Yeristovoe Iron Mine

This mine was located close to an existing operation running for 40 years, the plan was to set up a first operation in “Western Standard” in Ukraine. Production started mid 2008 and stopped due to the Global Financial Crisis.

KEY FIGURES 

 

  • 40 million tons per years of overburden, sand 70m deep
  • 60 million tons per years of rock, included 25 million tons of ore
  • 7M USD TO Contract

SCOPE OF WORKS 

 

  • Service agreement for the preliminary involvement:
    • Design
    • Choice of the equipment
    • Costing of the entire LOM
  • Alliance agreement for the production phase:
    • Operating mining work
    • Maintenance of equipment

EQUIPMENT

 

  • 15 trucks 789 Caterpillar
  • 5 draglines

Location

Ukraine, Europe

Duration

2007 – 2009

client

Ferrexpo