Iron Ore Raw Materials (Iron Ore Concentrate, Sinter, Pellets) in Russia and the world: Production, Market and Forecast (10 edition)

Abstract

 

1. Brief characteristics of the world market of iron ore raw materials in 2015-2023

 

2. Basic concepts and definitions. Requirements for iron ores

 

3. Raw material base of iron ore raw materials as of 01.01.2023

 

4. Iron ore mining in Russia in 1995-2024

 

5. Production of iron ore products in Russia in 1998-2024

 

6. Current status of some mining and processing plants in Russia

Central Federal District

JSC Lebedinsky GOK

Raw material reserves

Enterprise composition, capacities

Production activities

Sales of products

Shipment of iron ore products to the domestic market

Export

Plant development and investment projects

Plant economics

Shareholders

PJSC Mikhailovsky GOK

Raw material reserves

Production activities

Sales of products

Plant development. Investment activities

Plant economics

Shareholders

JSC Stoilensky GOK (SGOK)

Raw material reserves and main equipment

Production activities

Sales of products

Plant development. Investments

Plant economics

Shareholders

JSC KMAruda Mining and Processing Plant

Raw material reserves

Enterprise composition, capacities

Production activities

Sales of products

Plant development and investment projects

Plant economics

Shareholders

 

Northwestern Federal District

JSC Karelsky Okatysh (Kostomuksha Mining and Processing Plant)

Raw material reserves

Enterprise composition, capacities

Production activities

Sales of products

Plant development and investment projects

Plant economics

Shareholders

JSC Olkon (Olenegorsk Mining and Processing Plant)

Raw material reserves

Enterprise composition

Production activities

Sales of products

Plant development and investment projects

Plant economics

Shareholders

JSC Kovdorsky Mining and Processing Plant

Raw material reserves

Enterprise composition and capacities

Production activities

Sales products

Plant development and investment projects

Plant economics

Shareholders

 

Ural Federal District

OJSC Vysokogorsky GOK

Raw material reserves

Enterprise composition and capacities

Production activities

Sales of products

Plant development and investment projects

Plant economics

Shareholders

OOO Bakalskoye Rudoupravlenie (OOO BRU)

Raw material reserves

Enterprise composition and capacities

Production activities

Sales of products

Plant development and investment projects

Financial status

Shareholders

JSC EVRAZ Kachkanarsky GOK

Raw material reserves

Enterprise composition and capacities

Production activities

Sales of products

Plant development and investment projects

Plant economics

Shareholders

OJSC Bogoslovskoye RU

Raw material reserves

Enterprise composition and capacities

Production activities activity

Sales of products

Plant development and investment projects

Plant economics

Shareholders

 

Siberian Federal District

PAO Korshunovsky GOK

Raw materials

Enterprise composition and capacities

Production activity

Sales of products

Plant development and investment projects

Plant economics

Shareholders

AO EVRAZ ZSMK

Raw materials

Enterprise composition and capacities

Production activity

Sales of products

Plant development and investment projects

Corporateization

 

Far Eastern Federal District

Kimkano-Sutarsky GOK (KS GOK)

Raw materials

Enterprise composition and capacities

Production activity

OOO GRK Bystrinskoye

Raw materials

Enterprise composition and capacities

Production activity

 

7. Export-import of commercial iron ore of the Russian Federation in 2000-2024 gg.

Export

Import

 

8. Domestic consumption of iron ore in Russia in 1997-2024

 

9. Forecast of development of the iron ore market in Russia until 2035

 

Appendix: Contact information of iron ore producers in Russia

Table 1: Production of iron ore by country in 2015-2023, million tons

Table 2. Mass fraction of total iron in iron ore at the main deposits in the Russian Federation, %

Table 3. State of the mineral resource base of iron ores by federal districts of the Russian Federation as of 01.01.2023, billion tons

Table 4. Distribution of iron ore reserves by industrial types in Russia (as of 01.01.2023), million tons

Table 5. Main deposits of the Russian Federation, million tons

Table 6. Distribution of reserves of the Central Federal District by iron ore regions, million tons, %

Table 7. Distribution of reserves of the Ural Federal District by subjects of the federation, million tons, %

Table 8. Distribution of reserves of the Northwestern Federal District by subjects Federation, million tons, %

Table 9. Distribution of reserves of the Siberian Federal District by subjects of the Federation, million tons, %

Table 10. Distribution of reserves of the Far Eastern Federal District by subjects of the Federation, million tons, %

Table 11. Distribution of reserves of the Volga Federal District by subjects of the Federation, million tons, %

Table 12. Extraction of raw iron ore by regions of Russia in 1995, 2000, 2005, 2010 – 7 months. 2024, million tons, %

