Business news from Ukraine

Business news from Ukraine

Sukha Balka mine has begun developing new horizon with reserves of 49,000 tons of ore

23 October , 2025  

The Sukha Balka mine (Kryvyi Rih, Dnipropetrovsk region), part of Alexander Yaroslavsky’s DCH group, has started work on a new horizon of the Druzhba iron ore deposit at the Frunze mine.

According to a report in the DCH Steel corporate newspaper on Thursday, work on the block began on October 16.

It is specified that block 45-51 is located in the sub-levels of horizons -1210m and -1227m of the Druzhba deposit. It is noted that this is the first block of the new horizon to be developed using modern technology.

The block’s reserves amount to about 49,000 tons of high-quality raw materials. The average iron content is 61.22%.

It is expected that the block’s reserves will be sufficient for three months of stable operation.

The Sukha Balka mine is one of the leading enterprises in the mining industry in Ukraine. It extracts iron ore using underground methods. The mine includes the Yuvileina and Frunze mines.

The DCH Group acquired the mine from the Evraz Group in May 2017.

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