Introduction: Overview of the global iron ore industry
The Poltava mine, operated by Ferrexpo in the Kremenchuk region, is one of the country's largest operations, extracting and processing about 28 Mt/a of run-of-mine (ROM) iron ore. Ferrexpo produced more than 10.5 Mt of iron ore pellets in 2019, that is, about 28% of the country's total exports ( Ferrexpo, 2020 ).