Sukha Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH group, plans to increase iron ore production in 2024.
According to a report in DCH Steel’s corporate newspaper on Thursday, the company’s iron ore production will be cut in 2023 due to the shutdown of the Frunze mine. Frunze mine in 2023, production decreased compared to 2022.
“However, the situation has improved since the second half of 2023, and in 2024 we plan to increase ore production and sales by 20%, as well as the volume of sinking and drilling operations. We have allocated funds for capital repairs, construction and purchase of new equipment. In particular, in March, it is planned to replace the mine osprey at Yubileynaya mine,” said Igor Piltek, chief engineer of the mine, as quoted in the publication.
According to the company, in 2023, the mine produced 941 thousand tons of commercial ore (1.469 million tons in 2022). The plan for 2024 is 1.134 million tons.
Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore by underground mining. The mine includes Yubileynaya and Frunze mines. Frunze mine.
DCH Group acquired the mine from Evraz Group in May 2017.
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.
In January-October this year, Kryvyi Rih Iron Ore Plant (KZHRK) reduced its production of commercial iron ore from underground mining by 28.3% year-on-year to 1,903 thousand tons.
According to the company, in October, Pokrovska mine produced 23 thousand tons of ore, Kryvorizka mine – 40 thousand tons, Kozatska mine – 10 thousand tons and Ternivska mine – 40 thousand tons, for a total production of 113 thousand tons at the plant in October.
As reported, in 2022, KZHRK reduced the 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.
In January-September this year, Kryvyi Rih Iron Ore Plant (KZHRK) reduced production of commercial iron ore from underground mining by 28.5% year-on-year to 1.8 thousand tons.
According to the company, in September, Pokrovska mine produced 35 thousand tons of ore, Kryvorizka mine – 35 thousand tons, Kozatska mine – 25 thousand tons and Ternivska mine – 40 thousand tons, while the total production at the plant in September amounted to 135 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 Oktyabrskaya), Kryvorizka (Rodina), Kozatska (formerly Gvardeyskaya) and Ternovska (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.
In January-August this year, Kryvyi Rih Iron Ore Plant (KZHRK) reduced production of commercial iron ore from underground mining by 28.2% year-on-year to 1,655 thousand tons.
According to the company, in August, Pokrovska mine produced 70 thousand tons of ore, Kryvorizka mine – 60 thousand tons, Kozatska mine – 50 thousand tons and Ternivska mine – 45 thousand tons, while the total production of the plant in August amounted to 225 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 Oktyabrskaya), Kryvorizka (Rodina), Kozatska (formerly Gvardeyskaya) and Ternovska (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.
