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ArcelorMittal Kryvyi Rih resumes iron ore mining after successful sale in Poland

Ukraine / Mining industry

In September, the Kryvyi Rih enterprise managed to export an additional 50 thousand tons of iron ore concentrate to Poland, which allowed ArcelorMittal Kryvyi Rih to reconsider its plans to suspend ore mining for three months.

ArcelorMittal Kryvyi Rih resumes iron ore mining after successful sale in Poland

After a temporary shutdown, ArcelorMittal Kryviy Rih is resuming the work of its mining department. One of the two quarries of the enterprise, and two factories - crushing and ore-dressing - are already working again. This was reported by the corporate printed edition of the plant, the Metallurg newspaper.

From August 1, it was planned to suspend ore mining for three months. However, the mining and processing complex started working earlier due to the fact that in September it was possible to export an additional volume of iron ore concentrate (50 thousand tons) to Poland. The subsequent launch of another open pit, crushing and ore-dressing equipment depends on the volume of concentrate consumption by ArcelorMittal Kryvyi Rih metallurgical production and export opportunities.

“The restart of our mining and processing operations is good news for the state, too, and for the city, and for all our workers who will return to their jobs. During the forced pause in the work of mining and processing plants, our miners performed a large amount of repair and cleaning work, which cannot be carried out under the conditions of operating equipment. In addition, we continued to implement a key investment project to ensure the further extraction of ore - we transported overburden and unused rock from open pits for the construction of a new tailing dump "Third Map". ArcelorMittal Kryvyi Rih cannot be stopped. We introduce the latest technologies, mine and enrich ore, produce steel and support the economy of Ukraine in these times of difficult trials,” said Volodymyr Teslyuk, Deputy General Director for Production of the Mining Department of ArcelorMittal Kryvyi Rih.

From the beginning this year and until August, ore mining did not stop for a day. Timely reorientation of the enterprise to the export of concentrate helped to keep the entire plant afloat in wartime. However, in summer European markets demand for concentrate and steel products dropped sharply, while traditional markets are still out of reach for ArcelorMittal Kryvyi Rih due to the blocking of Ukrainian ports. Logistics costs at the enterprise increased by 5 times. This complex of factors led to a temporary pause in the work of the GOK and a reduction in the costs of the enterprise.

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