NLMK Plans HBI Plant & Mine Expansion at Stoilensky
NLMK Group, the Belgorod Region administration and the Russian Ministry of Industry and Trade have signed a Memorandum of Intent for a project to
NLMK Group, the Belgorod Region administration and the Russian Ministry of Industry and Trade have signed a Memorandum of Intent for a project to construct a new metals and mining facility at the Stoilensky Mining and Beneficiation plant. The project is based on the most advanced and environmentally friendly technologies, and encompasses the development of several production stages and mastering a new product for the company, hot-briquetted iron. The project covers the expansion of the existing open-pit mine to increase iron ore output from 43 million tonnes to 67 million tonnes per year, the construction of new beneficiation capacities for a total of 10 million tonnes of concentrate, a pelletizing plant with a capacity of 9 million tonnes of pellets, and an HBI shop with a capacity of 2.5 million tonnes of HBI.
The new facility will be built with the strictest environmental norms in mind. It will employ the best available technologies ensuring that the environmental impact of production is minimized: gas purification systems, a closed loop water system, reuse of waste, conveyor transport in the open-pit mine, etc.
The project is set to create up to 1,300 new high-tech jobs. Investment will total approximately 250 billion rubles. Project implementation is planned for 2024-2027, with step-by-step commissioning scheduled for 2027-2028.