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13
March
2023

Marhanets GOK cuts output in Feb, in particular due to war, lack of personnel, PGOK preparing for launch in April

KYIV. March 13 (Interfax-Ukraine) – PrJSC Marhanets Mining and Processing Plant (MGOK, Dnipropetrovsk region) in February this year reduced its production volumes, including because of the threat of shelling from the Russian occupiers, difficult weather conditions and lack of personnel.

According to the information of the enterprise, February turned out to be quite difficult for MGOK: the work of all shops and divisions was affected by difficult mining and geological conditions that prevailed in the mines of the plant, weather conditions that significantly affected the work of Hrushevsky quarry, as well as the threat of artillery shelling carried by the Russian army from the temporarily occupied Energodar.

Therefore, the total production of raw manganese ore at MGOK amounted to 34,783 tonnes, which is less than the established plan for February by 4,817 tonnes (87.8% of the plan), since mines No. 9/10 and 14/15 did not cope with their planned tasks.

In turn, the information of PrJSC Pokrovsky GOK (PGOK, formerly Ordzhonikidze GOK, Dnipropetrovsk region) reports that the enterprise is preparing to start work from April, being in idle time from December 1, 2022, and the processing plants have been idle since October 1, 2022 (do not produce concentrate) due to electricity shortage.

PGOK is the largest producer of manganese ore in Ukraine, which is mining it in an open way. Four Cypriot companies, namely Profetis Enterprises Limited, Exseed Investments Limited, Clemente Enterprises Limited and Alexton Holdings Limited (all based in Cyprus), own 24.3024% of the shares of the plant.

MGOK develops the eastern part of the Nikopol manganese ore deposit (Hrushevsko-Basansky deposit). The plant, in particular, includes four operating mines, including one under construction, one quarry – Hrushevsky, and a processing plant.