The Ukrainian Metal

Russia: UMMC to invest 6.2 billion rubles in Gaysky GOK construction

In 2019 Urals Mining and Metallurgical Company investments in the capital construction of the Gaysky Mining and Processing Works will grow almost 2-fold YoY, to some 6.2 billion rubles.

The most part of the funds – over 4 billion rubles – will be spent on the project to increase ore output to 9 million tons per year.

At the same time the capacity of the processing factory will grow to 10 million tons per year. (Ukrainian metal)

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