Business news from Ukraine

ARCELORMITTAL KRYVYI RIH SPENDS UAH 141 MLN ON PURCHASE OF FIVE BELAZ TRUCKS TO INCREASE ORE EXTRACTION

26 September , 2017  

KYIV. Sept 26 (Interfax-Ukraine) – PJSC ArcelorMittal Kryvyi Rih (Dnipropetrovsk region) has spent UAH 141.3 million on the purchase of five new BelAZ trucks with a carrying capacity of 130 tonnes.
According to a company press release, in addition to the delivery of the trucks, the contract includes the supply of spare parts for them and maintenance.
Automotive equipment for the mining department was purchased as part of the enterprise’s modernization program. New heavy-duty trucks will ensure delivery of ore from the second and third quarries.
According to ArcelorMittal Kryvyi Rih CEO Paramjit Kahlon, the company has ambitious plans to reach the extraction of 28-29 million tonnes of overburden, 10 million tonnes of iron ore concentrate per year.
According to him, the plant plans in 2017 to additionally purchase heavy-duty dump trucks for both ArcelorMittal Kryvy Rih and the combine in Kazakhstan.
“Modern equipment and introduction of advanced technologies increase the competitiveness of ArcelorMittal Kryvy Rih, strengthen leadership positions in the mining and metallurgical industry of Ukraine,” the company director stressed.