Mining
RU
VostGOK Secures UAH 555 Million Loan for Modernization
GMK Center·July 12, 2026 at 10:53 PM
VostGOK, a Russian iron ore producer, has secured a loan of UAH 555 million (~$14.5 million) to modernize its production. The funds are allocated for equipment upgrades and improving mining efficiency as part of the company's development strategy. The project is expected to enhance the enterprise's operational performance.