Table 13. Distribution of operating quarries in the Russian Federation by iron ore production in 2023, million tons

Table 14. Distribution of mines in Russia by iron ore production in 2023, million tons

Table 15. Raw iron ore production by mining enterprises in Russia in 2000, 2010-2024, million tons

Table 16. Production of iron ore concentrate at enterprises in Russia in 2007 - 7 months of 2024, thousand tons

Table 17. Production of oxidized pellets by mining enterprises in Russia in 2005 - 7 months of 2024, thousand tons

Table 18. Availability and use of equipment, volume of work performed at open pit mines of JSC LGOK in 2020

Table 19. Dynamics of quality indicators of Lebedinsky GOK products for 2010-2023

Table 20. Shipment of iron ore products by type of product from LGOK in 2007-1H 2024, thousand tons

Table 21. Dynamics of iron ore supplies from LGOK to the domestic market in 2007-1H 2024, thousand tons

Table 22. Main consumers of iron ore (excluding HBI) of JSC Lebedinsky GOK on the domestic market in 2014-1H 2024, thousand tons

Table 23. Dynamics of iron ore exports (including HBI) of JSC Lebedinsky GOK in 2005-1H 2024 by country, thousand tons

Table 24. Assortment of exported iron ore raw materials and hot briquetted iron of JSC Lebedinsky GOK by country in 2021-2023, thousand tons

Table 25. Indicators characterizing the profitability and loss-making of JSC Lebedinsky GOK for the period 2005, 2008-2022, million rubles

Table 26. Iron ore reserves of the Vereteninskaya deposit of the Mikhailovskoye deposit (as of 01.01.2023), million tons

Table 27. Technological parameters for processing low-grade ore of the Vereteninskaya deposit of the Mikhailovskoye deposit

Table 28. Chemical analysis of the products of PJSC Mikhailovsky GOK in 2020

Table 29. Use of iron ore raw materials and concentrate in technological processes of PJSC Mikhailovsky GOK in 2019, million tons

Table 30. Availability and use of equipment, volume of work performed at open pits of PJSC Mikhailovsky GOK in 2019

Table 31. Consumers of iron ore of the Mikhailovsky GOK on the domestic market of Russia in 2008-2023, thousand tons

Table 32. Export iron ore raw materials of Mikhailovsky GOK in 2018-2023 by country, thousand tons

Table 33. Indicators characterizing the profitability and loss ratio of Mikhailovsky GOK PJSC for the period 2008-2022

Table 34. Technical conditions for agglomeration iron ore (STO 00186826-029-2015) produced by SGOK, %

Table 35. Technical conditions for agglomeration iron ore concentrate (STO 00186826-026-2015) produced by SGOK, %

Table 36. Technical conditions for iron ore pellets (STO 00186826-034-2013) produced by SGOK

Table 37. Availability and use of equipment, volume of work performed at opencast mines of JSC SGOK in 2018

Table 38. Export of iron ore raw materials by product range of SGOK in 2011-2022, thousand tons

Table 39. Profit and loss statement of JSC Stoilensky GOK in 2010-2021

Table 40. Availability and use of equipment, volume of work performed at underground works of JSC KMA-Ruda Plant in 2017

Table 41. Deliveries of concentrate of JSC KMA-Ruda Plant to the domestic market in 2006-2023, thousand tons

Table 42. Key technical and economic indicators of JSC KMA-Ruda Plant in 2008-2020

Table 43. Indicators characterizing the profitability and loss-making of JSC KMA-Ruda Plant for the period 2005-2021

Table 44. Physical and mechanical properties of fluxed and non-fluxed pellets produced by Karelsky Okatysh JSC

Table 45. Availability and use of equipment, volume of work performed at open pits of Karelsky Okatysh JSC in 2019

Table 46. Sales of iron ore concentrate and pellets by Karelsky Okatysh JSC in 2007 - 1st half of 2024, thousand tons

Table 47. Supplies of pellets by Karelsky Okatysh JSC to the domestic market in 2007 - 1st half of 2024, million tons

Table 48. Export of iron ore pellets by Karelsky Okatysh JSC in 2006 - 2023 by country, thousand tons

Table 49. Indicators of financial and economic activity of JSC Karelsky Okatysh in 2005-2020.

Table 50. Indicators characterizing profitability and loss-making of JSC Karelsky Okatysh in 2005-2021.

