Date: 5 months ago   Category: Industry

NLMK will direct to expansion of production of Stoylensky GOKA more than 15 billion rubles — Rambler News Service


The group of NLMK has begun construction of section of additional enrichment on Stoylensky GOKE (Stary Oskol, the Belgorod region). Three new lines of the izmelchitelny equipment (vertical mills) will allow to increase by 2020 the concentrate output from 17,5 million to 20 million tons per year, ore processing — from 37 to 42 million tons, thereby having increased production of iron ore raw materials for NLMK by 14%, the group has reported. "Investments into the project, including development of a pit and modernization of transport infrastructure of Stoylensky GOKA, will exceed 15 billion rubles. It is planned to finish construction in 2020" — it is said in the statement. The new project will allow besides increase in the outputs on Stoilensky GOK to lower expenses and to increase iron level in ore. Group of NLMK — the vertically integrated metallurgical company, the producer of steel production, largest in Russia. Production sites of group work in Russia, Europe and the USA. Capacities for production of steel of group are more than 17 million tons per year.

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