Krivoy Rog Iron Ore Deposits Plant (KZHRK) in January-April of this year reduced the production of marketable iron ore by 31.4% as compared to the same period last year – up to 805 thousand tons.
According to the company, in April, the mine “Pokrovskaya” produced 60 thousand tons of ore, “Krivoy Rog” – 70 thousand tons, “Kozatska” – 55 thousand tons and “Ternovskaya” also 55 thousand tons, the total for the combine in April – 240 thousand tons.
As Ukrainian News earlier reported, in the first quarter of 2023 KZHRK reduced the production of marketable iron ore from underground mining by 36.4% y-o-y, to 565 thousand tons.
Pokrovskaya Mine produced 55 thousand tons of ore, Krivoy Rog also 55 thousand tons, Kozatska – 60 thousand tons, and Ternovskaya Mine also 60 thousand tons. The total output of the combine in March was 230 thousand tons.
In February, all four mines produced 50 thousand tons of ore each, totaling 200 thousand tons per month.
In January 2023 mine “Pokrovska” produced 25 thousand tons of ore, “Kryvorizka” – 40 thousand tons, “Kozatska” – also 40 thousand tons, and “Ternivska” – 30 thousand tons, the total output of the combine in January – 135 tons.
In 2022, KZHRK reduced the production of marketable iron ore from underground mining by 32.8% versus the previous year, to 2.888 million tons.
KZHRK specializes in underground mining of iron ore. KZHRK has four mines: “Pokrovska” (formerly “October”), mine “Krivorozhskaya” (“Rodina”), “Kozatska” (formerly “Gvardeyskaya”) and “Ternovskaya” (formerly the Ordzhonikidze mine, then named after Lenin).
Starmill Limited owns 99.88% stake in the company.
As previously reported, SCM Group owns a certain stake in KZHRK, while Metinvest Group is not related to KZHRK. At the same time, SCM Group is only an investor, while Privat Group exercises operational control over the plant.
