Sukha Balka GOK (Mining and Processing Plant)
Sukha Balka mines iron ore using the underground method at two mines: Yuvileyna (reserves of rich iron ore — 44.9 million tons) and Frunze (reserves of rich iron ore — 14.2 million tons). Yuvileyna mine is shafted by 1,210 meters, Frunze mine by 1,370 meters.
The company produces 56% to 64% Fe sinter ore. More than 60% of its products are shipped to the domestic market. The rest is exported to Europe.
Since 2017, Sukha Balka is part of the DCH Group.
Frunze mine — 1,285 thousand tons
Staff and wages
* per worker before taxes
Charts and tables
Production results, thousand tons
Indicative sales structure by products in 2018
Indicative sales structure by markets in 2018
* structure of sales volumes, metric tons
Financial performance, $ million
|Net income margin||13.2%||13.2%||-8.5%||-4.6%||-26.8%|
In 2019, Sukha Balka plans to prepare 2 new horizons (1500 and 1580 m) for operations at the Yuvileyna mine.
In July 2018
Production of 64% Fe commercial ore was launched. Until that time, iron content did not exceed 60%.
In July 2018
A horizon of 1,210 meters was put into operation at Frunze mine.
In November 2017
Sukha Balka extended the licenses for iron ore mining at Yuvileyna and Frunze mines for 20 years.
In May 2017
The DCH Group aсquired Sukha Balka GOK from the Evraz Group for $110 million.
Sources: websites of the companies, media outlets