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22 October 2014 Metalloinvest and Novorossiysk Commercial Sea Port sign letter of intent Metalloinvest and Novorossiysk Commercial Sea Port (NCSP...
16 October 2014 “I love Novotroitsk” project results rounded up The winners of the “I love Novotroitsk” project received...
08 September 2014 Conference takes place in Kursk as part of Metalloinvest’s Women’s Health programme The second interregional research and practice conference en...

History

- JSC METALLOINVEST’s assets (the Mikhailovsky GOK and the Ural Steel) consolidated with those of Gazmetall JSC (the Lebedinsky GOK and the Oskol Electrometallurgical Plant).
- All assets consolidated to form a single holding company, within which the companies coordinated their sales and implemented their investment strategy and other activities.

- Lebedinsky GOK completed construction of the HBI plant.
- Mikhailovsky GOK implemented new concentrate flotation technology.

- Gazmetall JSC was restructured as Joint Stock Company “Holding Company “METALLOINVEST”; the business’ legal status was changed from closed joint-stock company to open joint-stock company.
- Ural Steel reconstructed the rolling mill 2800 and electric furnaces, to provide a total capacity of 2 million tonnes of steel per year.

- METALLOINVEST and Rosnedra signed licensing agreement to develop Udokan copper deposit.
- Governmental committee approved decision to provide state guarantees to Lebedinsky GOK, Mikhailovsky GOK, OEMK and Ural Steel. METALLOINVEST subsidiaries were amongst the first to return the rights to state guarantees.

- METALLOINVEST is the first Russian metals & mining company to be registered by the REACH Standards.
- IMC confirmed an increase of proven and probable reserves of iron ore of METALLOINVEST from 13.8 billion tonnes to 14.9 billion tonnes, according to the JORC International Classification.
- OEMK completed the construction of the finishing plant.

- METALLOINVEST obtained the largest syndicated pre-export credit in the postcrisis period, to the amount of 3.1 billion USD for 5 and 7 years.
- International rating agency Moody's awarded METALLOINVEST a corporate rating “Ba3” with a positive outlook.
- International rating agency Fitch awarded METALLOINVEST a long-term issuer default rating (IDR) in foreign and national currencies “BB-” with a stable outlook.
- METALLOINVEST successfully placed its first Eurobond issue worth 750 million USD for five years and a coupon rate of 6.5% per annum.
- METALLOINVEST, Ministry of Transport of Russia and Administration of Krasnodar region signed
an agreement on cooperation for construction of Taman seaport.
- Signed Memorandum on Corporate Social Responsibility of METALLOINVEST.

- EuroWeek awarded METALLOINVEST the first prize in the “Russian Deal of the Year” category of the EuroWeek Leveraged Finance & Syndicated Loans Award 2011 for the closing of a $3.1 billion syndicated loan.
- METALLOINVEST signed an agreement with Linde (Germany) to build a new oxygen facility at OEMK with a cryogenic air-separation installation with a capacity of at least 20,000 Am3/h of oxygen.
- Fitch Ratings affirmed METALLOINVEST’s Long-term foreign and local currency Issuer Default Ratings at ‘BB-‘. The Outlook for the Long-term ratings is Stable.
- METALLOINVEST was assigned ‘BB-‘ long-term corporate credit rating by Standard & Poor’s Ratings Services with a Positive outlook.
- METALLOINVEST signed a contract with Siemens Metals Technologies and consortium partner Midrex Technologies, Inc. to expand the hot briquetted iron (HBI) production at Lebedinsky GOK in Gubkin (Belgorod Region, Russia). The new plant with a rated capacity of 1.8 million metric tons of HBI per year will be the largest single HBI module in the world.
- METALLOINVEST completed the sale of the greenhouse gas Emission Reduction Units (ERUs) received in 2008 and 2009 under the Kyoto Protocol to the United Nations Framework Convention on Climate Change. The Company will use the funds to invest in projects related to the implementation of modern technologies at METALLOINVEST’s enterprises in order to reduce its environmental impact.
- Ural Steel launched an air separation unit KdAr 30 (ASU No.5) in the oxygen compression shop and a vacuum degasser in the electric arc furnace shop (EAFS).

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