Central Mining reduced ore delivery distance and diesel fuel costs

Metinvest Group’s Central Mining and Processing Plant has implemented an infrastructure project that has significantly reduced the cost of ore transportation. The company’s railroaders optimized two of the three routes for delivering raw materials to the crushing plant by building a new siding, according to a press release from Metinvest.Media.

Before the new scheme was implemented, the main route for ore transportation from Grekuvata station to the crushing plant was 7.9 km. Thanks to the new 0.7 km track section, the route was shortened by 5 km. This reduces annual diesel fuel consumption by 489 tons, which is equivalent to more than UAH 25 million at current prices.

According to Andriy Brykovets, head of the production bureau of the railway transport department of the Central Mining and Processing Plant, the project lasted about two months. As part of the work, the track development scheme was reconstructed, an embankment and an overpass for unloading ore were built. The overpass connected the Unloading and Grekuvata-Promyslova stations.

The project has a quick payback period of just 1.4 months and has already started to bring economic benefits to the company.

Over the past year, Central Mining has been increasing its production capacity and ended the year at almost 100% capacity utilization. In particular, the Kolachevsky mine reached its planned productivity. In addition, the company actively worked to reduce energy intensity and production costs by introducing innovative energy-efficient technologies.

  • Global Market

The EU plans to introduce a 15% duty on exports of aluminium scrap – FT

The EU intends to impose a 15 per cent duty on exports of aluminium scrap,…

Monday June 29, 2026
  • Global Market

The EC is not adhering to the spirit of the new steel safeguard measures – Interpipe CEO at URC 2026

The European Commission is not adhering to the spirit of the new legislation on safeguard…

Monday June 29, 2026
  • Global Market

Iron ore prices fell below $99/t in June

Iron ore prices (KORE 62% Fe/Qingdao) had fallen to $99.2/t as of 26 June 2026…

Monday June 29, 2026
  • Global Market

India has launched an anti-dumping investigation into hot-rolled steel from three countries

India has launched an anti-dumping investigation into hot-rolled flat steel products originating in or exported…

Monday June 29, 2026
  • Industry

Ukraine increased flat steel imports to 457,000 tonnes in January–May

Between January and May 2026, 457.22 thousand tonnes of flat-rolled steel were supplied to the…

Monday June 29, 2026
  • Companies

Ferrexpo is pressing ahead with efforts to raise at least $100 million in share capital

Ferrexpo, an iron ore producer with assets in Ukraine, is working to raise at least…

Monday June 29, 2026