CAPEX and key projects
In 2020, EVRAZ’ capital expenditures fell to US$657 million, compared with US$762 million a year earlier. Capital expenditures (including those recognised in financing activities) for 2020 (in millions of US dollars) can be summarised as follows.
| Tashtagol iron ore mine upgrade at EVRAZ ZSMK mining site |
The project’s aim is to increase annual ore production at the Tashtakolsky deposit with a partial switch to sublevel caving using mobile equipment.
| Sobstvenno-Kachkanarsky deposit greenfield project |
The project’s aim is to maintain production of raw ore.
| Rail and beam mill modernisation at EVRAZ NTMK |
The project’s aim is to increase the production of beams and of sheet piles.
|Steel, North America segment|
| Long rail mill at EVRAZ Pueblo |
The project’s aim is to replace the existing rail facility and meet the needs of customers for long rail products.
| Electric arc furnace (EAF) repowering at EVRAZ Regina |
The project’s aim is to increase prime coil and plate production at EVRAZ Regina and reduce electrode consumption.
| Acquisition of equipment at Osinnikovskaya mine |
Acquisition of equipment fully compliant with mining and geological conditions to provide the projected longwall load on a monthly basis.
| Access and development of reserves in the Uskovskaya mine’s seam no. 48 |
The project’s aim is to prepare the reserves in seam no. 48 for mining
| Acquisition of equipment at Alardinskaya mine |
The project’s aim is to reduce the time required for transition from longwall to longwall and to increase annual production volumes to 3.2mt.
| Access and development of reserves in the Esaulskaya mine’s seam no. 29a |
The project’s aim is to relocate mining operations from seam no. 26 to seam no. 29a
|Other development projects||56|
|Major overhaul of blast furnace no. 6 at EVRAZ NTMK||80|
|Technical re-equipment of the air heaters of blast furnace no. 2 at EVRAZ ZSMK||7|
|Other maintenance projects||371|