Overview
Stage | Production |
Mine Type | Open Pit |
Commodities |
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Mining Method |
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Production Start | ... |
Mine Life | 2045 |
After operating at various levels of capacity in 2022/2023 affected by various difficulties, ArcelorMittal Kryvyi Rih ("AMKR") is currently operating its mining and steel facilities at 45% and 30%, respectively. The Company cannot predict the duration of the idling or of lower production as it will depend on the remaining course of Russia’s invasion and the establishment of safe and stable operating and logistical conditions thereafter, as well as potential repairs of any damages sustained. The Russian army has also blocked ports in Odessa, complicating and increasing the cost of exports (including steel and iron ore) from Ukraine. The ongoing conflict, its impact on demand, logistics (with respect to both supply and delivery) and costs and any resulting further reduced production, sales and income at its Ukrainian operations caused the Company to record a $1.0 billion impairment charge in 2022 with respect to such operations. |
Source:
p. 100,263
The Kryvyi Rih (OP) mine is 95.1% owned by ArcelorMittal and is integrated into the ArcelorMittal Kryvyi Rih steel business as a captive mine.
Contractors
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Summary:
The iron ore deposits are located within the southern part of the Krivorozhsky iron-ore basin. The iron mineralization at Novokryvorizke and Valyavkinske deposits is hosted by early Proterozoic rocks containing multiple altered ferruginous quartzite strata with shale layers. The major iron ore bearing units in the open pit mines have a carbonate-silicate-magnetite composition. In addition, oxidized, iron-rich quartzite is mined simultaneously with primary ore and is stored separately for possible future processing. Only the magnetite mineralization is included in the 2021 open pit iron ore reserve estimates. The high-grade iron ore of the Kirova deposit is hosted by a ferruginous quartzite with martite and jaspilite.
The iron-formation succession at Kryvyi Rih/Krivoy Rog consists of seven members having a total thickness of ~1300 m (Alexandrov, 1973).
The Kryvyi Rih Basin contains mostly Precambrian sedimentary-metamorphic rocks and is divided into three suites. The middle suite, with a thickness of up to 2,000 m, is the main ore-bearing formation. It consists of seven to eight seams of ferruginous quartzites (represented by hematites, magnetites, and mixed hematite-magnetite varieties) and schists. The average iron content is 30–40 percent in the ferruginous quartzites and 25–30 percent in the magnetite varieties (which compose 20 percent of the total quartzite reserves). Rich iron-ore bodies are dispersed throughout the ore-bearing formation. The ore i ........
Summary:
ArcelorMittal Kryvyi Rih ("AMKR") is a production stage iron ore mining complex located predominantly within the borders of the city of Kryvyi Rih, 150 kilometers southwest of Dnipro, Ukraine.
AMKR operates two open pits over the Novokryvorizke and Valyavkinske deposits.
Source:
Summary:
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Pipelines and Water Supply
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Reserves at December 31, 2023:
Mineral reserve for Ukraine Open Pit is estimated at a cut-off grade applied at Novokryvorizke deposit is 12% Fe, and at Valyavkinske deposit 16% Fe.
Mineral resources for Ukraine Open Pit are estimated at a cut-off grade applied at Novokryvorizke deposit is 12% Fe, and at Valyavkinske deposit 16% Fe.
Category | Tonnage | Commodity | Grade |
Proven
|
68 Mt
|
Iron
|
33.9 %
|
Probable
|
453 Mt
|
Iron
|
33.7 %
|
Proven & Probable
|
521 Mt
|
Iron
|
33.7 %
|
Measured
|
81 Mt
|
Iron
|
32.5 %
|
Indicated
|
407 Mt
|
Iron
|
33.5 %
|
Measured & Indicated
|
488 Mt
|
Iron
|
33.3 %
|
Inferred
|
6.3 Mt
|
Iron
|
36.7 %
|
Corporate Filings & Presentations:
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