According to the information released on March 5, 2025, Metinvest investment company is expected to double its investment in iron ore mining enterprises (GOKs) in 2025, with a total amount reaching 5.7 billion Ukrainian hryvnias (approximately $137 million), focusing on energy self-sufficiency, production stability, and sustainable development. An investment of 1.3 billion hryvnias ($31 million) is planned for the construction of facilities at the Northern and Central iron ore mining enterprises. The Northern iron ore mining enterprise will launch a tailings treatment project with an investment of 1.4 billion hryvnias ($34 million). By optimizing the transportation of tailings to higher-level tailings storage facilities, the project is expected to significantly reduce energy consumption and improve resource utilization efficiency starting from 2026.
Ukraine's Metinvest is expected to double its investment in iron ore mining enterprises (GOKs) by 2025.
- Mar 06, 2025, at 11:24 am
According to the information released on March 5, 2025, Metinvest investment company is expected to double its investment in iron ore mining enterprises (GOKs) in 2025, with a total amount reaching 5.7 billion Ukrainian hryvnias (approximately $137 million), focusing on energy self-sufficiency, production stability, and sustainable development. An investment of 1.3 billion hryvnias ($31 million) is planned for the construction of facilities at the Northern and Central iron ore mining enterprises.
