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of 1Q. We forecast DTEK Energy will slightly increase its coal mining in 2H21 and reach total production of about 17.5mmt in 2021, which would be 7% less y/y and slightly below the level of its self-sufficiency.
Cargill Metals has agreed to invest US$75mn in a Canadian major iron mining project in Kriviy Rih. In the deal Cargill, a major international iron ore trader, has agreed to take 4mn tons of iron ore from the Shymanivske mine, reports Black Iron Inc. “We are very pleased to help finance Black Iron’s Shymanivske Project,” Lee Kirk, managing director of Cargill Metals, said, noting environmental benefits. Black Iron’s CEO Matt Simpson released a statement saying: “Black Iron’s planned 68% iron content magnetite pellet feed is in the top 4% of global production by iron content and is anticipated to reduce emissions generated in the production of steel by an estimated 30%.”
75 UKRAINE Country Report XXXX 2018 www.intellinews.com