KYIV, July 17 – Poltava Mining and Processing Plant, the main asset of Ferrexpo Group, has launched a new technological complex for production of finished goods – Section No. 9 of the concentrating plant, the total cost of the project exceeded $100 million.

According to Ferrexpo's expectations, the project will make it possible to produce an additional 2 million tons of finished products, which will increase the company's sales volumes by about UAH 2 billion per year, starting from July 1 this year. The implementation of this project will increase the plant's installed capacity to more than 15 million tons of concentrate per year.