Asset Report
Kryvyi Rih surface iron ore mine
Report summary
Kryvyi Rih is a Ukrainian iron ore mine owned by ArcelorMittal. In 2021, it produces 11 Mt of iron ore concentrate, of which 70-80% is trucked to it's own steel plant nearby. The remaining ore is railed to other ArcelorMittal affiliates in Eastern Europe as well as to third parties. Kryvyi Rih has benefited greatly from the devaluation of its local currency and continues to seek efficiency improvements in order to keep costs low. However, we expect costs to rise in 2-3 years at Kryvyi Rih due to higher fuel prices and rising inflation in Ukraine.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Asset Report
Middleback Ranges iron ore mine
Following government approval, Middleback Ranges expanded to new pits in the South Middleback Ranges area to support the tons.
$2,250
Asset Report
North Division's Kiruna iron ore mine
Kiruna is undertaking an expansion project that will increase mining depth from 1km to 1.3km and production to 16 Mtpa.
$2,250
Asset Report
Sino Iron iron ore mine
Sino Iron is Australia's largest magnetite mine. Concerns over land access for future tailings remain and may impact future production.
$2,250