The Ukrainian Metal

Russia: Olkon to keep record-high level of investments in 2020

This year Olkon’s investment program will total 2.86 billion rubles.

In particular, 1.4 billion rubles will be invested in projects to improve efficiency and develop manufacture, as well as increase iron ore concentrate quality.

Some 1.46 billion rubles will be spent to maintain and replace main funds of the company, including to modernize mining and transport fleet.

All in all the company intends to implement 106 projects. (Ukrainian metal)

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