Tuesday, July 27, 2021

Canada’s largest investment in Ukraine, the US$1 billion Black Iron mining and processing plant in Kriviy Rih,

is being held up by delays at Ukraine’s Defense Ministry, Matt Simpson, CEO of the Toronto-based mining company, tells RBC-Ukraine. If the Defense Ministry completes a binding agreement on transfer of the main land plot, construction could start early next year.

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“This slow decision making to secure key land rights worries both our investors and us,”

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