Ukraine: DTEK companies in uncontrolled territory of Donbass to work under Ukrainian law

Enterprises of DTEK private energy holding located on the territory of Donbass temporarily uncontrolled by Ukrainian authorities have been working and will work within the framework of Ukrainian legislation, DTEK Director General Maksym Timchenko said. “The company has been working and will continue to work exclusively within the framework of Ukrainian legislation,” he said. According…

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Ukraine: Valki-Ilmenit banned from apatite-ilmenite deposits

The Zhitomir District Administrative Court has cancelled the order of the Korosten regional state administration chairman on the approving of the detailed plan of territory for the mining and processing works at the Stermigorod apatite-ilmenite deposits. In October 2013, the administration chairman granted Valki-Ilmenit the right to develop the detailed plan of the territory. In…

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Ukraine: Fitch upgrades Ferrexpo Plc to ‘B-‘

Fitch Ratings has upgraded Ferrexpo Plc‘s Long-Term Issuer Default Rating (IDR) to ‘B-‘ from ‘CCC,’ reads a report on the rating agency’s website. “The outlook is stable. Ferrexpo Finance Plc’s senior unsecured rating was upgraded to ‘B-‘ from ‘CCC’. The Recovery Rating on the senior unsecured rating is ‘RR4’. Ferrexpo’s Short-term IDR was upgraded to…

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