The Metinvest Group presented two large-scale investment projects with a total value of $1.3 billion at the international conference URC2025 in Rome. Both projects will be implemented at the facilities of the Northern Mining and Processing Plant.
This is reported by Business • Media
Launch of DR-Pellet Production for Green Metallurgy
The first investment project, estimated at $1.12 billion, involves the establishment of DR-pellet production—a key element for implementing ecological technologies in metallurgy. As part of the project, new ore enrichment installations will be built, and the production lines for pellets will be modernized, ensuring an annual capacity of 8 million tons of finished products. Ore from Metinvest’s own deposits will be used as raw material. The implementation of this initiative will continue until 2030. To complete the project, the company needs to attract an additional $850 million in investments.
Waste Thickening Complex and Energy Consumption Reduction
The second project—a waste thickening system—envisions the construction of a complex that will reduce the volume of slurry pumped to the tailings storage by 30%. This will save approximately 125 MWh of electricity annually. The total cost of the project is $189 million, of which $130 million is planned to be raised through external financing. The implementation of this initiative has already begun.
Both projects align with the strategy for decarbonization and technological renewal of Ukraine’s metallurgy.
Through these steps, Metinvest strengthens its position in implementing modern ecological solutions and contributes to the development of the industry in accordance with global requirements for reducing carbon emissions.