Krivoy Rog iron-ore combine (KZHRK) in January-October of this year reduced the production of marketable iron ore underground mining by 26.8% compared to the same period last year – up to 2.654 million tons.
According to the company, in October, mines “Pokrovskaya”, “Krivoy Rog”, “Kozatskaya” produced 40 thousand tons each, “Ternovskaya” – 30 thousand tons.
The total output of the Company last month amounted to 150 thous. tons, while in September it was 200 thous. tons, in August – 270 thous. tons, in July – 280 thous. tons.
As reported, KZHRK in 2021 increased the production of iron ore from underground mining by 12.7% compared to 2020 – up to 4.298 million tons.
KZHRK specializes in underground mining of iron ore. KZHRK has four mines: “Pokrovska” (formerly “October”), mine “Krivorizka” (“Rodina”), “Kozatska” (formerly “Gvardeyskaya”) and “Ternovskaya” (formerly the Ordzhonikidze mine, then named after Lenin).
Starmill Limited owns 99.88% of the company.
KZHRK is owned by Metinvest Group and Privat Group. The company’s operational management is carried out by Privat Group.
