The production of sinter ore for 12 months of 2022 decreased by 33.3% y/y

In 2022, Kryvyi Rih Iron Ore Plant (KZHRK) reduced the production of underground iron ore by 33.3% compared to the same period last year – to 2.888 million tons. This is stated in the company’s corporate newspaper.

In the 12 months of 2022, the Ternivska mine produced 770,000 tons of marketable iron ore (-34% y/y), Kozatska – 783,000 tons (-29.1% y/y), Pokrovska – 582 thousand tons (-10.2% y/y), and Kryvorizka – 753 thousand tons (-46.6% y/y).

In December 2022, the plant produced 129,000 tons of sinter ore, which is 63.7% less than in December 2021, including:

• mine Ternivska – 30 thousand tons (-70% y/y);
• Kozatska – 40 thousand tons (-60%);
• Pokrovska – 15 thousand tons (-72.7%);
• Kryvorizka – 44 thousand tons (-56%).

The company’s plan for the production of commercial iron ore in November 2022 was fulfilled by 86%, and in 12 months of 2022 – by 87.3%.

The structure of the enterprise includes four mines. Balance reserves amount to 210 million tons of rich iron ores with an average iron content in the rock of 58.6%.

KZHRK in 2021 decreased production of commercial iron ore by 12.8% compared to 2020 – to 4.3 million tons.

Also, the pre-war plans of the enterprise for 2022 predicted an increase in the production of commercial iron ore with an iron content of 58.94% by 8.6% compared to 2021 – up to 4.67 million tons.