KIEV, Jan. 31 – Russia's Metalloinvest mining and metal holding is still considering taking part in the project to complete the Kryvy Rih oxidized ore mill, also known as KGOKOR.

A January 28 report of Ukraine’s Antimonopoly Committee says that Russia's CJSC Metalloinvest applied to the committee regarding the purchase of a 25% stake in Ukrainian Ore-Metallurgical Company Ltd. (UOMC, Kyiv) created on the parity basis with Smart-group to complete KGOKOR.

"A permit to buy a share in Ukrainian Ore-Metallurgical Company Ltd. was given to CJSC Metalloinvest (Moscow, Russia), which grants it over 25% of the votes in the governing body of the company," reads the report.