In 2023, Kryvyi Rih Iron Ore Plant (KZHRK) reduced its production of commercial iron ore from underground mining by 24.4% year-on-year to 2,183 thousand tons.
According to the company, in December, Pokrovska mine produced 40 thousand tons of ore, Kryvorizka mine – 25 thousand tons, Kozatska mine – 40 thousand tons, and Ternovska mine – 40 thousand tons, while the total production of the plant in December amounted to 145 thousand tons.
As reported, in 2022, KZHRK reduced production of commercial iron ore from underground mining by 32.8% year-on-year to 2.888 million tons.
KZHRK specializes in underground iron ore mining. The company has four mines: “Pokrovska (formerly Zhovtneva), Kryvorizka (Batkivshchyna), Kozatska (formerly Gvardiyska) and Ternivska (formerly Ordzhonikidze and then Lenin).
Starmill Limited owns 99.88% of the plant’s shares.
Earlier it was reported that SCM Group owns a certain share in KZHRK, while Metinvest Group has no relation to KZHRK. At the same time, SCM Group is only an investor, while Privat Group exercises operational control over the plant.
