KIEV, April 17 - Ferrexpo plc mining company, which controls Poltava Mining (PGOK), reached an agreement with its main customers to raise prices on iron ore pellets by 90% started from April 1, the company said in a statement posted on its own website and filed with the London Stock Exchange (LSE) on Thursday.
The statement said that the agreement affects customers in the company's core markets, from which 50% of Ferrexpo's expected sales for 2008 will be generated.
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