The iron ore was shipped to Chelyabinsk Iron and Steel Works, part of the Mechel Group. In about three weeks, this ore will be used in the production of pig iron.
By the end of this year, the Sivaglinskoye deposit will produce about 900 000 tons of high-grade ore, according to the company. 1.25 million tons of sinter ore should be produced annually starting in 2024.
Mechel will invest 2.1 billion rubles ($26.78 million) in the development of the field.
There are an estimated 21 million tons of ore with a 48.6–53.3% iron content in the Sivaglinskoye iron ore deposit's open pit reserves.
Comments
No comment yet.