Pokrov GOK (Mining and Processing Plant)

Pokrov Mining and Processing Plant GOK (Pokrov GOK, former Ordzhonikidze GOK) mines 70% of manganese ore in Ukraine. Its raw material base is represented by the eastern section of Nikopol manganese ore deposit (429.1 million tons of reserves).

Its main products are manganese concentrate (26% to 43% Mn) and manganese sinter ore. Its products are mainly sold in the Ukrainian market. Its main buyers are Nikopol and Zaporizhzhia ferroalloy plants.

Location: Pokrov, Dnipropetrovsk oblast, Ukraine
Shareholders: The Privat Group
Markets: Ukraine
Products: Manganese concentrate, manganese sinter ore

Production capacity

Manganese ore mining 5 open pits (Chkalov No. 2, Northern, Shevchenkiv, Pokrov, Oleksandrivka), 9,300 thousand tons
Manganese ore beneficiation 2 beneficiation plants — Chkalov and Oleksandrivka
Production of manganese sinter ore Bogdanivka Beneficiation Sinter Plant

Staff and wages

Number of employees 4,376
Average wage* UAH 113,000 per annum

* per worker before taxes

Charts and tables

Production results, thousand tons

10009008007006005004003002001000
2012 343 kt2012
2013 542 kt2013
2014 594 kt2014
2015 620 kt2015
2016 738 kt2016
2017 879 kt2017
2018 939 kt2018
300250200150100500
2012 151 kt2012
2013 300 kt2013
2014 287 kt2014
2015 274 kt2015
2016 51 kt2016
2017 162 kt2017
2018 197 kt2018

Indicative sales structure by products in 2018

Indicative sales structure by markets in 2018

* structure of sales volumes, metric tons

Financial performance, $ million

 201320142015201620172018
Sales8584546297106
EBITDA1028913825
EBITDA margin11.9%33.4%17.3%0.9%38.5%23.77%
Net income1100-6714
Net income margin13.1%0.3%0.3% -9.0% 7.4%13.30%
CAPEX363113

Key facts

In November 2016

Pokrov GOK extended the special license for the subsoil use until August 2036.

In December 2017

A repreparation line for production of manganese concentrate from sludge was put into operation.

Sources: websites of the companies, media outlets