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RR1:AU
Rights Issue and Shortfall
Metinvest to Increase Coking-Coal Output With Affinity Mine
Jul. 15, 2011 01:40PM PST
Industrial MetalsBloomberg reported that Metinvest has commissioned a new mine to increase its output of steelmaking coal.
Bloomberg reported that Metinvest has commissioned a new mine to increase its output of steelmaking coal.
The market news is quoted as saying:
Metinvest, owned by Ukraine’s richest businessman Rinat Akhmetov, also plans to boost coking coal production in Ukraine itself by 7 percent to 6.2 million tons this year, and 6.5 million tons in 2012, the company said.
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