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10 Feb
15:34

Metalloinvest ramps up pellet production with new investments

Russian steelmaker Metalloinvest will increase production of iron ore pellet and will improve iron ore quality with new development projects in 2021, company investment director Natalya Gryzanova said during an online presentation. Total capital expenditure in 2021 will amount to $560 million, Kallanish notes, of which about 70% will be directed to development projects. This includes improving the quality of iron ore, increasing the production of pellet, reducing…
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