Today, Metalloinvest is an integrated metals and mining company covering all stages of the production chain to supply customers all over the world with high-quality iron ore, metallised and rolled steel products, thus meeting the industry’s needs across the entire value chain.
Metalloinvest is the largest iron ore producer and supplier in Russia and the CIS, a major global producer and supplier of pellets, the largest producer of merchant hot briquetted iron (HBI) globally, and a leading regional producer of high-quality steel.
Key Strengths Corporate
Unique resource base
- #2 globally by proven iron ore reserves
- ~ 140 years of reserve life
- Technology and innovations
Low and controllable cash costs
- Advanced production technologies
- Use of low-cost magnetic separation in iron ore beneficiation
- Low operating costs for shipping iron ore
- Availability of required infrastructure (natural gas and power grids, roads)
High degree of vertical integration and focus on high value-added products
- #5 producer of iron ore globally
- #1 producer of merchant HBI globally
- #1 pig iron exporter globally
- #2 producer of pellets globally
Diversified sales geography and strong customer focus
- An extensive customer base - over 50 major customers around the globe
- Production capacity upgrades to meet evolving customer needs
- Extensive R&D to drive quality improvements and product innovation
Corporate Credit Ratings
Metalloinvest’s high credit ratings maintained with international rating agencies confirm the Company’s solid financial perfomance and strong competitive position in global markets.
Metalloinvest owns the world’s second-largest proven iron ore reserves under JORC standards JORСThe Company data recalculated as at 1 January 2018 based on Mineral Expert’s Report prepared by IMC Group Consulting Ltd in 2010., totalling ca. 14.1 billion tonnes, which at current mining levels guarantees approximately 140 years of reserve life.
The vertical integration of the Company’s business ensures that all stages of mining and steelmaking operations are covered – from iron ore production and processing to the manufacturing of highquality steel products:
- Lebedinsky GOK
- Mikhailovsky GOK
- Oskol Electrometallurgical Plant (OEMK)
- Ural Steel
Lebedinsky GOK, Mikhailovsky GOK, and OEMK are located in European Russia and have access to developed infrastructure and key domestic, regional and international markets, including Russia, the CIS countries, Eastern Europe, the Middle East, and Asia. Ural Steel is the leading Russian producer of steel for bridge construction and a major supplier of structural steel for infrastructure projects.
Metalloinvest also owns assets that provide service support and supply feedstocks to its mining and steelmaking facilities, as well as auxiliary businesses.
Metalloinvest’s extensive and diversified product range, which includes products processed to various degrees, ensures the Company’s agility in responding to changes in the market environment.
Over 75% of the Company’s iron ore concentrate output is converted into pellets, HBI/DRI, pig iron, and steel products. Metalloinvest is a global leader in the market segments for high-margin iron ore products, such as HBI/DRI and pellets.
The Company’s long-term strategy is largely focused on further growing the proportion of iron ore products with high added value in its output. A particular emphasis is placed on the production of HBI and SBQ.
All operations of Metalloinvest have quality management systems certified to the ISO 9001 standard, which means they manufacture products in a controlled environment to customers’ exact requirements.
The authorised capital of JSC Holding Company METALLOINVEST totals RUB 3,745,853,000 divided into 74,917,060,000 ordinary shares.
100% of shares in JSC Holding Company METALLOINVEST are owned by LLC USM Metalloinvest, a Russian entity controlled by USM Holdings Limited.