Press Room

Metalloinvest announces management changes at Mikhailovsky GOK

23 January 2020

Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, has announced the decision of Sergey Kretov, Mikhailovsky GOKs Managing Director, to resign from his position.

Until a new managing director is appointed, Andrey Varichev, CEO of Management Company Metalloinvest, will assume his duties.

Andrey Varichev commented: We respect the decision of Mr. Kretov, which is linked to the state of his health. I would like to express our gratitude to Sergey for his enormous contribution to the Companys development.

Over the years at Mikhailovsky GOK, Sergey proved himself as a high-quality professional with a deep understanding of the specifics of the mining industry. He put together a team that successfully managed the tasks of comprehensive company modernisation, the development of production capacity and increasing the quality of production.

The key investment project at Mikhailovsky GOK was the launch of Pellet Plant #3 in 2015, which significantly strengthened Metalloinvests market position. Derrick Fine Screening Technology has also been successfully incorporated, improving the quality of iron ore concentrate, while a crushing and conveyor complex is also being built.

We wish Sergey Kretov good health, prosperity and every success for the future.

Sergey Kretovs career path has been closely linked to Mikhailovsky GOK. He first came to the plant in 1984 and worked as a senior engineer and geologist.

From 1989-1998, he was a geologist at the Zheleznogorsk specialised mine-building directorate of the Centroshakhtorudstroy Trust, before assuming managerial duties at Mikhailovsky GOK. From 2006, he ran the plant.

After many years of successful work, Sergey Kretov has been awarded the Order of Friendship, he is the full holder of the Miner Glory Badge, and he has been awarded the title of Honoured Metallurgist of the Russian Federation.

Mikhailovsky GOK is one of the leading enterprises in Russia and Europe for the extraction and beneficiation of iron ore.

The main types of marketable products at Mikhailovsky GOK are iron ore concentrate and pellets.

The plant successfully uses innovative technologies, implements large-scale production development projects, and broadens the geographies to which it delivers.

Anton Troshin

Anton Troshin

Corporate Communications Director
Tel.: +7 (495) 981-55-55

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