Iron ore

Ferrexpo invested more than 1.15 billion UAH in Ukrainian assets

Ferrexpo Group invested over 1.15 billion hryvnias (more than $43 million) in the first half of 2017 in the development of Poltava, Yeristovo and Belanovsky GOKs, members of the Group, which is 58.

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Kazakhstan increases iron ore mining

According to the Kazinform, which refers to the Economy Ministry of Kazakhstan, in the first eight months of 2017, the country produced 26.0 million tons of iron ore, which is by 11.4% more than in

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In H1 2017 Ferrexpo increased payments to budgets by 29.4%

Enterprises of the Ferrexpo group (Poltava, Yerastovka and Belanovsky GOKs) transferred over 535.7 million UAH of taxes and duties to budgets of different levels in the first 6 months of 2017, whic

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Iron ore production by Ukrainian companies shows growth trend

The July average daily production of commodity concentrate and sintered ore in Ukraine increased from 125.6 tonnes to 137.4 thousand tonnes, the output of agglomerate and pellets decreased from 68.

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In H1, Mechel reduced coal mining by 10% to 10.33 mln tons

In the first six months of this year, the sales of coking coal concentrate fell by 9% to 4.072 million tons in comparison with the same period last year.

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In H1, Metalloinvest’ net profit grew by 36.7%

In the first six months of the year, Metalloinvest increased its net profit by 36.7% to $585 million compared to the same period of the previous year, as it follows from the company's financial

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Metalloinvest concludes long-term contract with Severstal on supply of iron ore concentrate

Metalloinvest and Severstal has signed a new long-term contract for the supply of iron ore concentrate in the amount of 1.8 million tons, valid until June 30, 2018.

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Ferrexpo to loan $500 million secured by Poltava GOK

A $500 million credit line is opened for 5 years for Ferrexpo Finance plc, Ferrexpo AG, Ferrexpo Middle East FZE (owned by Konstantin Zhevago) and other obliged persons.This will be a pre-export cr

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Metalloinvest concludes long-term contracts with EVRAZ for supply of iron ore products

On August 7 Metalloinvest and EVRAZ signed new long-term contracts for the supply of iron ore and pellets in the volume of 3.4 million tons.

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In July, Southern GOK increased iron concentrate production

In July 2017, the Southern ore mining and processing enterprise (YuGOK, the Ukraine) increased the iron ore concentrate production by 13.8% to 1.052 million tons compared to the same period in 2016

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