Metalloinvest in 2014
Company Profile and Operational Highlights

Key Events 2014

History of the Сompany

Metalloinvest’s results in 2014 demonstrated that the Company has pursued the right development strategy in the areas of production, finances, and investments, and our achievements will act as a foundation for the Company’s continued sustainable growth”.
Andrey Varichev,
CEO Management Company
Strategy Report and Business Model
Message from the Chairman of the Board

Message from the CEO

Business Model

Structure of the Company's Assets

Long-term Strategy

Investment Programme: 2014

Metalloinvest continues to develop its strategic projects aimed at supporting and growing its production capabilities, minimising costs, improving market positions, protecting the Company’s long-term financial stability and increasing shareholder value”.
Ivan Streshinsky,
Chairman of the Board of Directors
Financial and Operational Results
Market Overview

Financial Results
Key Financials

Capital Markets

Credit Ratings

Operational Results
Key Operational Results

Largest implemented projects

Certification Audits

In 2014, Metalloinvest has focused its efforts on developing the Company’s production assets and achieving strong financial results. Metalloinvest has continued to implement its strategy and has reached its targets. It has maintained a strong financial footing and realised its production targets, while exceeding production forecasts for some products”.
Andrey Varichev,
CEO Management Company
Corporate Governance
Management Bodies

Board of Directors

Management Board

Internal Control and Audit System

Risk Management System

The Board of Directors takes a proactive position, both in forming a long-term strategy, and in material issues of operating activity and assessment of work efficiency of the top managers. Qualification and professional experience of the members of the Board of Directors allow us to successfully implement the Company's development strategy”.
Ivan Streshinsky,
Chairman of the Board of Directors
Sustainable Development and Corporate Social Responsibility
Interaction with Stakeholders

Personnel Development

Occupational Health and Safety

Environmental Protection

Information Disclosure

We recognise that the Company cannot develop in a sustainable manner unless it takes into consideration external economic, environmental and social factors. Ongoing dialogue with our stakeholders, an understanding of their expectations and a focus on creativity and partnership are the fundamentals of our approach to responsible business management”.
Andrey Varichev,
CEO Management Company

Structure of the Company's Assets

Mining Segment

Lebedinsky GOK

3.9billion tonnes

Proven and probable reserves in accordance with the JORC Code (IMC Montan)

Lebedinsky GOK is the largest iron ore company in Russia, which mines and enriches iron ore and produces high-quality iron ore products. Lebedinsky GOK is the only producer of HBI in Russia. The enterprise operates open-pit mines with proven reserves of 3.9 billion tonnes of iron ore.

The main types of products at Lebedinsky GOK are:

Iron ore concentrate

Fluxed pellets

Non-fluxed pellets

HBI

Location map of Belgorod Region

Production figures for 2014

20.5million tonnes
iron ore
concentrate

9.0million tonnes
of pellets

2.4million tonnes
HBI

Main technological processes of Lebedinsky GOK

Mikhailovsky GOK

10.5billion tonnes

Proven and probable reserves in accordance with the JORC Code (IMC Montan)

Mikhailovsky GOK is one of the largest iron ore production and beneficiation plants in Russia and CIS. Mikhailovsky GOK performs open-pit mining of iron ore deposits and has proven reserves of 10.5 billion tonnes.

The main types of products at Mikhailovsky GOK are:

Sintering
ore

Fluxed
pellets

Blast furnace
ore

Iron ore
concentrate

Non-fluxed
pellets

Blast furnace
concentrate

Location map of Kursk Region

Production figures for 2014

16.7million tonnes
iron ore
concentrate

9.9million tonnes
of pellets

Main technological processes of Mikhailovsky GOK

Steel Segment

OEMK

OEMK is the only full-cycle steelmaking plant in Russia, which uses direct reduction technology and electric arc furnaces, enabling it to produce steel that is almost completely free from contamination and residual elements.