The UK-based Ferrexpo Plc, which controls Poltava Mining and Yeristovo Mining in Ukraine, intends to reconstruct the integral property complex of the pellet production shop at Poltava Mining.
According to the documentation at the disposal of Interfax-Ukraine, it is planned to reconstruct the integral property complex of the pellet production shop in the building of the filtration and averaging building for concentrate No. 1, A and 2, B.
The timing of the reconstruction and the amount of funds for the project are not made public.
Ferrexpo is an iron ore company with assets in Ukraine. Fevamotinico S.a.r.l., controlled by Kostiantyn Zhevaho, owns 50% of Ferrexpo, BlackRock holds 6.74% in it.
Ferrexpo owns 100% of the shares of Poltava Mining, 100% of Yeristovo Mining and 99.9% of Belanovo Mining.
