Business news from Ukraine

Business news from Ukraine

Pivdenny GOK increases concentrate output

8 January , 2021  

Pivdenny Mining and Processing Plant (Pivdenny GOK, Dnipropetrovsk region) in 2020 increased the output of iron ore concentrate by 4.4% compared to the previous year, to 12.798 million tonnes.

According to the company, no sinter was produced last year.

In December, the plant produced 1.064 million tonnes of iron ore concentrate, which is 10.2% more than in December 2019.

Pivdenny Mining and Processing Plant is one of the main producers of iron ore raw materials in Ukraine, concentrate and sinter. It is engaged in the extraction and enrichment of ferruginous quartzites to obtain iron ore concentrate with an iron content of 67.7%, as well as blast furnace sinter with an iron content of 58.18%.

The plant is controlled by the Metinvest Group and Lanebrook Ltd. (the majority shareholder of the Evraz Group), which at the end of 2007 acquired 50% of Pivdenny GOK shares from the Privat Group (Dnipro).