The future of critical raw materials in Ukraine and the world

Before the full-scale invasion, Ukraine's mining and metal complex contributed approximately 10% of its gross domestic product and 33% of its exports. Despite ongoing hostilities, the mining sector remains attractive to investors, offering auctions for mineral extraction rights. The country's vast, untapped resources, including …

Ukraine risks losing vast mineral resources to …

During the 2014 Russian invasion, in which Ukraine lost roughly 7 percent of its land mass, critical Western investment in the energy and mining sector was scared away. The current war has had the ...

Ukraine: share of GDP by sector 2021

Ukraine's wholesale and retail trade sector, together with motor vehicle and motorcycle repair, accounted for nearly 14 percent of the country's gross domestic product (GDP) in 2021.

Demining Ukraine: Bringing lifesaving expertise …

Alexander Lobov, a military engineer and mine action expert with the UN Development Programme (UNDP), has worked in hotspots from Afghanistan to Somalia, but never imagined using this experience …

Bad old days of corruption in Ukraine's mining sector could …

Mine No.9 workers bake pies for Ukrainian soldiers in their canteen and sent the equivalent of £44,500 to the army – a month's salary for all of the mine's workers.

Five key trends in the development of Ukraine's mining …

Last year, mining companies paid UAH 2.3 billion for the right to develop mineral deposits! What trends have become key for the development of Ukraine's extractive industry in 2023? Updating legislation

The future of critical raw materials in Ukraine and the world

Before the full-scale invasion, Ukraine's mining and metal complex contributed approximately 10% of its gross domestic product and 33% of its exports. Despite …

An environmental disaster looms in war-torn Ukraine

TORETSK, Ukraine — A rusty winch slowly raises the elevator nearly 4,000 feet from the depths of the Tsentralna coal mine in Toretsk, a city of 67,000 people in the Donbas, an industrial region ...

INSIGHTS: Russia's war in Ukraine: implications for metals & mining

The US and other Western governments have placed sanctions against Alrosa, which is the largest diamond mining company in the world, responsible for ca. 90% of Russia's diamond mining capacity. However, Russian rough diamonds continue to find their way to the market, for example via India or Dubai, since their origin can be …

History and Current State of Mining in the Kryvyi Rih Iron …

In 2021 one of the world's largest iron ore deposit in Kryvyi Rih (Ukraine) celebrates 140 years of its exploitation history. During the whole period of its existence the deposit has played and continues to play an important role in the development of Ukraine's economy, being the main basis of its iron and steel industry. More than 6 billion tons of …

Emerging Markets Offering Opportunity for Major and …

Ukraine's mining sector currently employs more than 194,000 people and is therefore an important sector of the economy for the government to focus on and grow primarily through foreign investment.

Supply of Critical Minerals Amid the Russia-Ukraine War and …

This commentary highlights Russia's market share in key metals and the mining sector, in particular critical minerals, to provide policy makers and industry leaders with a general sense of the concentration of such materials and the limited options for securing them elsewhere, should they consider broadening sanctions in that direction ...

Ukraine: mining and quarrying business revenue 2021

State Statistics Service of Ukraine, Annual revenue of business entities in the mining and quarrying industry in Ukraine from 2010 to 2021 (in billion Ukrainian hryvnia) Statista, https://

2017 2018 Minerals Yearbook

(about $99.0 billion). Mining and quarrying constituted 323.5 billion hryvnias (about $12.2 billion), or 13.0%. Within the mining and quarrying sector, mining of metal ores accounted for 40.7%; extraction of crude petroleum and natural gas, 34.3%; mining of hard coal and lignite, 17.2%; and quarrying of stone, sand, and clay, 5.7%.

Ukraine: number of mining and quarrying businesses …

The number of business entities in the mining and quarrying industry in Ukraine fluctuated during the period from 2010 to 2021. The highest amount of enterprises in this sector was registered in ...

Ukraine's Coal Industry in Crisis

Corruption is endemic throughout the industry, while coal mining communities live in poverty, with crumbling infrastructure and no attempts at redevelopment or economic diversification. ... Germany, which has repeatedly advocated the transformation of the Ukrainian coal mining sector, has offered expertise and financial backing to do …

Coal Dust and Methane Below, Russian Bombs …

Accidents are common in Ukraine's aging coal mines. Methane gas, a byproduct of coal mining, is highly explosive. In 2007, a methane blast killed more than 100 miners, the deadliest mining ...

