Asset Report

Stoilensky GOK iron ore mine

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Report summary

The Stoilensky Mining and Processing Plant, known as Stoilensky GOK or SGOK, is a mid-sized iron ore mine in western Russia, near the border with Ukraine, approximately 490 kilometres south of Moscow. It is 100% owned by Russian steelmaker NLMK and primarily feeds their steel plant Lipetsk. A 6Mtpa pellet plant, the largest in Russia, is under construction at the mine and will be completed in 2016. Cash costs at the mine have halved since 2013 because of the depreciation of the rouble.

What's included

This report contains

  • Document

    Stoilensky GOK.xls

    XLS 230.50 KB

  • Document

    Stoilensky GOK iron ore mine

    PDF 607.32 KB

Table of contents

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

Tables and charts

This report includes 13 images and tables including:

Tables

  • Key facts: Table 1
  • Participation
  • Marketable reserves (at 01/01/2017)
  • Production
  • Operations
  • Infrastructure
  • Cash costs
  • Costs: Table 2
  • Product quality
  • Economic assumptions

Images

  • Detail map
  • Production
  • Cash costs

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