FERREXPO
Expansion “ We ' ve been planning how we want to grow our business with a high-quality , long-life resource in Ukraine . One of the challenges we have with that resource is the amount of options , but what is the actual highest value-add path forward ?", asks North . “ We ’ ve been working on answering that and we ' ve now started executing . We ' re into the detailed design and execution of our growth programme .
We ' ve informed the market we intend to double our production over time . We can incrementally grow the business by expanding our brownfield activities . Two years ago , we started the development of our third open-pit mine , Belanovo . We ’ ve started stripping activities and are gradually expanding . We are timing this to come online when we ' ll need a more high-grade material as we expand our concentrator and pelletiser footprint ”.
44 November 2021