The Ukrainian Metal

KZhRK targets 69% YoY increase in iron ore output in 2010

It is reported that  the iron ore producer Krivoy Rog Iron Ore Industrial Complex (KZhRK) plans in 2010 to increase its iron ore output by 68.5% YoY, or 2.5 million tons, to 6.3 million tons.
According to preliminary data, in 2010 the plant intends to invest UAH 303.516 million in its development, of which UAH 57.6 million will be used for the purchase of new equipment.
In 2009, KZhRK iron ore output fell by 58.6% YoY, or 5.37 million tons, to 3.8 million tons compared to 2008. (SteelOrbis)
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