Fortified Financing & Finnish Faith Foster Future Fortunes

Metinvest Group has announced it has attracted €23.6 million in foreign capital through a buyer credit facility, marking its first export credit agency backed loan since the start of the full-scale invasion. The facility, structured over 11.5 years, was arranged solely by Deutsche Bank under the guarantee of Finnvera, Finland’s export credit agency. This significant move underlines Metinvest’s resilience & determination to invest in modernising its operations amid difficult geopolitical circumstances.

Metso Machinery & Modernisation Magnify Mining Might

The funds raised through this agreement will be channelled towards purchasing advanced equipment from Finnish manufacturer Metso Finland. This investment is targeted at thickening enrichment waste, a vital step to optimise production efficiency at Northern Mining & Processing Plant. The initiative is part of Metinvest’s broader plan to elevate technological capabilities, ensure environmental responsibility & reinforce Ukraine’s industrial backbone.

Leadership Loyalty & Long term Legacy Lifted by Loan

“Despite ongoing security challenges, we are dedicated to preserving and potentially enhancing operational capacity,” stated Yuriy Ryzhenkov, Metinvest CEO. He emphasised the Group’s gratitude to partners, adding, “Their unprecedented support extends beyond Metinvest, serving as a broader signal of confidence in Ukraine.” Ryzhenkov highlighted the importance of steady investment to support workforce stability & environmental sustainability of the Group’s flagship iron ore assets.

Deutsche Determination & Diplomatic Drive Deliver Deal

Deutsche Bank, acting as the sole arranger and lender, reiterated its commitment to Metinvest. “Deutsche Bank is proud to support our long-standing client, Metinvest, with this important financing arrangement,” said Moritz Doernemann, Co-Head of Global Structured Trade and Export Finance. The bank underlined the partnership’s strategic significance, particularly given the challenges posed by regional instability.

Historical Highlights & Hurdles at Northern Mining Horizon

Northern Mining, a cornerstone of Metinvest’s iron ore operations, produced around 13 million metric tons of concentrate and 6 million metric tons of pellets in 2021. Due to the war and operational constraints, output fell to 8 million metric tons of concentrate and 4 million metric tons of pellets in 2024. This investment aims to offset declines, modernise processes and safeguard long term productivity.

Sustainability Strategies & Social Solidarity Strengthen Stance

Metinvest’s plan also focuses on sustainability and minimising ecological impact. By investing in advanced waste thickening technology, the Group seeks to reduce environmental footprint and improve operational efficiency. “It is not just about maintaining output, but about building a sustainable and future-ready operation,” said an internal Metinvest statement shared alongside the announcement.

International Investment & Invasion Inspire Industrial Innovation

Despite conflict-related challenges, this deal shows how international finance, engineering expertise and local determination can converge to keep Ukraine’s industrial sector resilient. With backing from Finnvera and machinery from Metso Finland, the agreement reflects broader European confidence in Ukraine’s economic potential and Metinvest’s strategic commitment to national reconstruction.

Key Takeaways

• Metinvest secured €23.6 million via Deutsche Bank, guaranteed by Finnvera, to modernise Northern Mining.

• The investment will fund Metso Finland equipment for enrichment waste thickening, boosting efficiency.

• Despite the conflict, Metinvest maintains commitment to environmental sustainability & Ukraine’s industrial future.