October 14, 2008

UMMC in talks with Danieli for designing of Kryvy Rih iron ore complex

Interfax reported that Kiev based Ukrainian Mining and Metallurgic Company, as a part of designing a technological concept for Kryvy Rih Mining and Beneficiation Plant of Oxidized Ores at Dolynske in Kirivohrad region, has held talks with representatives of Italy’s Danieli and Danieli Corus on designing the concept for production of iron ore pellets.

Mr Dmytro Tarasov GD of Ukrainian Mining and Metallurgic Company told Interfax Ukraine that “We are working for the future. Simultaneously with the creation of a joint Russian Ukrainian JV to complete the building of the plant, we determine strategic directions for development of the plant’s technology, as legal issues on the creation of JV and production and technical tasks should be settled at once in order to loose time.”