Business news from Ukraine

PIVNICHNY MINING RAISES UP PELLET OUTPUT BY 20% IN 2021

Pivnichny (Northern) Mining and Processing Plant (Kryvy Rih, Dnipropetrovsk region), part of Metinvest Group, increased production of commercial pellets in 2021, according to recent data, by 20.2% compared to 2020, to 6.35 million tonnes.
As the company told Interfax-Ukraine, in December production of pellets amounted to 550,000 tonnes.
At the same time, output of iron ore concentrate last year increased by 5.2%, to 13.4 million tonnes, including 1.13 million tonnes produced in December.
In 2020, the plant reduced production of commercial pellets by 32.6% compared to 2019, to 5.28 million tonnes, and production of iron ore concentrate increased by 4%, to 12.739 million tonnes.
Pivnichny Mining and Processing Plant is part of Metinvest Group, the main shareholders of which are PrJSC System Capital Management (SCM, Donetsk, 71.24%) and Smart-Holding (23.76%).
Metinvest Group’s management company is Metinvest Holding LLC

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