Business news from Ukraine

Business news from Ukraine

Sukha Balka launches new unit at Yubileynaya mine

14 February , 2025  

Sukha Balka Mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, has prepared a new production unit at Yubileynaya mine that will ensure that the company meets its targets over the next five months.

As Yubileynaya’s chief engineer Nikolay Puntus told DCH Steel’s corporate newspaper on Thursday, the unit 28-34 is located on the fifth floor of the Main seam at the minus 1420m horizon.

“There are not enough people, but the task was completed on schedule,” stated Puntus.
In addition, it is noted that representatives of the State Labor Service of Ukraine monitored the preparation of the block for operation, compliance with the requirements of laws and regulations on labor protection and subsoil legislation.

The block’s reserves amount to 135 thousand tons of crude ore with an iron content of 58.4%. Mining operations have already begun.
As reported, Sukha Balka mine produced 917 thousand tons of commercial ore in 2024, down 1.5% from 931 thousand tons in 2023. Plans for 2025 include the production of 850 thousand tons of commercial ore.

In 2023, Sukha Balka mine produced almost 931 thousand tons of commercial ore, compared to 1.469 million tons in 2022 (down 36.5%).
Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore by underground mining. The mine includes Yubileynaya and Frunze mines. Frunze mine.

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