Metalloinvest’s subsidiary OEMK’s ball rolling facility plans to manufacture ball rollers of 90mm in diameter that will help produce finely ground raw material for a higher quantity of iron ore.
This ball rolling facility was launched in November last year and the company has invested around RUB 1bn ($13.3mn) on it. The current production capacity of the facility is 43,000mt of rolled steel grinding balls, the company noted in a Jul 19 statement.
Apart from external customers, the new product will be supplied to Metalloinvest’s own enterprises Lebedinsky and Mikhailovsky.
($1 = RUB 74.65)