On improvement of corporate relations in the mining and metallurgical complex of Russia

Abstract

The article emphasizes the need to improve the mechanisms of corporate interaction of companies of the domestic mining and metallurgical complex (MMC). A brief description of the modern iron ore base of Russia is given, rational industrial operation of which implies further innovative development of iron ore raw materials processing industries, strengthening of the position of Russian metallurgical and mining companies in domestic and world markets. The main typological forms of integration interaction between metallurgical and mining segments of MMC are considered. A brief analysis of the content of the corporate governance codes used by MMC companies has been provided. Key principles of improvement of integration interaction of mining-enrichment and metallurgical in the framework of industry corporate associations are proposed. Among them — factors (conditions) of strategic planning of development of MMC business groups. Recommendations are given to improve the practice of strategic planning of supply and investment activities of mining and processing mills.