Metinvest will invest in the development of Kryvyi Rih mining and processing plants in 2025. The main capital investments will be directed toward maintaining key equipment, creating alternative energy sources, and ensuring safe and comfortable working conditions. Compared to the previous year, the company has more than doubled its investments in iron ore assets.
The largest share of investments will go toward major repairs of equipment and plant facilities—over 1 billion UAH. These investment projects will ensure the stability of production processes, the reliable operation of transport and key equipment, the fulfillment of quality indicators for maintaining competitive positions, and the reduction of iron ore production costs. Funds are also allocated for capital repairs of mining and transport equipment, processing complexes, and energy infrastructure.
Another priority for the year is energy independence, aimed at minimizing technological risks for enterprises during possible power outages. To achieve this, gas piston power plants with a total capacity of about 20 MW and solar power generation with a capacity of 23 MW are planned to be built at the Northern and Central GOKs. A total of 1.3 billion UAH will be allocated to these projects.
"In 2025, the active phase of the "Thickening of Beneficiation Waste at Northern GOK" strategic project will begin. This large-scale initiative aims to ensure the transportation of thickened beneficiation tailings to higher levels of the tailings storage facility after 2026. Additionally, it will help reduce energy consumption. The company plans to invest 1.4 billion UAH in this project in 2025. The volume of capital investments in Kryvyi Rih’s mining and processing plants has increased for 2025. As in the previous year, the company's investment strategy remains focused on maintaining the operational capability of enterprises. While the war limits the implementation of large-scale modernization and new production capacity projects in Ukraine, Metinvest continues investing in development, adjusting expenditures to meet current needs and challenges. At the GOKs, the key investment focus for the year is not only on maintaining infrastructure and operational equipment but also on ensuring energy autonomy for mining enterprises," said Dmytro Nepomniashchyi, Director of Capital Construction and Investments at Metinvest GOK
Additionally, the workplace improvement program remains relevant. This year, 70 million UAH will be allocated to enhancing working conditions, including major renovations of household facilities in administrative and utility complexes of the plants' structural units.