Ukrainian Mining Dips: Iron Ore Exports & Steel Sector Trends

Synopsis:Ukraine faced a 26% reduction in iron ore exports, totaling 17.753 million metric tons in 2023. Foreign earnings plummeted by 39.3%, amounting to $1.76

Ukrainian Mining Sector: Forecasts to 2015

The Ukrainian mining industry is estimated to be worth more than US$5.0 billion, with a total mineral production volume of more than 170 million tons. This is …

How Russia's war with Ukraine is changing the metals and mining …

Our latest Russia/Ukraine weekly briefing focuses on the implications for Russia's mined commodity exports, including thermal and metallurgical coal, steel, iron ore, aluminium, copper and nickel. ... Access reliable research and analysis within and across the metals and mining industry to make strategic, operational and investment decisions ...

Russian-Ukrainian War Hits the Mining Sector

The BMO Metals and Mining report highlighted that there will be a long-term impact on the mining and energy sector due to the Ukraine-Russia war. Europe is expected to continue to rely on fussiel fuels to achieve greater energy independence from Russia, which will slow down the region's green energy revolution. ...

Developing Ukraine's critical minerals key to defense, …

There is a direct connection between Ukraine winning the war against Russia and building its own economy through mining. Assisting Ukraine in developing …

Ukraine

Ukraine's extractive sector is mainly governed by the Subsoil Code, the Mining Law of Ukraine, ... In most cases, mining companies apply for special subsoil use permits (licenses), which are awarded through auction by the State Service of Geology and Mineral Resources. In 2020, licenses were sold at the electronic auctions on the basis of ...

Natural gas, rare earth minerals: What's at stake for Ukraine …

Natural gas, rare earth minerals: What's at stake for ...

How war has devastated Ukraine's coal industry | CNN

Ukraine was once Europe's third-largest coal producer. But production has dropped dramatically since 2014, when fighting broke out with pro-Russian separatists in the eastern Donbas region.

Critical minerals: Russia-Ukraine war puts energy transition …

The Russia-Ukraine War has disrupted mining plans in these countries. Credit: Evgeny_V via Shutterstock Russia's invasion and continued occupation of Ukraine could disrupt efforts to transition the world to a low-carbon economy due to the significance of both countries in terms of critical minerals, suggests new analysis from Energy …

One year on: the Russian invasion in mining

How as the global mining industry been affected by the Russian invasion of Ukraine? JP Casey looks at the future of the sector.

The launch of the gold mining industry in Ukraine: an …

Ukrainian Mining Sector: Forecasts to 2015

The Ukrainian mining industry is estimated to be worth more than US$5.0 billion, with a total mineral production volume of more than 170 million tons. This is estimated to grow to in excess of 200 million tons by 2015, largely due to increased coal production. Go deeper with GlobalData.

Mining Indaba: Russia-Ukraine war triggers policy shifts, …

Russia's war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba conference heard this week.

Ukrainian Armed Forces destroy Russian remote control mining …

Ukrainian troops in the Pokrovsk sector destroyed a Russian engineering system of remote mining, according to the Khortytsia operational and strategic grouping of troops. A unit of the control and ...

Ukraine Crisis

Ukraine and Russia's brain drain continues as record numbers of academics flee conflict ... Give your business an edge with our leading industry insights. Sign up. News. ... Mining news and in-depth feature articles on the latest mining company deals and projects covering trends in mineral exploration with up to date data on the most mined ...

Developing Ukraine's critical minerals key to defense, …

The company is pushing for international investment in the country's mining sector from countries that have supported its war effort. ... Investment management entity BGV Group Management has poured more than $100 million into Ukrainian mining projects since its founding in 2015 by businessman Gennadii Butkevych to help Ukraine …

How Ukraine's war-torn steel industry has transformed …

How Ukraine's war-torn steel industry has transformed since Russia's invasion, with closer ties to EU This week marks two years since Russia invaded Ukraine on February 24, 2022, but despite the resulting threats and challenges thrown up by the war, the Ukrainian steelmaking sector has managed to adapt.

Mining & metals companies generate every eighth hryvnia of Ukraine…

Mining & metals companies are large taxpayers. The implementation of budget programs at both local and national levels depends on their operation. The share of the mining & metals sector in the income tax revenues is around 12%. Nineteen steelmaking companies are among the top 100 taxpayers in Ukraine. For more details …

Гірничодобувна промисловість

Металічні корисні копалини . 7 місце у світі за видобутком заліза: 39 млн тонн, що складає 2,4% від світового видобутку (після Австралії, Китаю, Бразилії, Індії, Росії та Південної Африки); 8 місце у світі за видобутком ...