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09 Oct
13:27

Metalloinvest outlines five-year investment to raise Fe content

Metalloinvest has earmarked RUB 64 billion ($986.2 million) for investment into comprehensive development programmes at Lebedinsky and Mikhailovsky iron ore beneficiation plants (GOKs) in the next five years. The investment will focus on further improving quality of iron ore concentrate, pellet and hot-briquetted iron, and increasing output while containing and reducing environmental effects. It will also boost efficiency, Metalloinvest first deputy chief execut…
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