Metinvest Group’s Central Mining and Processing Plant (CMP, Kryvyi Rih, Dnipro Oblast) is carrying out major repairs to its railway tracks, investing over UAH 28 million to do so.
According to the plant, repair crews plan to renovate almost 1.5 km of railroad tracks by the end of the year.
It was clarified that Central GOK has an extensive system of railways, the total length of which reaches 270 km. This year, in addition to routine maintenance and repairs, the specialists of the Track and Yard Shop of the Railway Transport Department of the Central Mining and Processing Plant are carrying out major overhauls of a number of tracks and switches.
“Railways are an important component of production logistics, as the majority of cargo is delivered to the plant by rail, and the key to efficient transportation is primarily the condition of the tracks. This fall’s work is large-scale, involving the overhaul of almost 1.5 km of tracks. In particular, this will ensure the safety and reliability of traffic on the routes for the delivery of ore from the open pits and Kolachevsky mine to the crushing plant, as well as for the transportation of other goods for production needs,” said Alexander Mukha, Head of the Railway Transport Department of the Central Mining and Processing Plant.
Central GOK is one of the five largest producers of mining raw materials in Ukraine. It specializes in the extraction and production of iron ore concentrate and pellets.
CGOK is a part of Metinvest Group, whose major shareholders are System Capital Management (SCM, Donetsk) (71.24%) and Smart Holding Group (23.76%). Metinvest Group’s management company is Metinvest Holding LLC.
