January 18, 2022
Severstal's Yakovlevsky GOK launches loading and storage complex, worth 1.7 billion rubles
PAO Severstal, one of the world's leading steel producers, announces that Yakovlevsky Mining and Processing plant (part of PAO Severstal) has launched a new loading and storage complex in test mode. This is the final stage of the project, the plant's largest investment project of the past year. The Company invested approximately RUB 1.7 billion in the project's development.
The loading and storage complex has been designed to automate the transport and shipment of finished products, as well as for storing ore reserves. The complex has a total area of 7,500 m2, and includes a heated warehouse for dry ore, two conveyor galleries and facilities for loading the ore into railway wagons.
Denis Golubnichy, Head of Yakovlevsky Mining and Processing plant, commented:
"The installation of the new loading and storage complex, a major investment project worth around RUB 1.7 billion, will enable us to move away from using vehicles while shipping our products and establish a completely closed process, greatly reducing the levels of dust emitted at the plant.
The complex will also benefit our overall efficiency levels. Thanks to the logistics optimisation and guaranteed process continuity of the complex, we will be able to increase the total volumes of ore shipped from 3 to 5 million tons per year."
The launch of the loading and storage complex is the second stage in the construction of a single node for storing and shipping products. Last year, Severstal commissioned a drying complex to reduce the levels of moisture contained in the ore, preventing it from freezing in winter when it is shipped to northern regions, in particular to the mine's key client, the Cherepovets Steel Mill.
OAO Severstal published this content on 24 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 January 2022 13:53:05 UTC.