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Metinvest is doubling its investment in iron ore assets and allocating a substantial amount of funds toward developing renewable energy.

Summary by UBN

In 2025, Metinvest Group plans to invest ₴5.7B ($135M) in the development of the Kryvyi Rih mining and processing plants. Compared to 2024, the company will increase its investment in iron ore assets by over 100%. This year’s key priority is creating energy independence for its enterprises. To minimize the risks related to potential power outages, the Northern and Central Mining and Processing Plants intend to construct gas-fired power plants wi…

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Metinvest is doubling its investment in iron ore assets and allocating a substantial amount of funds toward developing renewable energy.

In 2025, Metinvest Group plans to invest ₴5.7B ($135M) in the development of the Kryvyi Rih mining and processing plants. Compared to 2024, the company will increase its investment in iron ore assets by over 100%. This year’s key priority is creating energy independence for its enterprises. To minimize the risks related to potential power outages, the Northern and Central Mining and Processing Plants intend to construct gas-fired power plants wi…

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UBN broke the news in 6 days ago on Tuesday, February 18, 2025.

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