Metinvest’s United Mining and Processing Plant saved over $8 million in five months

In the first five months of 2025, Metinvest Group’s United Mining and Processing Plant (Mining) achieved a total economic effect of over $8 million. This result was achieved thanks to a comprehensive approach to optimizing production processes and the economical use of resources, according to a statement from Metinvest Kryvyi Rih.

During April and May, the companies’ teams implemented a number of technical and technological initiatives. In particular, additional reserves were identified in the ore processing process at the enrichment plants. This made it possible to increase production efficiency without additional costs.

Another important step was the saving of energy resources – natural gas and electricity. This was achieved through a major overhaul at the Central GOK’s pelletizing plant. During the modernization, a new grate cleaning mechanism was installed, which reduced energy consumption.

In May, the plant optimized operations at the Pershotravneve quarry. The cancellation of three planned explosions, thanks to the prior reduction of rock to the maximum permissible tonnage, saved working time and resources.

In addition, in July, the plant is completing commissioning work on its own gas-generating facilities. It is expected that three power generation sites will now be operational, which will reduce the consumption of expensive energy during peak load hours.

As a reminder, in 2025, Metinvest plans to invest UAH 5.7 billion in the development of the Kryvyi Rih mining and processing plants. Compared to 2024, the company will more than double its investment in iron ore assets.

At the end of 2024, Metinvest increased its iron ore concentrate production (total) by 42% compared to 2023, to 15.73 million tons. Thus, the output of commercial products amounted to 14.83 million tons (+58% y-o-y), of which 8.8 million tons (+116.3% y-o-y) accounted for concentrate and 6.02 million tons (+14% y-o-y) accounted for pellets.