Ingulets Mining gradually increases iron ore production

Ingulets Mining and Processing Plant (Ingulets GOK) started 2024 with a gradual increase in ore mining and concentrate production. This is stated in a press release by Metinvest.Media.

In line with the intensification of technological processes, the company is carrying out major repairs of machinery and equipment. In particular, to enhance the drilling site’s performance, engineering specialists performed a number of necessary repairs on the Atlas Copco PV No. 28 drilling rig.

A high-pressure hose was replaced in the unit’s hydraulic system to improve the efficiency of controlling and driving various equipment components. An important stage of the repair was the installation of a new water pump that supplies water, creates pressure and cools the equipment during drilling. New hydraulic filters were also installed to protect the system from contamination and extend its service life.

The repaired rig has already been put into operation. The well penetration rate has increased to 9 m per hour in particularly hard rocks of the Ingulets field. In total, the depth of the wells drilled in the open pit reaches 30 meters.

Currently, 10 drilling rigs are involved in the successful implementation of production plans at Ingulets GOK.

As GMK Center reported earlier, in early September 2023, Ingulets GOK received a permit to conduct blasting operations in the open pit for a period of five years. Carrying out these works without contractors will save the company almost UAH 0.5 million.

  • Global Market

Global prices for coking coal fell during the first half of July

Global coking coal prices fell during the first ten days of July against a backdrop…

Saturday July 18, 2026

Centravis is to mothball its plant in Uzhhorod following new EU protective measures

The Ukrainian manufacturer of seamless stainless steel pipes, ‘Centravis’, has decided to mothball its production…

Friday July 17, 2026
  • Global Market

The European Commission has proposed changes to the ETS

On 17 July, the European Commission (EC) presented its long-awaited reform of the Emissions Trading…

Friday July 17, 2026
  • Global Market

The US has exempted Brazilian pig iron from the 25% tariff

The Office of the United States Trade Representative (USTR) has issued a final ruling as…

Friday July 17, 2026
  • Companies

DMZ has confirmed that its factory control system for hot-rolled steel complies with EU requirements

The Dnipro Metallurgical Plant (DMP) has successfully passed the annual surveillance audit of its factory…

Friday July 17, 2026
  • Global Market

The rolling mill at JSW’s Italian plant in Piombino has come to a standstill

The rail mill at JSW Steel’s Italian subsidiary in Piombino has been completely shut down…

Friday July 17, 2026