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

Strengths and Strategy

Management believes that METALLOIVEST benefits from a number of key strengths that should enable it to capitalize further on its leading position in the iron ore industry in the future.

METALLOINVEST
• operates in the iron ore and HBI/DRI industry with highly attractive fundamentals.
• is a top tier global iron ore producer with one of the two largest reserve bases in the world.
• is positioned for significant growth through its focus on the high growth pellet and HBI/DRI markets.
• has a diversified customer base, focused on the emerging markets.
• operates with one of the lowest production cost bases globally.
• has demonstrated strong financial performance and a prudent balance sheet position.
• has an established management team with a proven track record of delivering growth.

METALLOINVEST strategy is to consolidate and improve its position as a leading global commercial iron ore producer with a focus on further commercialising its reserve base and expanding its production of value-added iron ore and niche steel products. For this purpose, a large-scale programs of technological renovation have been launched at the Holding’s subsidiaries, and modern technologies are being introduced, allowing the product quality and its competitive ability to be significantly raised, the current production rate to be increased and the METALLOINVEST’s environmental safety obligations to be fulfilled. 

The focus is to ensure a development program that is structured to strike a balance between profitability and future growth opportunities as detailed below:
• Focus on development projects which further enhance the Holding’s strong global position in iron ore and HBI/DRI.
• Continue to develop and exploit the Holding’s existing reserve base and expand logistical capacity to strengthen its position in emerging markets.
• Continued development of new technologies to maintain cost efficient operations.
• Maximising profitability of the Holding’s steel operations.
• Further expand the Holding’s global mining activities with a focus on iron ore.
• Implementation of environmentally friendly policies.
• Impeccable reputation, strict compliance with business ethics and social responsibility.

The Company’s managers and shareholders have linked the future of METALLOINVEST with development of the mining and steel-making industry of Russia and with the economic interests of the country.