The President of Russia Vladimir Putin has participated in a ceremony of start-up of the third shop of the Lebedinsky Mining and Processing Integrated Works on production of hot briquetted iron (HBI).
The president watched start-up on video broadcasting from the Center of console management of the shop in the presence of the management of the enterprise and the region. He also by means of the video cameras located in various parts of the shop in brief was told about production.
The design capacity is 1,8 million tons of HBI a year. The shop conclusion to design indicators will allow to increase the general production of iron on all three shops of the enterprise up to 4,5 million tons per year. Investments into construction have made about $660 million. In the shop more than 400 new jobs are created.
According to the president, start of the new shop of hot briquetted iron will strengthen leader positions of Lebedinsky Mining and Processing Integrated Works.