iron ore mining - Latest news GMK Center

The company implements modern solutions to improve the state of the natural environment

In 2024, the company predicts a dense market, especially in Asia

Production of iron ore for the year amounted to 42 million tons

In the fourth quarter of 2023, the company increased ore production by 10.6% y/y

Raw material production increased by 2% year-on-year in 2023

In 2022, the production volume of this raw material amounted to 282 million tons

In 2023, the company forecasts production at the level of 315 million tons

In 9 months of 2023, shipments increased by 5% year-on-year

This indicator increased by 6.5% year-on-year in January-July

Raw iron ore output increased 32% q/q

In the fourth quarter, this indicator fell by 1% year-on-year

Production increased by 9% q/q in Q2