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About Company

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.

Our assets

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.

Key success factors


Unique resource base


Low and controllable cash costs


Demand-driven production


Diversified sales geography

Global leadership2


producer of merchant HBI / DRI


by proven iron ore reserves


producer of iron ore pellets


producer of merchant iron ore

Credit ratings






1 Hereinafter on this page – ownership interest as at 31 December 2016.

2 Based on CRU 2017 data and Company estimates.