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Thomson Financial Business Description:
| The Group's principal activity is mining, processing and selling iron ore in the form of pellets for use in the production of steel. The Group's operations are situated on the Kremenchug Magnetic Anomaly, a 50-kilometer long iron ore deposit in the Ukraine's Poltava region. It holds licences to explore or mine the entire deposit, with its operations situated at the southern end of the deposit, adjacent to the Dnieper River. Its major customers are VoestAlpine AG and United States Steel Corp. |
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