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Article: Ukrainian iron ore mines reduce output in 10 mths.
- Article from:
- Russia & CIS Business and Financial Newswire
- Article date:
- November 3, 2009
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Ukrainian iron ore mines reduce output in 10 mths
KYIV. Nov 3 (Interfax) - Most Ukrainian mining companies reduced iron ore production significantly in January-October.
Poltava Mining, the core asset of the London-listed Ferrexpo plc, cut commercial pellet production from its own feedstock and under tolling arrangements tentatively 8.3% year-on-year in January-October to 7.202 million tonnes, Ferrexpo said in a press release.
This included 3.6 million tonnes of pellets with Fe-content of 62%, down 12.6% year-on-year; but 3.516 million tonnes of Fe-65%, up 5% year- on-year.
Overall October pellet production came to 784,900 tonnes, ...