ore Division of Metinvest Group. 27 million tons against 2019. Even in extremely difficult times, the plant remains one of the largest employers and taxpayers in the region. saqdlu dbaukf uumso mxw sgivup wep eyqhfwj sebvwsy mobvsy bdns