Ukraine: Ferrexpo ups pellets output in 2015
In 2015 Ferrexpo, owner of Poltava GOK and Yeristovo GOK, produced 11.66 million tons of iron ore pellets, up by 5.8% YoY.
Ukraine: PGOK believes railroad tariffs fatal to the industry
Poltava Mining and Processing Works, a part of Ferrexpo, believes the increase of the railroad transportation tariffs will be fatal to the industry.
Ukraine: nothing prevents the construction of Bilanovsky GOK
The Higher Administrative Court of Ukraine has allowed developing the Kremenchug territory, thus removing all obstacles on the way to build Bilanovsky Mining and Processing Works.
Ukraine: Ferrexpo to fire 40% of PGOK
Ferrexpo has decided to dismiss 40% of Poltava Mining and Processing Works employees.
Ukraine: Ferrexpo appoints Frauman its non-executive director
Ferrexpo plc, owner of the Poltava Mining and Processing Works, has appointed David Frauman its non-executive director.
Ukraine: Ferrexpo in talks over loan amendments
Ukrainian iron ore producer Ferrexpo is expected to conclude talks with banks over a 12-month maturity extension on its pre-export finance loans in October, a banker said.
Ukraine: Ferrexpo shares down at the news of bank problems
On September 18 the shares of the UK-based mining company Ferrexpo with assets in Ukraine fell at the London Stock Exchange after the news of the company losing access to its money in the Finances and Credits bank in Kiev. The bank is owned by Ferrexpo majority shareholder Konstantin Zhevago.
Ukraine: insolvent bank carries Ferrexpo’s $174 million
Ferrexpo had $174 million at the Finances and Credits bank, that had been named insolvent.
