KYIV, Dec 18 – Metinvest mining and metallurgical group will be able to significantly increase the shipping of iron ore products from its mining and processing plants (GOKs) by sea if the sea corridor in the Black Sea is stable.

“If the corridor operates stably, then there is a possibility that by the end of the first quarter of 2024 the workload of mining and processing plants will increase at the level of 75-80% versus 35-40% in 2022,” said Metinvest CEO Yuriy Ryzhenkov in an interview with Forbes-Ukraine.