Asset report

Kryvyi Rih surface iron ore mine

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Report summary

Kryvyi Rih is a Ukrainian iron ore mine owned by ArcelorMittal. It produces 10Mtpa of iron ore concentrate of which 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. As such we expect costs to remain low at Kryvyi Rih particularly given that only a small proportion of its concentrate is dependent on national rail freight routes where high tariff increases have been implemented.

What's included

This report contains

  • Document

    Kryvyi Rih surface.xls

    XLS 226.00 KB

  • Document

    Kryvyi Rih surface iron ore mine

    PDF 679.06 KB

Table of contents

  • Key facts
  • Summary and key issues
  • Location maps
  • Participation
  • Geology
  • Reserves and resources
  • Production
  • Operations
  • Infrastructure
  • Costs
  • Sales contracts
  • Economic assumptions

Tables and charts

This report includes 12 images and tables including:


  • Detail Map
  • Cash Costs


  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2016)
  • Operations
  • Infrastructure
  • Economic assumptions
  • Production: Table 1
  • Costs: Table 1
  • Costs: Table 2
  • Sales contracts: Table 1

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