In 2021, Yuzhniy Mining and Processing Works intends to invest 5 billion UAH in its development.
The main funds will be directed to increase output capacity, improve product quality and modernize machine fleet.
In particular, UGOK will spend 3 billion UAH on the modernization of the processing capacities. It will repair 4 technological sections at the ore-processing factories Nos. 1 and 2. After the repair, concentrate output will grow by 1 million tons, to 14 million tons per year.
Until the end of the year, UGOK will commission the second 140-ton BelAZ truck. It also intends to buy two Atlas Copco drilling rigs a Caterpillar bulldozer and 30 dump cars.
The company will also repair three excavators, 2 locomotives and 12 km of railroad. (Ukrainian metal)