KIEV, Nov. 6 – Ukraine should not sell Kryvy Rih oxidized ore mining plant (KROOMP) to foreign investors, but should create a pool of Ukrainian companies to complete the construction of the facility, an industry executive said.

Oleksandr Pylypenko, the Vice-President of Industrial Group, a managing company of the Industrial Union of Donbas, one of the biggest steel conglomerates in Ukraine, said the government should sell a minority stake in the iron ore project.