Business news from Ukraine

Business news from Ukraine

Metinvest’s United Mining and Processing Complex Produced 16.7 Million Metric Tons of Ore

The Central, Ingulets, and Northern Mining and Processing Plants (MPPs) of the Metinvest Mining and Metallurgical Group, which were reorganized into the United Mining and Processing Plant (UMPP), produced 16.7 million metric tons of ore, 7.8 million metric tons of concentrate, and 2.8 million metric tons of pellets during the January–June period of this year.

According to the company, the United Mining and Processing Plant exceeded its operational efficiency targets in the first half of the year.

It is noted that the first six months of 2026 served as a true test of resilience for the United Mining and Processing Plant. The enterprises operated under conditions of power supply restrictions, a shortage of railcars, technological challenges, and hostile attacks on production infrastructure. Despite this, thanks to the coordinated efforts of all departments, the company managed to ensure stable production, promptly repair damaged equipment, and exceed its operational efficiency targets.

“This result was driven by three key factors: the implementation of investment decisions—with the development of gas-fired power generation and measures to reduce the stripping ratio yielding the greatest impact—and the adoption of effective production practices. In particular, conducting blasting operations in-house at two open-pit mines and the systematic efforts of teams to reduce production costs,” the statement notes.

As previously reported, the United Iron Ore Mining and Processing Plant has iron ore reserves totaling 2.3 billion metric tons. According to Eduard Bespoyasko, chief geologist and head of the group’s mining department, even at 100% of the plants’ design capacity, reserves will last for at least half a century.
Metinvest is a vertically integrated group of mining and metallurgical enterprises. Its facilities are located in Ukraine—in the Donetsk, Luhansk, Zaporizhzhia, and Dnipropetrovsk regions—as well as in the European Union, the United Kingdom, and the United States.

The holding company’s main shareholders are the SCM Group (71.24%) and Smart Holding (23.76%). Metinvest Holding LLC is the management company of the Metinvest Group.

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