Asset Report

K&S iron ore mine

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The Kimkan and Sutara mine, better known as K&S, is a small mine located in the Jewish Autonomous Region (EAO) of the Russian Far East. It is 100% owned by Hong Kong listed IRC. We estimate that K&S will produce 2.5 Mt in 2022, the output of K&S will be 2.8 Mt in next year and the average efficiency will keep above 90% from 2024 onward. K&S has been designed to have a second phase that would double its production capacity but IRC has experienced technical and funding issues throughout Phase 1 and as such, we do not expect they will be able to secure the capital necessary to build Phase 2.

Table of contents

Tables and charts

This report includes 13 images and tables including:

  • K&S Emission Intensity Quartile Ranking - Total global production - Tonnes of ore
  • Participation (%)
  • Marketable reserves (at 01/01/2022)
  • Production
  • Production
  • Operations
  • Infrastructure
  • Cash cost
  • Cash Cost
  • Capital Cost
  • Product quality
  • Economic assumptions

What's included

This report contains:

  • Document

    K&S iron ore mine

    PDF 1.56 MB

  • Document

    K&S iron ore mine

    ZIP 1.24 MB

  • Document

    K and S.xls

    XLS 209.00 KB

  • Document

    KandS.xls

    XLS 182.00 KB