"United Mining and Chemical Company" | News | PJSC UMCC increased ilmenite output by 1.7 times

PJSC UMCC increased ilmenite output by 1.7 times
PJSC UMCC increased ilmenite output by 1.7 times

14.04.2017

Subsidiaries of PJSC United Mining and Chemical Company produced 111,509 t of ilmenite concentrate, the company's main product, in January – March 2017. This indicator is 1.7 times higher than the production results of January – March 2016, when the output was 63,807 t.
Irshansk Mining and Processing Plant contributed most to the company’s output growth in Q1 2017. Over the reported period, the plant produced 75,924 t against 35,585 t in January – March 2016.
“Nearly a double increase of ilmenite output at IMPP is due to the plant’s re-orientation to export last year. The sales department of the company headquarters has accomplished a colossal work in terms of search of consumers of Irshansk ilmenite, which was forgotten at the world markets, while the plant was leased.
Last year, we managed to reverse the situation and now the plant supplies up to 80% of its output to China and EU countries. The production of the Irshansk plant is oriented at these contracts, comments UMCC Acting Chairman of the Board Oleksandr Gladushko.
The situation with production of key concentrates at Vilnohirsk Mining and Metallurgical Plant is somewhat different. Ilmenite concentrate output at the plant increased insignificantly in Q1 2017 – from 35,358 t to 35,585 t. The indicators of zircon and rutile concentrates output dropped. Specifically, the plant produced 5,447 t of zircon concentrates over the reported period against 5,890 t a year earlier, rutile concentrates – 10,485 t against 11,018 t in Q1 last year.
“The decline of certain production indicators at VMMP is explained by variations in the structure of polymetallic ores, and also complicated mining and geological conditions. This led to some decrease of production of zircon and rutile concentrates.
Also there is a pressing issue of increasing stripping works at the plant. We are mobilizing the plant’s staff to complete this task,” says Gladushko.