Metalloinvest chooses Siemens and Midrex Technology for its new HBI production facility(PresseBox) (München, )
The consortium with Siemens and Midrex is responsible for the process turn-key including engineering, manufacturing and supply of mechanical and electrical equipment and level 1 and level 2 automation. The Midrex direct reduction process was chosen for the LGOK's second module in 2005 and now Metalloinvest has decided that its third HBI facility will also use proven Midrex technology to produce high quality HBI. The existing Midrex HBI plant, delivered by the consortium of Siemens and Midrex, began operation in 2007 and is currently the world's largest briquetting module producing 1.4 Mtpy.
With the expansion Metalloinvest - the largest iron ore producer in Russia - meets the growing demand for hot briquetted iron in Russia, Europe, Asia and Middle East. Eduard Potapov, Chief Executive Officer of Metalloinvest, commented: "HBI production growth is one of the top priorities of Metalloinvest's development strategy. Construction of the new plant will allow it to strengthen the Company's positions on the global HBI market and significantly increase production volume of high value-added iron ore products".
Iron ores, comprised mostly of magnetite, are first concentrated and processed to DRgrade pellets. These pellets are then fed into a Midrex furnace where they are reduced to metallic iron followed by discharging into hot-briquetting machines, producing HBI with a metallization degree exceeding 93 percent. The briquettes have an apparent density exceeding 5.0 g/cm3 and are well suited for transport due to the low quantity of fines generated during handling.
METALLOINVEST is a leading global iron ore and HBI producer and supplier and one of the regional steel producers. METALLOINVEST was the leading producer of merchant HBI globally with approximately 36% global market share in 2011 and is the largest HBI/DRI producer in the CIS, according to CRU. Currently, LGOK operates two HBI plants producing 2.4 Mtpy in total. The feed for the new HBI plant consist of 100% pellets produced from Lebedinsky GOK iron ore.
METALLOINVEST also owns Oskol Electrometallurgical Works (OEMK), a mini-mill in the same region operating four MIDREX® Plants that produce DRI for onsite EAF's. Metalloinvest is a global player in the production of beneficiated iron ore products, processing the majority of its primary iron ore concentrate production into valueadded products, such as high-grade iron ore concentrate, iron ore pellets, HBI/DRI, and finished steel products.
Midrex Technologies, Inc. Midrex Technologies, Inc. is an international process engineering and technology company providing steelmakers with commercially proven solutions for greater profitability and has been the leading innovator and technology supplier for the direct reduction of iron ore for more than 40 years. The company offers ecofriendly technologies for ironmaking that provide high productivity, outstanding product quality, and cost competitiveness. Midrex has built its foundation upon the MIDREX® Direct Reduction Process that converts iron ore into high-purity direct reduced iron (DRI) for use in steelmaking, ironmaking, and foundry applications. Each year, MIDREX® Plants produce about 60 percent of the world's DRI. For more information visit: http://www.midrex.com