Black Iron intends to use loans, including from EBRD, to construct Shimanovskoye Mining and Processing Works.

“Recently the bank has decided to invest $350 million into ArcelorMittal Kirviy Rih, which is close to our deposits”, the company said.

The first stage of construction presupposes the GOK capacity of 4 million tons per year, and the second – 8 million tons. (Ukrainian metal)

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