Ukraine: ABB to help increase iron ore production at PGOK

ABB, the leading power and automation technology group, will deliver a low-speed, dual pinion ring-geared mill drive system (RMD) for the Poltava Mining and Processing Works (PGOK) in Komsomolsk. This delivery will help to increase capacity of the mine’s processing plant. With its maintenance-friendly design the RMD solution minimizes mechanical wear on ring-geared mills and reduces downtime and repairs while providing high availability of the grinding equipment.

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Ukraine: Parliament to revise iron ore mines privatization

Ukraine’ Parliament members are mulling a review for privatization of large state enterprises, including state iron ore holding, Ukrrudprom. The head of the privatization committee at the Parliament Boris Filatov claims there have been certain law violations during the privatization process (in 2004-2005). The General Prosecutor’s office has initiated a case regarding privatization of Ukrrudprom in 2004, according to Filatov.

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