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Sunday, 23 Nov 2008
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ENRC Ore mining and processing including Serov from Q2 2008
Sunday, 23 Nov 2008

 Q3'08Q3'07Change
Ore extraction1,1371,0577.60%
Processing of low grade stockpiles3753536.20%
Saleable ore production1,01187215.90%
Internal consumption of saleable ore72763115.20%



The Group’s acquisition of Serov had a positive impact on the total volume of ore extracted by the Ferroalloys Division. Serov’s ore extraction was 33 00 tonnes and saleable ore production was 2000 tonnes. Saleable ore production increased 15.9%, of which 13.6% points were attributable to the existing business and 2.3% points were attributable to Serov. The inclusion of Serov resulted in an increase in the internal consumption of chrome ore by 9400 tonnes, or 14.9% points, whilst the proportion of ore consumed internally from total saleable ore production decreased to 71.9% in Q3 2008.

 

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