Table 51. Deliveries of concentrate of JSC Olkon in 2005 - 1st half of 2024. to domestic and foreign markets, thousand tons

Table 52. Indicators characterizing the profitability and loss ratio of JSC Olkon in 2005-2021, million rubles, %

Table 53. Ore reserves of deposits developed by JSC Kovdorsky GOK (as of 01.01.2023), million tons, %

Table 54. Sales of iron ore concentrate by JSC Kovdorsky GOK in 2007 - 1st half of 2024, thousand tons

Table 55. Supplies of iron ore concentrate by JSC Kovdorsky GOK to the domestic market in 2007 - 1st half of 2024, thousand tons

Table 56. Export of iron ore concentrate by JSC Kovdorsky GOK in 2007 – 1st half of 2024, thousand tons

Table 57. Indicators characterizing the profitability and loss-making of JSC Kovdorsky GOK in 2005-2022

Table 58. Supplies of concentrate and sintering ore to Vysokogorsky GOK from outside for the production of agglomerate in 2005 – 1st half of 2024, thousand tons

Table 59. Main consumers of iron ore of JSC Vysokogorsky GOK on the domestic market in 2007 – 1st half of 2024, thousand tons

Table 60. Indicators characterizing the profitability and loss-making of JSC Vysokogorsky GOK in 2005-2022

Table 61. Balance reserves of the Bakal iron ore deposits group, on the balance sheet of BRU LLC (as of 01.01.2023), thousand tons

Table 62. Technical conditions for iron ore products manufactured by BRU

Table 63. Main consumers of concentrate, siderite and sintering ore of BRU LLC* on the domestic market in 2005 - 1 half of 2024, thousand tons

Table 64. Average chemical composition of products manufactured by Kachkanarsky GOK, %

Table 65. Raw iron ore production by EVRAZ KGOK JSC by quarries in 2005-2020, thousand tons

Table 66. Sales of iron ore raw materials by EVRAZ Kachkanarsky GOK JSC in 2007 - 1st half of 2024, thousand tons

Table 67. Consumers of iron ore raw materials (agglomerate and pellets) of JSC EVRAZ Kachkanarsky GOK on the domestic market in 2010 - 1st half of 2024, thousand tons

Table 68. Export supplies of pellets of JSC EVRAZ Kachkanarsky GOK in 2007 - 1st half of 2024, thousand tons

Table 69. Indicators characterizing the profitability and loss ratio of OJSC EVRAZ Kachkanarsky GOK in 2005-2023

Table 70. Main consumers of concentrate of JSC Bogoslovskoye RU in 2007 - 1st half of 2024, thousand tons

Table 71. Indicators characterizing profitability and loss-making of JSC Bogoslovskoye RU in 2005-2022

Table 72. Availability and use of equipment, volume of work performed at open-pit mines of PJSC Korshunovsky GOK in 2018

Table 73. Supplies of iron ore concentrate of PJSC Korshunovsky GOK to the domestic market in 2007 - 1st half of 2024, thousand tons

Table 74. Indicators characterizing profitability and loss-making of PJSC Korshunovsky GOK in 2005-2021

Table 75. Reserves of iron ore deposits developed by branches of EVRAZ ZSMK JSC, million tons

Table 76. Raw ore mining at EVRAZ ZSMK enterprises in 2000 - 1st half of 2024, thousand tons

Table 77. Commercial ore production by EVRAZ ZSMK mining enterprises in 2007 - 1st half of 2024, thousand tons

Table 78. Sales volumes of iron ore products by EVRAZ ZSMK in 2011-2023, thousand tons

Table 79. Production and sales of iron ore by Kimkano-Sutarsky GOK LLC in 2017 - 1st half of 2024, million tons

Table 80. Production and sales of iron ore OOO GRK Bystrinskoye in 2018 – 1st half of 2024, million tons

Table 81. Dynamics of iron ore exports by main RF exporters in 2000, 2005, 2010 – 1st half of 2024. thousand tons

Table 82. Geographical structure of Russian iron ore exports in 1996, 2000 – first half of 2024, thousand tons

Table 83. Structure and dynamics of iron ore imports to Russia in 1998, 2000 and 2004 – first half of 2024, thousand tons

Table 84. Production-consumption balance of commercial iron ore in Russia in 1997, 2000, 2003-2024, million tons

Table 85. Pig iron production in Russia in 1997, 2000, 2003-2023, million tons

Table 86. Production of steel and rolled ferrous metals in Russia in 1997, 2000, 2002-2023 yyyyy, mln t

Table 87. Scheme of supplies of commercial iron ore to the main metallurgical enterprises of Russia in 2022

Table 88. Owners of Russian mining and processing plants

Table 89. Forecast of the balance of consumption and provision of commercial iron ore to the metallurgy of Russia until 2035, mln t

Figure 1: Dynamics of prices for commercial iron ores (ore fines, 62% Fe, CFR China) in 2012–2024. and forecast up to 2028, USD/t

