Metinvest gets Antimonopoly Committee nod for Ilyich merger

Metinvest BV (Netherlands) has obtained a formal approval of the Antimonopoly Committee of Ukraine for acquisition of newly issued shares of the Ilyich Steel, PSC and Mariupol Ilyich Iron and Steel Works, PJSC thereby gaining more than 50% voting rights in managerial bodies of aforementioned companies. This is another important step Metinvest BV has taken towards…

Ukraine increases manganese ore production

It is reported that in January to July Ukrainian mining companies increased manganese raw materials production 2.43 times compared to the same period of last year to 1.047 million tons.During seven months of the year Marganetsky GOK increased manganese concentrate production 3.45 times, to 416,100 tons. Orjonikidzevsky GOK increased production of manganese concentrate by 53.6%…