Sukha Balka Mining and Processing Plant to invest UAH 137 million in self-propelled machinery in 2019

According to the website of Sukha Balka PrJSC (Kryvyi Rih), the company is going to invest UAH 137 million in the purchase of self-propelled machinery in 2019.

In April, the company has already put a new drilling rig and a new Epiroc loader into operation at Frunze mine. This equipment will make mining and cutting operations faster.

“In the framework of the 2019 investment program, we purchased modern equipment of one of the world’s best brands. It will enable us to achieve higher mechanization of mining works, better occupational safety and production practices,” says Vitaliy Bash, CEO at DCH Steel.

Sukha Balka PrJSC is part of the DCH Steel holding incorporated in March. The plant’s annual production capacities reach 3 million tons of processed ore.

As reported earlier, the company signed an ore supply contract with Duferco worth UAH 2.5 billion.

The company was going to take a $30 million loan from Oschadbank