The pelleting plant of Stoilensky GOK, a NLMK Group company, has produced fifteen million tonnes of pellets since its launch.
The pelletizing plant with a design capacity of 6 million tonnes of pellets per year was launched in November 2016. By the end of 2018, the plant reached a production volume of 6.7 million tonnes of pellets (+ 12% YoY).
In March, Stoilensky GOK signed a contract with the Finnish company Outotec to develop a project to increase the installed capacity of the pelletizing plant with 6 to 8 million tons of pellets per year.
“In order to reach production of 8 million tons of pellets per year, we plan to modernize several redistributions of the existing plant. In particular, to build a regrinding building, apply a new filtration technology, reconstruct the gas-air flow diagram of the roasting machine, and update the complex of control systems using digital technologies. The project is being implemented within the framework of Strategy 2022 and will allow NLMK Group to ensure control over raw material costs in the long term, ”commented Sergei Napolskikh, CEO of Stoilensky GOK. To provide the pelletizing plant with raw materials after reaching the production level of 8 million tons of pellets, it is planned 2019-2021 to increase the extraction and concentration of ore by 14% due to the modernization of other processing facilities of the Stoilensky GOK. This will allow the plant to increase its ore processing volume from 37 to 42 million tonnes and concentrate production from 17.4 million to 20 million tonnes per year. Information about NLMK Group NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the world's most efficient steel producers. NLMK Group's steel products are used in a variety of industries, from construction and mechanical engineering to power equipment and offshore wind turbines. NLMK's production assets are located in Russia, Europe and the United States. The company's steel production capacity exceeds 17 million tons per year. NLMK demonstrates high cost competitiveness among global manufacturers, and the company's profitability is one of the highest in the industry. The company's revenue in 2018 amounted to $ 12 billion, EBITDA - $ 3.6 billion. The Net Debt /EBITDA ratio was 0.25x. The company has investment grade credit ratings from S&P, Moody's, Fitch and RAEX (Expert RA). NLMK's ordinary shares, free-float of which is 16%, are traded on the Moscow Stock Exchange (ticker NLMK), global depositary shares - on the London Stock Exchange (ticker "NLMK: LI"). The share capital of the Company is divided into 5,993,227,240 ordinary shares with a par value of 1 Russian ruble. To learn more about NLMK's share capital, please follow the link. The jury of the prestigious international competition S&P Global Platts Metals Awards, which is held by the leading international industry and analytical publication S&P Global Platts, in 2016 recognized NLMK Group as the world “Leader of the steel industry” (Industry Leadership Awards - Steel ), in 2018 awarded the CEO of the Year award. You can download photos and corporate videos of NLMK Group from the media bank by following the link.
