The Ufaley plant commenced production in 1933. In addition to ores from the Serovsky deposit, Ufaley also processes matte from Rezh nickel which commenced production in 1936 also utilising blast furnaces. In April 2005 the company was purchased by Industrial Metallurgical Holding which holds a 97% stake in the operation. Wood Mackenzie’s asset reports are built from the bottom up, incorporating a number of granular data metrics to ultimately produce our industry standard cash operating costs. This report contains a detailed asset note giving you a holistic view of the asset, including an operational overview through to a timeline of events from inception to now. This qualitative analysis is supplemented by the associated Excel download which enables interrogation of a whole series of cost and production metrics over the life of the asset.