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Development strategy

METALLOINVEST’s corporate strategy is aimed at strengthening the company’s position as one of the world's leading producers of commercial iron ore. As part of this strategy, we are determined to further develop our existing resource base, and increase the production volumes of iron ore products with high added value (pellets and HBI).

Looking forward, our long term priority is the sustainable development of the Company based on achieving a balance between our economic, social and environmental activities with respect to the territories in which we operate. We are committed to managing the business in a responsible manner and continuously strive to improve the company’s corporate governance levels.

As well as achieving consistent levels of profitability, one of the key principles of our strategy encompasses the realization of opportunities for the further development of our business, such as:

• Projects aimed at strengthening the Company's presence on the global market for iron ore, pellets, HBI/DRI
• Strengthening our presence in emerging markets via the development of our existing resource base and an expansion of the company’s infrastructure
• The continued incorporation of new technologies aimed at increasing business efficiency
• The maximization of profitability at the Company’s steel segment
• Enlargement of the Company’s mining segment in various regions of the world with an emphasis on projects involving the extraction of iron ore

The first stage of METALLOINVEST’s program of strategic development incorporates a number of investment projects, the implementation of which will contribute to an increase in the production of iron ore products with high added value: