Poltava Mining and Processing Works will invest $34 million in the construction of a covered warehouse for iron ore concentrate.
The company has already finished earth and foundation works and has almost completed the assembly of metal structures and equipment.
The construction presupposes the use of 7.5 thousand tons of metal structures.
The warehouse will store 70 thousand tons of concentrate.
In 2019, PGOK spent $28.7 on the project. The warehouse will help increase pellets output by 1.5 million tons in 2021. (Ukrainian metal)