Stoilensky GOK (SGOK), a company of the international metallurgical group NLMK, has begun construction of a new stage (third unit) of the thickening complex - a hydraulic structure that separates solid pulp particles * from water, thickens them and further transportation to special storage facilities. After separation, water is returned to the technological process.

The project will allow SGOK in 2020 to completely switch to a more efficient method of processing, transportation and storage of waste rock after beneficiation. The new thickener will also ensure the reliable operation of the concentrator after the planned increase in production in 2021. At the same time, the specific consumption of water and the required areas for tailing dumps will be reduced several times.

Within the framework of the project of the third stage, it is planned to build a radial thickener, install slurry pipelines, aboveground water pipelines for process water supply, install pumping and other equipment in the pump room stations, deploy additional communication networks, power supply, data transmission, an automated process control system.

Investments in the construction of a new stage of the thickening unit will amount to 1.5 billion rubles.

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 metal 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 USA. The company's steel production capacity exceeds 17 million tonnes per year.

NLMK demonstrates high cost competitiveness among global manufacturers, 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 common shares, which free-float is 18.6%, 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.

Photos and corporate videos of NLMK Group can be downloaded from the media bank here.

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* Pulp is a mixture of water and rock resulting from the enrichment process.

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