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President orders special team to submit plan for iron ore deposit
Journal Staff Report

KIEV, Nov. 1 - President Viktor Yushchenko on Thursday ordered the creation of a special team to submit a plan within 10 days for attracting investors to launch a major iron ore deposit, officials said.

The deposit, known as Kryviy Rih Oxidized Ore Mining Plant (KROOMP), is pursued by Arcelor Mittal, the worlds largest steelmaker, but also by a rival Russian-Ukrainian consortium.




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