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Metinvest's YuGOK continues stable operation by supplying iron ore concentrate to Europe

Ukraine / Mining industry
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The produced iron ore concentrate is shipped by Yuzhny GOK by rail to Europe. Meanwhile, the shipment of marketable products to Asia and North Africa has been suspended.

Metinvest's YuGOK continues stable operation by supplying iron ore concentrate to Europe

The Southern Mining and Processing Plant (GOK) of the Metinvest group of Rinat Akhmetov and Vadim Novinsky was reorganized to work in wartime conditions. According to the press service of the company, the plant is fully fulfilling the March plan for the production of iron ore concentrate. The production facilities of the enterprise are provided with electricity, fuel, lubricants and consumables.

The mining department of the Southern Combine works stably. On March 16, a controlled mass explosion was carried out in the quarry - the first since the beginning of the war. The volume of rock mass prepared for excavation is 350 thousand cubic meters.

Southern GOK continues the reconstruction of technological sections No. 9-10 of ore processing plant No. 2. At the end of February, specialists completed the first stage of dismantling work in the enrichment building. In March, the contractor is building a vacuum pumping station.

At the end of February, there was a shortage of fuel, balls for mills, and filter cloth at the Southern Combine. Difficulties arose due to violations of logistics from Kyiv, Kharkov and Mariupol. The supply of inventory items necessary for production is gradually resumed.

The produced iron ore concentrate is shipped by Yuzhny GOK by rail to Europe. Meanwhile, the shipment of marketable products to Asia and North Africa has been suspended. The problem is related to the blockade of the Black Sea by the Russian Navy.

“Southern GOK continues to function confidently in wartime conditions. First of all, this is the result of the cohesion of the entire team of our enterprise. Each employee is fully aware that the future of the plant depends on their work today. I am proud of the team of like-minded people and I am sure that with our work every day we bring closer the victory of Ukraine over the enemy,” says Konstantin Fedin, General Director of the Southern GOK

Despite the austerity of finances, YuGOK pays wages to employees in full. The personnel of the enterprise received an advance payment for the days worked since the beginning of March. The money was received on the bank account of the workers within the period established by the legislation of Ukraine.

Southern GOK continues professional training of employees. Classes are held to train drilling rig operators, filter operators, conveyor operators and other professions. Educational courses are taught by trainers of the personnel training and development department of the enterprise.

The social sphere of the Southern Mining and Processing Plant is operating stably. All workers canteens and buffets of the plant are open. Service buses deliver personnel from home to the enterprise from all districts of Krivoy Rog.

Yuzhny GOK is one of the main producers of iron ore raw materials in Ukraine - iron ore concentrate. The raw material base of the plant is made up of quartzites from the Skelevatsky deposit, located in the central part of the Krivoy Rog iron ore basin.

YUGOK is controlled by Metinvest Group and Lanebrook Ltd. (previously the majority shareholder of the Evraz Group, in 2018 withdrew from the shareholders of the group), which at the end of 2007 acquired a 50% stake in YuGOK from the Privat group (Dnepr).

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