6 April 2011 // Press centre Metinvest Group
Metinvest, in scopes of the program of continuous improvement, reconstruction and modernization of the production facilities, is making capital repairs to the OK-324 indurating machine at the Central Iron Ore Enrichment Works (Krivoy Rog). The total investment volume for the project is UAH 8 million.
The ОК-324 indurating machine is a complex equipment system producing pellets with high Fe content. Its annual capacity exceeds 2 Mtonnes of pellets. The machine’s fault tolerance is calculated based on overhaul period of not less than 3 years.
Approx. 120 cu m of refractories will be replaced during the overhaul as well as the exhauster’s rotors, the rollers of the roller stacker, and side coolers. These steps will support a scheduled operational mode of the indurating machine during the overhaul period, ensuring uninterrupted production of high-quality pellets.
The overhaul is planned to be completed within 3 weeks.
Metinvest is an international vertically integrated mining and steel group of companies, operating assets in each link of the production chain from iron ore and coal mining and coke production, through to semi-finished and finished steel production, pipe rolling and coil production and production of other value-added products. The Group comprises mining and steel production facilities located in Ukraine, Europe and the USA and has a sales network covering all key global markets. The major shareholders of Metinvest are SCM Group (75% ownership) and Smart-Holding (25% ownership) partnering in Company’s management.
METINVEST HOLDING, LLC – is the managing company of Metinvest Group.