Business Daily Media

Men's Weekly

.

Metalloinvest invests RUB 52 billion in eco-efficient tailings storage facility at Lebedinsky GOK

MOSCOW, RUSSIA - Media OutReach - 31 March 2023 - Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, plans to invest RUB 52 billion to build an eco-efficient tailings storage facility at Lebedinsky GOK.



The use of advanced technologies will reduce the specific consumption of electricity by 25% and lower dust emissions by 90% while also reducing the operating costs involved in pumping tailings and returning water to the production process.

"What defines leadership in the mining and metals industry today is using not only advanced production technologies but also environmentally friendly technologies", said Metalloinvest CEO Nazim Efendiyev. "The construction of a new tailings storage facility signals a qualitative transition to a new level of environmental safety at LGOK."

All environmental requirements are being taken into account in the implementation of the project. Public hearings were held, and the project received positive reviews from the State Agency for Environmental Impact Assessment and the Main State Expert Review Board.

Plans for 2023 include the reconstruction of the thickening and circulating water supply system, site preparation for the tailings dam bed and the construction of bund walls, and preparation of the foundations for the main slurry pipelines. The construction of substations and a building for the preparation of reagents for water purification will also get under way.

The first start-up complex for the tailings dam is expected to begin operating in 2026. The project is expected to be fully operational by the end of 2028.

The new site will receive up to 20 million cubic metres of tailings annually.

Upon commissioning of the new tailings storage facility, the existing site will undergo reclamation.

Advanced technologies will be used to achieve a radical reduction in environmental impact. Anti-filtration screens will be installed at the bottom of the storage facility and the base of the dams to prevent the ingress of process water into the aquifers. Instruments will be used to monitor the condition of hydraulic structures. Protective dams up to 30 metres high will be built, with subsequent levels 5 metres high to be added later.

As part of the project, clarified water will be returned to the processing plant to be used in the production process.

The reconstruction of the thickening unit and the optimisation of the water-slurry system will enable a reduction in the specific consumption of electricity. Starting from 2026, the reconstruction of eight 50-metre and three 100-metre thickeners will reduce the operating costs involved in pumping tailings and returning water.

Hashtag: #Metalloinvest

The issuer is solely responsible for the content of this announcement.

About Metalloinvest

Metalloinvest is a leading metals and mining company, a world leader in proven iron ore reserves on a JORC-equivalent basis (15.4 billion tonnes). The company is the world's largest producer and supplier of merchant hot briquetted iron (HBI) products, a low-carbon raw material used to produce green steel; Metalloinvest holds a leading position in the production of pellets, iron ore concentrate and high-quality steel.

Ticker (Bloomberg): METIN RU; official website:

News from Asia

CUHK Faculty of Engineering: Advancing Innovation Through Research Excellence and Global Collaboration

HONG KONG SAR - Media OutReach Newswire - 23 July 2025 - The Faculty of Engineering at The Chinese University of Hong Kong (CUHK) continues to strengthen its position in global engineering educat...

Jollibee Group Evolves its Corporate Brand to Help Power Global Growth

Brand update brings to life its global purpose and positioning as a unified group of brandsMANILA, PHILIPPINES - Media OutReach Newswire - 23 July 2025 - The Jollibee Group, one of the world's fas...

Samsung’s Solve for Tomorrow 2025 Youth Innovation Competition is Now On

SINGAPORE - Media OutReach Newswire - 23 July 2025 - Samsung Solve for Tomorrow 2025, the highly-anticipated youth innovation competition, is back for its ninth edition in Singapore! As the natio...

AECOM to enhance mobility across the Greater Bay Area by delivering the Hong Kong Section of Hong Kong–Shenzhen Western Rail Link (Hung Shui Kiu-Qianhai)

HONG KONG SAR - Media OutReach Newswire - 23 July 2025 - AECOM, the trusted global infrastructure leader, today announced that its joint venture with AtkinsRéalis has been awarded the consultancy ...

OCBC Hong Kong Unveils New Brand Campaign

Connected to “As One Group, OCBC Enables Aspiration All Across ASEAN and Greater China” Demonstrating the Unwavering Commitment in Realising Customer’s Aspirations HONG KONG SAR - Media...

X.me Foundation Empowers Global Expansion of the X.me Social Media Platform

SINGAPORE - Media OutReach Newswire - 23 July 2025 - X.me (https://x.me) is a social media platform where users can freely express themselves, share content, engage, and interact while earnin...

XTransfer Announces Over 700,000 Global Customers

Emerging Markets Become the "Blue Ocean" for Enterprises Going GlobalSHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border...

Asia Pacific Enterprise Awards and Asia Responsible Enterprise Awards 2025 China Chapter Celebrates Exemplary Business Excellence and Responsible Leadership

SHANGHAI, CHINA - Media OutReach Newswire - 23 July 2025 - The Asia Pacific Enterprise Awards (APEA) and Asia Responsible Enterprise Awards (AREA) China Chapter successfully concluded its latest e...

Linyi Goods at Vietnam Expo Boost Sino-Viet Trade Ties

HO CHI MINH, VIETNAM - Media OutReach Newswire - 19 July 2025 - The China Factory Products Export Fair 2025 was held in Ho Chi Minh City, Vietnam from July 12 to 14...

Madame Tussauds Unveils 13 New Taylor Swift Figures in Historic Global Launch

Madame Tussauds Hong Kong’s new Taylor Swift wax figure will celebrate the folklore era, as part of the global entertainment brand’s biggest launch to dateHONG KONG SAR - Media OutReach Newswire ...

Baby boomers are driving development feasibility leading to larger apartments

As residential developers continue to grapple with feasibility issues on apartment projects, the sector is struggling to deliver volumes of new st...

Hays launches FY25/26 Salary Guide: ‘Salary Paradox’ deepens as pay rises fail Australians

Rising dissatisfaction with pay, progression and perks is fuelling a new wave of career change in FY25/26, as Australians demand more from employe...

Australian Businesses Still Stuck in the AI Hype Cycle

Data Governance Failures, ROI Gaps and Unclear Strategy Slowing Progress Despite artificial intelligence (AI) dominating headlines and boardroom ag...

How to ensure your manufacturing business survives international tariff turmoil

Optimising your operations in FY2026 will help you combat the challenges of a volatile trading environment. Up, down, in out…Since the commence...

Why Apptio is Enhancing Visibility into AI and Hybrid Cloud

AI investments have become a strategic priority for business with the mindset that if you're not using AI, you're falling behind. But according to...

Beyond borders: Building a scalable strategy for international hiring

For many Australian businesses, growth increasingly depends on thinking beyond local borders.  As wage pressures rise, and specialised talent pool...

Sell by LayBy