Ferrexpo is going to increase investment to production at Poltava GOK by 13%
Yeristovsky GOK.
The British Ferrexpo controlling the Poltava GOK and Yeristovsky GOK in the Ukraine is going to increase investment into the maintenance of the active production capacities and their further enlargement, and technical re-equipping of Poltava GOK by 12.7% to 1.69 billion grivnas in 2014. These data were brought into the public at the session of the Krivoy Rog territorial department of the State service for mining supervision and industrial safety when admission of the program for mining development in 2014. In 2012, Ferrexpo invested 1.98 billion grivnas to production at Poltava GOK, compared to 1.5 billion grivnas in 2013, equivalent to $187.7 million.