Ukraine: MGOK replaces supervisory board

Shareholders of Marganets Mining and Processing Works have replaced the supervisory board and changed its chairman. Thus, at the general meeting on April 12 held remotely, the shareholders suspended the office of Wolodymyr Hrytsenko (chairman), Mykhailo Radchenko, Maksym Kovtun, Serhiy Victorovskiy, Maya Chalkina, Heorhiy Trypilskiy and Ihor Yurchenko. Kovtun (as the representative of Fianex Holdings…

Ukraine: Ferrexpo output up in Q1 2024

In January-March, Ferrexpo manufactured 2.054 million tons of iron ore products, up by 203% QoQ. Two to three of four pelletizing lines were used in manufacture. Pellets production grew by 189% QoQ, to 1.81 million tons. The group also produced 240.5 thousand tons of concentrate with iron content of 67%, up by 380%. Sales amounted…

Ukraine: Russians shell Donetsk region mine

On April 21, Russian invaders shelled a mine in Donetsk region, wounding three employees. “Repeated shelling occurred at night. Buildings were damaged,” the Ministry of Energy reported. Moreover, two mines were cut off grid due to strong wind. 25 miners remained underground, but were later brought safely to the surface. (Ukrainian metal)