PROCESSING

Metinvest turns to humanitarian efforts

Metinvest Poland has begun operation as a base for aid transhipment hub

This article is 3 years old. Images might not display.

Ukraine-based steel producer and iron ore miner Metinvest has halted processing operations as a result of the Russian invasion, and is using facilities for humanitarian and defence purposes, the company said.

The company shut down steel plants in Mariupol and Zaporizhia after Russian strikes on the city, but is still running its Kamet Steel plant in Kamianske, and its mining assets in Kryvyi Rih are operating at 30-40%, said Metinvest.

Metinvest Poland has begun operating as a base for aid transhipment hub, to organise aid from European countries such as Romania, Germany, the Netherlands, the Baltic states and Poland itself.

Production facilities and plants belonging to partners have switched to the production of anti-tank obstacles, known as hedgehogs.

Rinat Akhmetov, founder and president of Metinvest owner System Capital Management, has also allocated €10 million (US$11 million) for the purchase of protective equipment for the territorial defence forces. This equipment includes helmets, armoured vests, and first-aid kits.

Luxembourg-based global steelmaker ArcelorMittal said last week that it has also shuttered its Ukraine steel plant in Kyiv due to the Russian invasion of Ukraine.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

Automation and Digitalisation Insights 2024

Exclusive research for Mining IQ Automation and Digitalisation Insights 2024 shows mining companies are embracing cutting-edge tech