OREANDA-NEWS. January 12, 2011. Production performance of Iron ore division of Metinvest in December, 2010.

Table 1

Production

December 2010, thousand tons

November 2010, thousand tons

December 2010  vs. November 2010, thousand tons

December 2010  vs. November 2010, %

Iron ore concentrate (Northern GOK, CGOK, InGOK)

2,843.39

2,898.16

-54.78

-1.9

Pellets (Northern GOK, CGOK)

1,010.535

848.308

+162.2

+19.1

Table 2

Production

January-December 2010, thousand tons

January-December 2009, thousand tons

January-December 2010  vs. January-December 2009, thousand tons

January-December 2010  vs. January-December 2009, %

Iron ore concentrate (Northern GOK, CGOK, InGOK)

35,726.14

30,647.58

+5,078.56

+16.6

Pellets (Northern GOK, CGOK)

12,110.46

11,666.35

+444.11

+3.8

Major indicators of Northern Iron Ore Enrichment Works performance. Table 3

Product

December 2010, thousand tons

November 2010, thousand tons

December 2010  vs. November 2010, thousand tons

December 2010  vs. November 2010, %

Iron ore concentrate

1,102.97

1,150.08

-47.1

-4.10

Pellets

805.14

648.81

+156.33

+24.1

Major indicators of Northern Iron Ore Enrichment Works. Table 4

Product

January-December 2010, thousand tons

January-December 2009, thousand tons

January-December 2010  vs. January-December 2009, thousand tons

January-December 2010  vs. January-December 2009, %

Iron ore concentrate

14,218.91

13,760.54

+458.4

+3.33

Pellets

9,900.36

9,441.05

+459.31

+4.9

Major indicators of Central Iron Ore Enrichment Works performance. Table 5

Product

December 2010, thousand tons

November 2010, thousand tons

December 2010  vs. November 2010, thousand tons

December 2010  vs. November 2010, %

Iron ore concentrate

487.80

493.00

-5.2

-1.1

Pellets

205.40

199.50

+5.9

+2.96

Major indicators of Central Iron Ore Enrichment Works performance. Table 6

Product

January-December 2010, thousand tons

January-December 2009, thousand tons

January-December 2010  vs. January-December 2009, thousand tons

January-December 2010  vs. January-December 2009, %

Iron ore concentrate

6,072.00

5,005.94

+1,066.1

+21.3

Pellets

2,210.10

2,225.30

-15.2

-0.7

Major indicators of Ingulets Iron Ore Enrichment Works performance. Table 7

Product

December 2010, thousand tons

November 2010, thousand tons

December 2010 vs. November 2010, thousand tons

December 2010 vs. November 2010, %

Iron ore concentrate

1,252.62

1,255.08

-2.5

-0.2

Major indicators of Ingulets Iron Ore Enrichment Works performance. Table 8

Product

January-December 2010, thousand tons

January-December 2009, thousand tons

January-December 2010 vs. January-December 2009, thousand tons

January-December 2010 vs. January-December 2009, %

Iron ore concentrate

15,435.23

11,881.10

+3,554.1

+29.9

JSC Central Iron Ore Enrichment Works (CGOK) is the only enterprise in Ukraine, which operates both open cast and underground ore mining methods, and utilizes beneficiation refuse in the production process. CGOK focuses on mining, processing and production of raw materials for metallurgical industry, such as pellets and iron ore concentrate. Annual production capacity of the enterprise is currently over 5.9 mln. t of iron ore concentrate and over 2.2 mln. t of pellets. CGOK is part of METINVEST Group Iron Ore Division.

JSC Northern Iron Ore Enrichment Works (Northern GOK) 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.

JSC Ingulets Iron Ore Enrichment Works (InGOK) focuses on mining and processing of ferruginous quartzites of Ingulets deposit located in the Southern Part of Kryvyi Rih iron ore basin. The enterprise produces two types of iron ore concentrate with Fe 63.7% and 67.5%. InGOK’s production capacity is 14 mln. tpa of iron ore concentrate. The enterprise employs advanced flotation concentration technologies, which currently are unique for Ukraine. InGOK is part of METINVEST Group Iron Ore Division.