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AUSROAD – Mine & Blast Support

AUSROAD – Mine & Blast Support
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Royal Invest signs an agreement to finance its new mining

Metinvest concentrates 100% of shares in Pivnichny Mining Plant

Metinvest concentrates 100% of shares in Pivnichny Mining Plant 2 min read Metinvest B.V. (the Netherlands), the parent company of the Metinvest international vertically integrated mining and metallurgical group, increased its share in PJSC Pivnichny mining and processing plant (Kryvy Rih, Dnipropetrovsk region)up to 100% from 96.8% in 2020. According to the audited consolidated financial results for 2020, released on Tuesday, the section Financial cash flow states that the total amount of dividends paid in 2020 was $100 million, while $50 million was used to acquire a non-controlling interest [3.2% of shares] in the Pivnichny Mining. At the same time, the report does not specify from whom the shares were purchased. According to National Depository of Ukraine data for the fourth quarter of 2020, there were 2.2 billion ordinary registered shares, or 96.8336% of the authorized capital owned by Metinvest B.V.

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ਮਾਈਨਿੰਗ ਪਲਾਂਟ ਦੇ ਮਹਿੰਗੇ ਟੈਂਡਰਾਂ ਦਾ ਮਾਮਲਾ ਲੋਕਲ ਬਾਡੀਜ਼ ਮੰਤਰੀ ਦੇ ਦਰਬਾਰ ਚ ਪਹੁੰਚਿਆ
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