Asset Report

Stoilensky GOK iron ore mine

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12 September 2018

Stoilensky GOK iron ore mine

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 was completed in 2016 and a quick ramp was achieved with 6 Mt produced in 2017. The plant has the potential to increase output to 7.3 Mtpa and we have included these extra tonnes in our forecasts from 2022. The completion of the pellet plant brings NLMK's self sufficiency in pellets to 100%.

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:

  • Key facts: Table 1
  • Detail map
  • Participation
  • Marketable reserves (at 01/01/2018)
  • Production
  • Production
  • Operations
  • Cash costs
  • Cash costs
  • Costs: Table 2
  • Product quality
  • Economic assumptions
  • Infrastructure: Table 1

What's included

This report contains:

  • Document

    Stoilensky GOK.xls

    XLS 226.50 KB

  • Document

    Stoilensky GOK iron ore mine

    PDF 7.38 MB

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