MMK announce operational result on iron for Q2 and H1 2011
| Production | Q2 '11 | Q1'11 | Change |
| Iron ore incl | 1.133 | 1,277 | -11% |
| MMK iron ore base at Baka | 248 | 346 | -28% |
| MMK iron ore base in Magnitogorsk | 346 | 395 | -12% |
| Slag processing | 539 | 536 | 1% |
In’000 tonnes
| Production | H1'11 | H1'10 | Change |
| Iron ore incl | 2.410 | 2,285 | 5% |
| MMK iron ore base at Baka | 594 | 724 | -18% |
| MMK iron ore base in Magnitogorsk | 741 | 765 | -3% |
| Slag processing | 1.075 | 796 | 35% |
In '000 tonnes
1. Captive iron ore consumption in H1 2011 increased 5%YoY and amounted to 2,410,000 tonnes.
2. Consumption of iron ore coming from Bakal amounted to 594,000 tonnes in H1 2011 down by 18% YoY. This decrease was due to the separation of shipments from the Sosnovsky iron ore field from shipments from Bakal and as a result, ore shipments from this deposit are reflected in shipments from the MMK iron ore base in Magnitogorsk.
3. Consumption of iron ore produced at the MMK base in Magnitogorsk amounted to 741,000 tonnes in H1 2011 down by 3%QoQ. This decrease was due to the overhaul of processing plant #5 in June 2011.
4. Output of iron-containing charge from slag processing rose 35% in H1 2011 YoY and equalled 1,075,000 tonnes. This growth was driven by revamping of slag processing facility Amcom-1 and commissioning of Amcom-2 and Amcom-3 in 2010, which made it possible to increase intake of sludge concentrate from slag dumps.
5. Iron-containing charge consumption in Q2 2011 amounted to 539,000 tonnes up by 1%QoQ
According to MMK program for increasing iron ore production, in-house output of iron ore is expected to rise from 4.7 million tonnes in 2010 to 7.3 million tonnes by 2013.
