Business news from Ukraine

Business news from Ukraine

CENTRAL MINING INCREASES PRODUCTION OF CONCENTRATE BY 10%

18 February , 2021  

Central Mining and Processing Plant (Kryvy Rih, Dnipropetrovsk region), part of Metinvest Group, in 2020 reduced the production of merchant pellets by 5.4%, compared to the previous year to 2.27 million tonnes.
According to the audited consolidated financial results released by Metinvest on Tuesday, last year the output of iron ore concentrate at the plant increased by 10%, to 4.904 million tonnes.
Central Mining and Processing Plant is one of the five largest producers of mining raw materials in Ukraine. It specializes in extraction and production of iron ore raw materials – concentrate and pellets.
The plant is part of Metinvest Group, the main shareholders of which are PrJSC System Capital Management (SCM, Donetsk, 71.24%) and the Smart-Holding (23.76%).
Metinvest Group’s management company is Metinvest Holding LLC.

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