OREANDA-NEWS. April 23, 2010. In March 2010 JSC Severniy Mining and Processing Works (SevGOK) increased concentrate production volume by 20.2% up to 1 272.7 thous.t vs. March 2009, for the same period, pellets production volume increased by 20.2% up to 872.5 thous.t.

In January-March 2010 concentrate production volume at SevGOK increased by 20.2% up to 3 576.6 thous.t vs. January-March 2009, for the same period, pellets production volume increased by 28.4% up to 2 568.1 thous.t.

In 2009 SevGOK produced 13.761 mln. t of concentrate, for the same period pellets production comprised 9.441 mln. t.

SevGOK’s Production Performance

 

March 2010, thous.t

March 2009, thous.t

March 2010 / March 2009, %

February 2010, thous.t

January-March 2010, thous.t

January-March 2010 / January-March 2009, %

Concentrate

1 272,7

1 058,9

120,2

1047,9

3 576,6

120,2

Pellets

872,5

725,7

120,2

801,7

2 568,1

128,4

JSC Severniy Mining and Processing Works (SevGOK) is one of the largest mining enterprises in Europe with complete cycle of metallurgical raw materials production: iron ore concentrate and pellets. Annual production capacity of the enterprise is currently over 13.3 mln. t of iron ore concentrate and over 11 mln. t of pellets. SevGOK is part of METINVEST Group Iron Ore Division.

Metinvest is an international vertically-integrated mining and metals company. Production facilities of Metinvest allow the enterprises both to satisfy their own needs in raw materials, liquid steel and semi-finished products and to be a key supplier for many other Ukrainian and European companies, as well as Asian businesses. The shareholders of Metinvest Group are SCM Group (75%) and Smart Holding (25%) that manage the company on the partnership principle.