Business news from Ukraine

CGOK overhauled one of crushing plant’s sections for UAH 2.4 mln

4 June , 2024  

Central Mining and Processing Plant (CMP, Kryvyi Rih, Dnipropetrovska oblast), a member of Metinvest Group, has overhauled the classification building of its crushing plant as part of its investment program.

According to the press release, Metinvest allocated UAH 2.4 million for the project.

It is noted that the plant continues to carry out systematic repairs to ensure uninterrupted production and avoid downtime.

It is also explained that the equipment of the classification building is a reloading unit for the transportation of dry magnetic separation tailings. The equipment includes a screen and a classifier that washes dirt from the tailings. The process produces clean crushed stone that is used in the construction of roads and railways.

In addition, it is specified that the stairs, walkways, and platforms of this area are constantly exposed to aggressive environments and interact with water, so the structures need to be updated in a timely manner.

The overhaul of the classification area took four months. The key works included strengthening the load-bearing structures of columns and beams, replacing the metal structures of equipment maintenance areas (screens, conveyors), as well as the metal structures of the fence and sump. The metal structures were also given anti-corrosion protection.

“The work performed has significantly increased the level of safety for employees, minimizing the risk of injury, and ensured the stability of the classification equipment,” said Alexander Ivashura, head of the crushing plant at the Central GOK.

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.