Main trends of iron ore production in Russia

Main trends of iron ore production in Russia

V.D. Kantemirov, R.S. Titov, A.M. Yakovlev

The authors present the analysis of the main statistics on iron-ore surface mining, supply and demand of iron ore in Russia in 1990-2016, shares of regions in iron ore and saleable products output. The article contains the main iron ore output statistics and distribution of all operating iron-ore surface mines of Russia by group depending on their iron-ore output. The estimates are provided of the main process equipment capacity at surface mines belonging to the leading mining and processing companies of the sector, and availability of surface mining equipment and machinery. A significant difference is shown between mines in terms of specific performance of the main surface mining equipment because of insufficiently intensive modernizing of their fixed assets and mining machinery. The time history is presented of mining and transport machinery fleets, and scope of mining operations by process of eight leading iron-ore mining and processing companies of Russia. The logistic structure and trends of iron-ore supply to Russian regional and foreign consumers are analyzed. The estimates and forecast of the iron-ore industry development for the nearest years are provided.

Key words: iron ore, iron-ore raw materials, mining and processing companies, mining machinery and equipment, performance indices, scope of supply and demand, surface mine, mineral reserves and resources

Mining Industry Journal №1 (137) 2018, p.72–74