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Severstal is investing to increase production at its Yakovlevsky underground iron ore mine in Russia from 1 Mt/y to 5 Mt/y by 2023. In 2018, it purchased over 30 pieces of equipment including LHDs and multipurpose trucks.
“Severstal was making massive investments to increase production by five times at its Yakovlevsky DSO iron ore mine”im-mining.com
Summarized from public sources; check the original articles before acting on it.