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Saturday, March 5, 2011

Ukrainian iron ore mines up output in two months


Saturday, 05 Mar 2011

Interfax Ukraine reported that most Ukrainian mining companies raised iron ore production in January to February.

Poltava Mining, the core asset of the London listed Ferrexpo plc raised commercial pellet production 5.3%YoY to 1.57 million tonnes and concentrate production 2.7% to 1.807 million tonnes.

The Metinvest holding Northern Mining and Beneficiation Plant from Kriviy Rih, told Interfax that it reduced commercial pellet production 16%YoY in January-February to 1.425 million tonnes. Iron ore concentrate output rose 0.6 percent to 2.317 million tonnes.

Metinvest Central Mining, also from Kriviy Rih raised commercial pellet production 0.8%YoY to 393,000 tonnes and concentrate production grew by 9.5% to 988,000 tonnes.

Metinvest also runs Inhulets Mining, which saw iron ore concentrate output rise 7.6%YoY in January to February to 2.393 million tonnes.

Southern Mining, from Kriviy Rih which is controlled by Ukraine's Smart Holding and Lanebrook Ltd, which owns Russia Evraz Group, raised iron ore concentrate production 14.3%YoY in January to February to 1.585 million tonnes. It produced 247,000 tonnes of sinter ore up by 21.6%YoY.

Ukraine as a whole raised crude iron ore production tentatively 2%YoY in January to February to 12.501 million tonnes, the State Property Committee told Interfax. Iron ore concentrate production grew 5% to 10.434 million tonnes. Prepared ore production rose 2% to 10.034 million tonnes, including growth of 6% to 6.646 million tonnes of sinter, however pellet production fell 5 percent to 3.388 million tonnes.

Ukrainian iron ore production in January to February 2011 by company

Tags :Inhulets mining, Lanebrook Ltd, crude iron ore production, sinter

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