Business news from Ukraine

Business news from Ukraine

Sukha Balka mine reduced production of commercial ore by 1.5% in 2024

18 January , 2025  

In 2024, Sukha Balka mine (Kryvyi Rih, Dnipro region), a part of Aleksandr Yaroslavsky’s DCH Group, produced 917 thousand tonnes of commercial ore, down 1.5% from 931 thousand tonnes in 2023.

As Igor Piltek, Deputy General Director and Chief Engineer of the mine, said in an interview with the DCH Steel corporate newspaper on Thursday, crude ore production in 2024 amounted to one million tons, the volume of rock mass was about 7688 cubic meters, cutting operations amounted to 4,986 thousand meters, and well drilling amounted to 92,937 thousand meters.

Plans for 2025 include the extraction of 930 thousand tons of raw ore, 850 thousand tons of commercial ore, excavation of 8000 cubic meters of rock mass, 5200 meters of cutting operations, 91,773 thousand meters of drilling.

The Chief Engineer stated that in 2024, the company allocated UAH 43 million for equipment renewal.

According to him, the mine is implementing energy efficiency projects. At the same time, at the end of last year, the construction of a 2 MW solar power plant began at the Frunze mine, which is planned to be commissioned in the second quarter of 2025.

As reported, Sukha Balka mine produced almost 931 thousand tons of commercial ore in 2023, while in 2022 it produced 1.469 million tons (down 36.5%).

DMZ specializes in the production of steel, pig iron, rolled products and products made from them. On March 1, 2018, DCH Group signed an agreement to buy Dnipro Metallurgical Plant from Evraz.

Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore using an underground method. The mine includes Yubileynaya and Frunze mines. Frunze mine.

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

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