Iron ore

Petropavlovsk wants to sell its iron ore subsidiary IRC

Gazprombank is looking for a strategic investor gold-mining company Petropavlovsk, which will be able to buy a share of the company in IRC, the largest shareholder of Petropavlovsk Kenes Rakishev,

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Metalloinvest announces the opening of a green financing line

Metalloinvest announced the signing of a loan agreement with ING Bank for up to $100 million (or equivalent in Euro) for a period up to November 30, 2020.

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Joint enterprise of Akhmetov and Kolomoisky reduces underground mining of commercial iron ore by 18%

In January-March 2019, Kryvoy Rog iron ore combine, according to operational data, reduced the underground mining of commercial iron ore by 17.9% compared to the same period of the previous year to

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Karelsky Okatysh upgrades ore supply conveyor

One of the main transport lines at the factory, the K-17 conveyor with an hourly  throughput of 3.200 tons of ore, is being modernized at the Karelsky Okatysh plant, a leader in mining and pro

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Alexander Yaroslavsky's mine receives 790 million hryvnia of profits

According to the results of work in 2018, the mine Sukhaya Balka (Krivoy Rog), part of Alexander Yaroslavsky's DCH group, received a net profit of 786.4 million UAH, while it completed 2017 wit

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Korshunovsky GOK spent 130 mln rubles on modernization over the past three months

Irkutsk mining company Korshunovsky GOK (part of Mechel Group) has invested 130 million rubles in modernization of the enterprise since the beginning of the year.

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Ukrainian enterprises of Kolomoisky and Bogolyubov reduce output of ferroalloys and manganese concentrate

In January-February this year, large ferroalloy enterprises of the Ukraine - Nikopol and Zaporozhye ferroalloy plants (NZF and ZZF) reduced total output by 1% compared to the same period last year

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Metalloinvest energy specialists discuss development prospects

An annual meeting of the heads of the energy services of Metalloinvest’s enterprises was held at Lebedinsky GOK (part of Metalloinvest).

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Moody’s increased rating of Metalloinvest to Ba1 with stable outlook

Metalloinvest has reported that international rating agency Moody's Investors Service (Moody's) upgraded the company's corporate rating to Ba1 with a stable outlook from Ba2/positive.

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In 2018, net profit of Metalloinvest grew by 17.1%

In 2018, the net profit of Metalloinvest under IAS increased by 17.1% in comparison with the previous year to $1.647 billion, the company reported.

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