"United Mining and Chemical Company" | News | New factory put into operation at IMPP

New factory put into operation at IMPP
New factory put into operation at IMPP

02.10.2019

On October 1, the rough concentrate factory of the open pit mine No. 9 was put into operation at Irshansk Mining and Processing Plant, a subsidiary of JSC United Mining and Chemical Company.
 
The factory has new, high-end processing equipment, manufactured by Australian company Mineral Technologies, which has no analogs in Ukraine – 8 modules of different types of spiral separators MG-6 (68 units) and HG-10 (10 units). The new equipment will help Irshansk plant increase extraction of useful component – ilmenite from 55% to 70%. The total investment in the equipment upgraded amounted to nearly UAH 50 million.
 
“I will say it without exaggeration – this is the most high-end factory of primary processing in Ukraine. We invested in it not only funds, but our heart and soul and our great expectations for the better performance of the subsidiary, which has been developing new land areas, which Irshansk received at the beginning of the year, at full speed,” stated Oleksandr Gladushko, Acting Chairman of the Board of JSC UMCC, commenting on the event. He believes the new asset will improve performance indicators of the Irshansk subsidiary, as the new line of primary processing will reduce the losses of useful fractions of ilmenite and their content in tails.
 
Irshansk Mining and Processing Plant has never in its history had such modern primary processing equipment. I believe our competitors should envy us. We are grateful to the management of the United Mining and Processing Plant for such technological step forward. It really inspired our team,” says Viktor Sivchenko, Director of IMPP, a subsidiary of JSC UMCC.
 
Background info
 
Rough concentrate factory of the open pit mine No. 9 at IMPP began its operation in 2005. It was shut down for reconstruction in December 2018, and in July 2019 it successfully passed the testing on return water.
The factory’s titanium ore processing capacity is 850,000 m3/year.
Rough concentrate output is 48,254 t a year, recalculated in finished products – 33,253 t of natural concentrate, which will account for 20% of the annual plan of IMPP for 2020.
Prior to reconstruction, the extraction rate was 70%, now expected at 80%.
Ilmenite content in rough concentrate was 55.0%, now expected at 70.0%. Period of return of investment is 2.7 years.
Irshansk Mining and Processing Plant remains the key budget revenue contributor. Over 9 months of 2019, the plant paid UAH 27.3 million in taxes to the local budget; UAH 45.2 million to the consolidated budget.