Metalloinvest

Metalloinvest is a leading global iron ore and HBI producer based in Russia. The Company owns 14.9 billion tonnes iron ore reserve base, which is the second largest in the world. Metalloinvest is mostly focused on production of high value-added iron ore products – pellets and HBI/DRI, in which the Company is among the global leaders in the market share and cost efficiency. The Company’s production facilities are primarily located in the European part of Russia at Lebedinsky GOK (LGOK), Mikhailovsky GOK (MGOK) and OEMK. Metalloinvest also holds Udokan project, which provides the Company with the opportunity to become one of the largest copper producers globally. In July 2011 the Company placed its debut Eurobonds issue of $750 million with a maturity of 5 years and coupon rate of 6.5%.

 
 
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