Kostyantyn Zhevago
Kostyantyn Zhevago is a Ukrainian businessman and politician, founder and controlling shareholder of Ferrexpo, a mining group focused on iron ore production. He served as a member of the Ukrainian parliament from the Batkivshchyna party during 2002–2005 and 2006–2010. He has long been ranked among Ukraine's wealthiest individuals.
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Ferrexpo raises $100m in share placement led by Kernel's Verevsky
Swiss-registered iron ore group Ferrexpo placed 448,848,484 new shares at 16.5 pence each on 4 September, raising roughly $100 million. Kernel owner Andriy Verevsky contributed $50 million for a 21.4% stake, while existing largest shareholder Fevamotinico subscribed for additional shares. The funds are intended to restart Poltava and Yeristivsky mining and processing plants, which suspended production on 5 August due to security risks and port blockages.