iron ore mining - Latest news GMK Center

The division's work schedule after the shutdown is still unstable due to low demand for manganese concentrate

The new production capacity is designed for production within 7 months

Magnetic separation unit №2 and the Chkalovsk processing plant will start operating at the plant next month

The company plans to reduce operational emissions by at least 30% by 2030

The new production capacity will be developed during the summer months

The production of sinter ore for January-April 2023 decreased by 31.4% y/y

In January-March 2023, the company produced 15.1 million tons of iron ore

In January-March 2023, iron ore production fell by 16% q/q

In the first quarter, production remained at the level of the same period last year

Compared to the fourth quarter of 2022, shipments decreased by 6%

Work on the horizon was halted by the Russian invasion and a shortage of skilled workers

The production of sinter ore for January-March 2023 decreased by 36.4% y/y