METALLOINVEST is a leading global iron ore and HBI producer based in Russia

  • The world’s largest iron ore deposits under operation
  • The biggest regional iron ore production ranking in the top5 globally
  • The biggest HBI supplier globally
  • Strategic location of the main producing assets in Russia’s European part
  • Global leadership in iron ore production cost efficiency
  • One of the major steel producers in Russia

Company Profile

METALLOINVEST is one of the largest iron ore and HBI producers and suppliers globally and the leading regional iron ore producer.

METALLOINVEST extracts and exploits iron ore from the second largest measured iron ore reserve base in the world with approximately 14.9 billion tonnes of proven and probable reserves on a JORC equivalent basis and over 160 years of reserve life. 

In 2010, according to CRU, the company was:
• the fifth largest commercial iron ore producer in the world,
• the largest commercial iron ore producer in Europe and the CIS,
• the largest supplier of merchant HBI in the world,
• the largest producer of HBI/DRI in Europe, Russia and the CIS,
• the fifth largest steel producer in Russia.

METALLOINVEST is a global player in the production of  beneficiated iron ore products, processing the majority of its primary iron ore concentrate production into value-added products, such as high-grade iron ore concentrate, iron ore pellets and HBI/DRI.

In 2010, the METALLOINVEST accounted for the output of 36% of iron ore concentrate and sintering ore, 59% of iron ore pellets and 100% of HBI/DRI in Russia. The company is also a leading regional and domestic producer of niche steel products, accounting in 2010 for approximately 9% of crude steel and steel products produced in Russia.

METALLOINVEST comprises of leading iron ore production facilities in Russia –  Lebedinsky GOK and Mikhailovsky GOK; steel mills – Oskol Elektrometallurgical Plant and Ural Steel; a ferrous scrap enterprise – Ural Scrap Company;  and a rolling steel mill in the UAE. Metalloinvest also supplies raw materials to production facilities, provides maintenance services, and has sales, transportation, logistics and leasing facilities. 

METALLOINVEST’s sales and marketing operations are centralised. The managing company coordinates the Group’s operations in the market, their production policy and external shipments, thereby achieving synergies and increasing the efficiency of production.

METALLOIVEST traditionally maintains the highest degree of social responsibility. Being the cities’ major employers and taxpayers, the enterprises of the company play the crucial role for the regions’ economic prosperity. One of METALLOINVEST’s basic operating principles is integrity that will allow the development of a sustainable social environment in the country, in the region and at the enterprise. On the other hand, the expansion of social programs is impossible without concurrently increasing profits but without decreasing productivity. Therefore, METALLOINVEST is steadily working at improving its operating and financial results, as well as actively developing its infrastructure and participating in the solution of social issues in the regions where the company is present.