The Ukrainian Metal

Ukraine: MGOK profits up in 2015

In 2015 Marganets Mining and Processing Works received 6.69 million UAH of net profits, up by 21.19% YoY, or by 1.17 million UAH.

Net income went up 3.6 times YoY, or by 1.33 billion UAH, to 1.84 billion UAH, the company reported.

This year MGOK intends to mine 484 thousand tons of beneficated manganese ore and get no losses. (Ukrainian metal)

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