A ceremonial launch of the main drive of Pellet Plant #3 at Mikhailovsky GOK, part of Metalloinvest, took place in the Kursk region. This marks the first stage in the phased commissioning of the plant.
The construction of Pellet Plant #3 is the first of its kind in both scale and significance. Investments in the project amounted to more than EUR 230M. The project will enable Mikhailovsky GOK to increase its pellet production capacity by 50%, or by 5Mt per year (MTPA). This will create approximately 600 new jobs in the region. Andrey Varichev, CEO of Management Company Metalloinvest, Alexander Mikhailov, Governor of the Kursk region, and Sergey Kretov, managing director of Mikhailovsky GOK, attended the ceremonial launch to mark the first commissioning of equipment.
The construction of the pellet plant is the largest project implemented in partnership with Russian machine manufacturers. Uralmashplant is the main equipment supplier. Other Russian and foreign manufacturers also took part in production, including IZTM, Rudgormash, ORMETO-YUMZ, Schenk, Flakt Woods and Fingo Engineering.
