Development Strategy

Metalloinvest's mission is to be the evolutionary basis of modern metallurgy for future generations.

We see our Company as a world-leading producer of high-quality iron ore, metallised and steel products, creating the responsible metallurgy of the future through open partnership.

Qualitative Change Strategy is approved to 2032.

The Strategy is based on the fundamental principles of:

• Quality;
• Environment
• Partnership

The Company's strategic priorities are:

• Increasing sales margins
• Increasing sales margins
• Sustainable development

Implementation of the Qualitative Change Strategy is planned in two phases:
Until 2026 - Optimisation of the commodity balance. The goal is to improve margins and ensure sustainable sales in high-margin markets, by matching production capabilities to peak market demand.
Until 2032 - Global leadership. The objective is to consolidate a leading position in the production of high-quality iron ore, metallised and steel products using green technology.

The Strategy entails increased investment in the development of high-quality products.

Key investment and development areas:

In order to achieve the Company’s strategic objective, it pursues the following priorities:

• Improving the quality of iron ore
• Production growth and pellet quality improvement
• Production growth and quality improvement of HBI/DRI
• Reduction in production cost and increase in mining production stability
• Development of niche steel sales and flexibility of metal production