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Ferrexpo Yeristovo Mining 10-Year Anniversary

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On July the 14 th , 2018, Ferrexpo Yeristovo Mining celebrated its 10 th anniversary.

Being established to meet the obligations taken by Ferrexpo Group during Initial Public Offering at London Stock Exchange, Ferrexpo Yeristovo Mining has become a new open iron ore mine among CIS countries, which was constructed after Soviet Union break-down. Modern technological equipment and up-today infrastructure is what makes the company a unique one in iron ore industry.

Since the very beginning the miners have developed 152 million tons of rock at Yeristovo deposit, and have become a reliable supplier of iron ore to Ferrexpo Poltava Mining.

The Capital Construction Department completed the next stage of infrastructure construction of FYM production site. Mainly, the construction of a separate road was finished to distinguish traffic routes, such as: technological road along the repair facilities for heavy mining trucks, and a road for buses and light vehicles with a walkway. 10 modern and beautiful bus- stops were constructed for comfortable passengers drop-off, as well as two new pavilions by the canteen for employees time-off and rest.

On the occasion of the 10-year anniversary “The Walk of Fame” and “The History gallery” had a grand opening at FYM production site. The photos of the best company employees are on display at the Walk of Fame. The History Gallery presents photos and exhibits of the history of creation of the mine, including geological and palaentological collections found in Yeristovo mine.

Among the guests, who joined Ferrexpo Yeristovo Mining in celebration, were Ferrexpo Chief Executive Officer – K.Zhevago, one of the FYM founders and former Ferrexpo Poltava Mining General Director – V.Badagov, management of Poltava Regional Administration, Ferrexpo Poltava and Belanovo Mining.