KIEV, Aug. 4 - Iron ore production by Ukrainian mines increased in the first seven months of 2008.
Inhulets Mining told Interfax that it boosted concentrate production 11.7% year-on-year in the seven months to 8.73 million tons. Inhulets is Ukraine's biggest iron ore concentrate producer. The Kiev-based Smart Group owns the mine but has transferred 82.46% of the shares to the strategic management of System Capital Management's Metinvest holding.
|