Ukraine: InGOK ends 2015 with losses
In 2015 Ingulets Mining and Processing Works received 3.49 billion UAH of losses.
In 2015 Ingulets Mining and Processing Works received 3.49 billion UAH of losses.
Ingulets Mining and Processing Works will supply a trial batch (20 thousand tons) of 68% iron content concentrate to ArcelorMittal Poland S.A.
Ingulets Mining and Processing Works has put two new jaw crushers into operation.
In 2015 Ingulets Mining and Processing Works produced 11.61 million tons of iron ore concentrate, down by 13.7% YoY.
The supervisory board of Ingulets Mining and Processing Works has prolonged the authority of the acting CEO Alexander Gerasimchuk till July 15.
Ingulets Mining and Processing Works has completed the capital repairs of the section #13 in the main processing building #2.
In January-September Ingulets Mining and Processing Works, a part of the Metinvest Group of Companies, produced 8.53 million tons of iron ore concentrate, down by 16.5% YoY.
Ingulets Mining and Processing Works (InGOK) plans to start processing oxidized ores.