Korshynov Mining Plant Public Joint Stock Company (KOGK.ME) engages in the mining and processing of iron ore in Eastern Siberia, Russia, operating the Korshunov open-pit mine, Rudnogorsky open-pit mine, and Korshunovsky concentrating plant to produce approximately 12 million tonnes of ore and 4.5 million tonnes of iron ore concentrate annually; the concentrate is supplied via rail to domestic metallurgical companies and exported primarily to China and other foreign markets including Korea. Founded in 1955 and headquartered in Zheleznogorsk-Ilimsky, Irkutsk Oblast, the company serves as a subsidiary of Mechel PAO, functioning as the sole ore mining and processing enterprise in the region with its own resource base proximate to the Baikal-Amur and Trans-Siberian Railways. In recent developments, the company continues technical re-equipment initiatives, including multi-year financing agreements worth around RUB 900 million with state entities for heavy-duty vehicle supplies to enhance operational efficiency, while reporting a net profit of RUB 273.4 million under RAS for the first three months of 2025, reversing a prior-year loss.