Poltava GOK To Open New Pit In 2006
11 August 2008
The new deposit has reserves of 822.3 mln mt with an iron content of 26.9% to 33.7% and the company says extraction costs will be cheaper. Concorde Capital: As described in our June 16 report, the new pit will enable PGOK to increase its pelletizing capacity utilization, which is currently loaded at 83%.