Figure 2. Distribution of reserves and forecast resources of iron ores of category P1 by subjects of the Russian Federation, billion tons

Figure 3. Dynamics of raw ore mining in Russia in 1995-2024, million tons

Figure 4. Dynamics of iron ore concentrate production in Russia in 1998-2024, million tons

Figure 5. Technological processes of Lebedinsky GOK

Figure 6. Raw iron ore mining by JSC Lebedinsky GOK in 2000-2023, million tons

Figure 7. Production of iron ore raw materials and hot briquetted iron by JSC Lebedinsky GOK in 2000-2023, million tons

Figure 8. Main consumers of iron ore raw materials (excluding HBI) of JSC Lebedinsky GOK GOK» on the domestic market in 2014 – 1H 2024, thousand tons

Figure 9. Dynamics of iron ore export supplies (excluding HBI) of Lebedinsky GOK in 1999-2024, thousand tons

Figure 10. Technological processes of Mikhailovsky GOK

Figure 11. Raw iron ore mining by Mikhailovsky GOK in 2000-2023, million tons

Figure 12. Iron ore production by Mikhailovsky GOK in 1999-2023, million tons

Figure 13. Iron ore supplies by Mikhailovsky GOK by product type to the domestic market in 2004-2024, million tons

Figure 14. Dynamics of iron ore exports by Mikhailovsky GOK Mikhailovsky GOK in 1999-2024, million tons

Figure 15. Raw iron ore production by Stoilensky GOK in 2000-2023, million tons

Figure 16. Iron ore production by Stoilensky GOK in 1998-2023, million tons

Figure 17. Dynamics of iron ore exports by Stoilensky GOK in 2000-2024, million tons

Figure 18. Iron ore supplies by Stoilensky GOK to the domestic market in 2004-2024, million tons

Figure 19. Raw iron ore production by KMA-Ruda Combine in 2000-2023, million tons

Figure 20. Output iron ore products of JSC KMAruda Plant in 1995-2023, thousand tons

Figure 21. Raw iron ore production of JSC Karelsky Okatysh in 2000-2024, million tons

Figure 22. Iron ore production of JSC Karelsky Okatysh in 1999-2024, million tons

Figure 23. Raw iron ore production of JSC Olenegorsk GOK in 2000-2023, million tons

Figure 24. Dynamics of iron ore concentrate production of JSC Olkon in 1999-2023, thousand tons

Figure 25. Raw iron ore production of JSC Kovdorsky GOK in 2000-2023 y ... yyyy, thousand tons

Figure 32. Raw iron ore production by EVRAZ Kachkanarsky GOK in 2000-2023, million tons

Figure 33. Iron ore production by EVRAZ Kachkanarsky GOK in 1999-2023, thousand tons

Figure 34. Iron ore supplies by EVRAZ Kachkanarsky GOK to the domestic market in 2004 – first half of 2024, thousand tons

Figure 35. Raw iron ore production by Bogoslovskoye RU in 2000-2023, million tons

Figure 36. Iron ore concentrate production by Bogoslovskoye RU in 1999-2023, thousand tons

Figure 37. Raw iron ore production by PJSC Korshunovsky GOK in 2000 – 1st half of 2024, million tons

Figure 38. Concentrate production by PJSC Korshunovsky GOK in 1999 – 1st half of 2024, thousand tons

Figure 39. Sales of products by PJSC Korshunovsky GOK in 2004 – 1st half of 2024, thousand tons

Figure 40. Raw iron ore production at EVRAZ ZSMK enterprises in 2000 – 1st half of 2024, million tons

Figure 41. Dynamics of commercial ore production at EVRAZ ZSMK enterprises in 2005 – 1st half of 2024, thousand tons

Figure 42. Dynamics of iron ore exports from Russia by type in 2000 – 1st half of 2024, million tons

Figure 43. Dynamics of non-agglomerated raw material exports from Russia in 2000 – 1st half of 2024 (million tons) and average export prices ($/t)

Figure 44. Dynamics of pellet exports from Russia in 2000 – 1st half of 2024 (million tons) and average export prices ($/t)

Figure 45. Dynamics of iron ore imports to Russia by type in 2000 – 1st half of 2024, million tons

Figure 46. Dynamics of non-agglomerated iron ore imports to Russia in 2000 – 1st half of 2024 (million tons) and average import prices ($/t)

Figure 47. Dynamics of pellet imports to Russia (million tons) in 2000 – first half of 2024 and average import prices ($/t)

Figure 48. Dynamics of production, export, import and consumption of commercial iron ore in Russia in 1997-2024, million tons