According to Ihor Tonov, CEO of Central GOK (Central Mining and Processing Plant) in Kryvyi Rih, Metinvest will install gas-fired power plants at both the Central GOK and Northern GOK, while a solar power station will be built at the Central GOK site.
Tonov noted that the energy projects are set to be financed by Ukrainian banks, with agreements currently in the finalization phase.
In total, Metinvest plans to invest UAH 5.7 billion in its Kryvyi Rih mining and processing facilities in 2025. The key areas of investment include maintaining critical production equipment, developing alternative power sources, and improving workplace safety and conditions.
Amid escalating hostilities near Pokrovsk, Metinvest was forced to halt operations at one of its most profitable assets — the Pokrovske Coal Group — due to intensified russian military action.
