NLMK Group upgraded its beneficiation equipment at Stoilensky. Two ball mills, which are intended for the crushing of ore, were replaced at each of two sections of the Beneficiation Plant out of four. The project will enable an increase in ore processing by 2.5 million tonnes per year and an increase in concentrate output by 1 million tonnes per year in 2024.

Four new mills with 15% larger drums were installed without disrupting the production process. Core mill units also underwent structural upgrades in order to improve equipment reliability and longevity.

The project aims to ensure full coverage of NLMK Lipetsk's demand for iron ore materials. Investment exceeded $100 million. The plan for 2024 is to replace two more mills in Beneficiation Plant Section 1.

About NLMK Group

NLMK Group is a vertically integrated steelmaking company, the largest in Russia and one of the most efficient steel producers in the world.

NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.

NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 14.5 million tonnes per year. For more information on NLMK Group, please visit our website.

Attachments

Disclaimer

OAO NLMK - Novolipetskiy Metallurgicheskiy Kombinat published this content on 20 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 December 2023 10:04:35 UTC.