In January-September Ferrexpo invested over 1.47 billion UAH ($55.3 million) in its Ukrainian assets.
In particular, Poltava Mining and Processing Works received over 1075.2 million UAH ($40.4 million), and Yeristovo Mining and Processing Works – 390 million UAH ($14.9 million).
PGOK spent this money on deposits development, strategic projects, spare parts, etc.
EGOK used the money to mine and process ore, construct railroad, as well as carry out geological and prospecting works.
By the end of the year Ferrexpo intends to have invested over $100 million in its assets. (Ukrainian metal)