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06 Aug
01:00

Metinvest iron ore faring well, but facing logistics obstacles

Ukraine’s Metinvest describes the overall situation at its mining enterprises as stable despite the ongoing armed separatist conflict. However, because of location, its iron ore business appears to be faring better than its coal mining. For both the key difficulty is shipment: beause of logistics interruptions, in particular on the railways, all shipments of raw coal and iron concentrate are down. Shipments of iron ore concentrate fell 53.5% in July, com…
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