Metalloinvest is an efficient metals and mining company covering all stages of the production chain: from the extraction and processing of iron ore to the output of high-quality steel products for a wide variety of industrial customers, both in Russia and abroad.
The Company owns the world’s second-largest proven iron ore reserves, according to JORСAdjusted by production level as at 31 December 2016., amounting to approximately 14.2 billion tonnes, which at current mining levels guarantees approximately 140 years of reserve life.
Metalloinvest’s core production assets –Lebedinsky GOK, Mikhailovsky GOK and OEMK – are located in the European part of Russia and have access to mature infrastructure and key domestic, regional and international markets, including Russia, the CIS countries, CEE, the Middle East and Asia. Ural Steel is located in the Ural region of Russia in the immediate vicinity of Russian pipe manufacturers.
Metalloinvest owns Russia’s largest ore mining and beneficiation facilities by iron ore production and beneficiation, and iron ore concentrate and pellet production volumes. Lebedinsky GOK is the only HBI producer in Russia and the CIS.
- Lebedinsky GOK (100 %)1
- Mikhailovsky GOK (99.3 %)
OEMK and Ural Steel are the major producers in Russia’s niche market steel products, offering over 2,000 steel grades. Ural Scrap Company is a modern ferrous scrap metal treatment facility.
- OEMK (100 %)
- Ural Steel (100 )
- Ural Scrap Company (100 %)
Auxiliary businesses and other assets
Metalloinvest owns assets that provide service support and feedstock to its mining and steel-making facilities, as well as auxiliary assets.
- Metalloinvest Trading AG (100 %)
- Metalloinvest Logistics DWC LLC (100 %)
- The Urban Institute of Steel Plant Design (Gipromez) (100 %)
- Metalloinvestleasing (100 %)
Key success factors
Unique resource base
Low and controllable cash costs
Diversified sales geography
producer of merchant HBI / DRI
by proven iron ore reserves
producer of iron ore pellets
producer of merchant iron ore
1 Hereinafter on this page – ownership interest as at 31 December 2016.
2 Based on CRU 2017 data and Company estimates.