Ukraine: Ferrexpo litigating with bank
The Commercial Court of Kiev has accepted the claim of Ferrexpo plc to recover $10 million from Finances and Credits bank, which is being liquidated.
Ukraine: pellets exports in 2015
In 2015 Poltava Mining and Processing Works exported 11.49 million tons of iron ore pellets. Most pellets went to Europe and Near East, as well as Japan and China.
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.