Business news from Ukraine

Business news from Ukraine

Sukha Balka is building solar power plant for Frunze mine

Sukha Balka Mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, has launched a project to build a solar power plant at Frunze Mine.

As reported in DCH Steel’s corporate newspaper on Thursday, due to a constant shortage of generating capacity and restrictions on electricity consumption, the mine’s management decided to build its own power generation facilities.

“In June of this year, we plan to commission a power plant that will use an alternative source and provide electricity to Frunze mine. The power plant will have a capacity of 2 MW. While the design of the plant and the purchase of equipment are underway, construction has already begun at the mine,” said Igor Piltek, Deputy General Director and Chief Engineer of the mine.

According to him, a site for the installation of solar panels measuring about two hectares has already been prepared, and the surface has been planned. To build the power plant, it is necessary to install 2,740 solar panels.

The solar power plant will operate autonomously. According to forecasts, the equipment should pay for itself in four years.
Earlier, the Chief Engineer reported that energy-efficient projects are being implemented at the mine, in particular, the construction of a 2 MW solar power plant has begun, which is scheduled to be commissioned in the second quarter of 2025.

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

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Sukha Balka Mine at Frunze Mine has commissioned new block

Sukhaya Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, has commissioned a new block with 45,000 tonnes of iron ore reserves at Frunze mine.

According to a report in DCH Steel’s corporate newspaper on Thursday, the new production unit involved modern self-propelled equipment such as drilling rigs and a loader. The use of the equipment in the production process will help reduce costs and increase efficiency.

It is specified that the block is located at the minus 1200 m horizon of the Druzhba deposit. Its reserves amount to 45 thousand tons of raw materials with a high iron content of 62.9%. Blocks 51-57 are being developed using self-propelled equipment.

The miners plan to develop the industrial unit by the end of the year.

As reported, the deposit at Frunze mine was developed by open pit mining. Frunze has been mined by open pit since 1885. The mine was built in 1962. The design ore quality is 61.88% iron content.

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.

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

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