Home / Press Releases / Stoilensky GOK launched a new logistic scheme for the development of a quarry

Stoilensky GOK launched a new logistic scheme for the development of a quarry

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At Stoilensky GOK, an NLMK Group enterprise, a new mining transport scheme was put into operation. The implementation of a large-scale project made it possible to reduce by 5 kilometers (from 13 to 8) the distance of delivery of raw materials to the processing facility and to open a promising north-western direction for the development of the deposit.

During construction, which has been in progress since 2017, 60 infrastructure facilities - three railway stations, overpasses, eight railway posts, power supply facilities, a road; railway tracks and turnouts were laid, contact networks, central blocking and communication facilities, etc. were installed.

The new logistics scheme, due to the increased throughput of large railway junctions in the quarry, will increase the volume of ore supply to the large crushing by 2% - up to about 140 thousand tons per day.

The cost of the project amounted to more than 8 billion rubles.

“The launch of the new mining transport scheme is an important step in the development of Stoilensky GOK. The complex project allowed us not only to reduce the cost of transporting raw materials from the quarry, but also to provide infrastructure for increasing ore production in the future and, in general, to increase the productivity of the enterprise - a key supplier of raw materials for NLMK, ”commented Sergey Napolskikh, Head of the Ore Division and CEO of SGOK .

Information about NLMK Group

NLMK Group is a vertically integrated metallurgical company, the largest in Russia and one of the world's most efficient producers of steel products.

NLMK Group's steel products are used in various 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 tonnes 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 has investment grade credit ratings from S&P, Moody's, Fitch and Expert RA.

NLMK's common shares, which have free-float of 20.7%, are traded on the Moscow Stock Exchange (ticker “NLMK” ), global depository 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. More information about NLMK's share capital can be found here.

For more information about NLMK Group, visit the website.

You can download photos and corporate videos of NLMK Group from the media bank at the link.

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