Ferrexpo invested $40 million in filtration sites and a concentrate warehouse at Poltava GZK

The mining company Ferrexpo announced the commissioning of the filtration areas and the concentrate warehouse at the crushing and beneficiation factory (DZF) of the Poltava mining and beneficiation plant (Poltava GZK). The total cost of the project is estimated at more than $40 million, he writes inventure.com.ua.

Illustrative photo

The press service of the company noted that the premises of the closed warehouse can accommodate up to 35 tons of raw materials and are intended for the storage of excess iron ore concentrate produced at the DZF.

Ferrexpo added that in the conditions of complicated logistics caused by a full-scale invasion, this warehouse helps the company to regulate the planned volumes of production and supply of products to international customers.

According to Ihor Vedmyd, the head of the DZF of Poltava GZK, earlier, when there was an excess of produced concentrate, the management was forced to stop one of the sections of the factory, because there was nowhere to store the excess raw materials.

Read also on Newsky "Artificial intelligence has learned to look for minerals - a deposit has already been found in Zambia" and look at "Boring Pence" YouTube channels.

To always be aware of events, subscribe to TG channel Newsky. We also recommend current discussions of friends of Ukraine in North America on Rashkin Report YouTube channels.