Yuzhniy Mining and Processing Works has finished capital repairs of two sections of its ore-processing factory No. 1.
According to the company statement, in September the seventh, and in late October the eighth sections of the factory were commissioned.
Investments in modernization totaled 400 million UAH.
During the repair equipment at all the technological sites has been replaced. With the help of the new machines the company intends to start producing 60 thousand tons of concentrate per month at each section.
“This year a record-high investment program is carried out at the works – almost 2 billion UAH. We purchase new machinery, construct new objects, carry out capital repairs”, UGOK CEO Konstantin Fedin said. (Ukrainian metal)