The Sukha Balka mine (Kryvyi Rih, Dnipropetrovsk Oblast), part of Alexander Yaroslavsky’s DCH Group, has commissioned two new iron ore mining sections, which are scheduled to be developed throughout the spring.
According to information in the DCH Steel corporate newsletter on Thursday, for each production unit, the company’s specialists take into account the specific characteristics of the ore deposit and the mining-geological conditions. After analyzing the data, they apply technological solutions that ensure the most efficient extraction possible.
It is noted that on March 13, at the Yuvileina Mine, block 110-116 in the “Glavny” deposit was put into production on the seventh sub-level of the “minus” 1,420 m horizon. Given the characteristics of the ore body, the classic mining method using scraper winches was employed here. The block’s reserves are estimated at 37,200 tons, with an average iron content of 59.25%. The block’s reserves are expected to last for two months of operation.
In addition, it is reported that at the Frunze Mine, technological processes—from preparation to loading—are carried out using self-propelled machines. On March 19, Block 51-57 was commissioned here, located in the “Druzhba” deposit at a depth of “minus” 1,227 m. The block’s reserves amount to 48,200 tons of high-quality raw material (62.83%), which will be sufficient for three months of stable operation.
“A differentiated approach to technology selection—from the scraper method to the use of self-propelled equipment—allows for flexible operation in various mining conditions and maintains stable raw material quality,” the corporate publication notes.
Since the beginning of 2026, four new production units with a total reserve of 258,900 tons have been put into operation at the Sukha Balka mine. In particular, in March, Block 67-71 was commissioned at the Yuvileina Mine on the seventh sub-level of the “Shurfa” deposit at the “minus” 1,420 m level.
The Sukha Balka Mine is one of the leading enterprises in the mining industry in Ukraine. It extracts iron ore using underground mining methods. The mine complex includes the Yuvileina and Frunze mines.
In May 2017, the DCH Group acquired the mine from the Evraz Group.
The Sukha Balka mine (Kryvyi Rih, Dnipropetrovsk region), part of Alexander Yaroslavsky’s DCH group, has prepared a new block of the Golovnyi iron ore deposit at the Yuvileina mine with reserves of 126,000 tons.
“Miners at the Yubileinaya mine have prepared a new block 30-34 for extraction, located at a depth of 1,420 meters on the first sublevel of the Golovnoy deposit. The block’s reserves amount to 126,000 tons of high-quality raw materials with an iron content of 58.75%,” the DCH Steel corporate newspaper reported on Thursday.
In addition, it is reported that the Sukha Balka mine and the Dniprovsky Metallurgical Plant (DMZ) paid almost UAH 650 million in taxes and fees to budgets of all levels in 2025. The mine transferred UAH 359.1 million to the consolidated budget. The largest share in the structure of payments was rent for the use of subsoil for the extraction of minerals – UAH 157.3 million. In addition, UAH 78.2 million was paid in single social contribution (SSC), UAH 69.1 million in personal income tax, UAH 20.5 million in land rent, and UAH 19.2 million in military tax, etc.
In 2025, DMZ contributed UAH 290.5 million to the state and local budgets. In particular, it paid UAH 103.5 million in land rent, UAH 68.1 million in SSC, UAH 64.5 million in personal income tax, UAH 30 million in value added tax, and UAH 17.9 million in military tax.
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.
In January-May this year, Ukrainian mining companies reduced exports of iron ore in physical terms by 12.8% year-on-year to 13 million 545,967 thousand tons from 15 million 542,428 thousand tons.
According to the statistics released by the State Customs Service on Friday, during this period, foreign exchange earnings from the export of iron ore decreased by 21.5% to $1 billion 73.888 million from $1 billion 367.161 million.
Exports of iron ore were carried out mainly to China (44.98% of supplies in monetary terms), Slovakia (17.17%) and Poland (16.65%).
In addition, in January-May 2025, Ukraine imported iron ore worth $46 thousand in the amount of 65 tons from the Netherlands (46.67%), Norway (28.89%) and Italy (24.44%), while in the same period last year it imported 303 tons worth $121 thousand.
As reported, in 2024, Ukraine increased exports of iron ore by 89.8% compared to 2023 – up to 33 million 699.722 thousand tons, while foreign exchange earnings increased by 58.7% to UAH 2 billion 803.223 million.
In 2024, Ukraine imported iron ore worth $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand.
In 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons. Foreign exchange earnings amounted to $1 billion 766.906 million (down 39.3%). The company imported iron ore for $135 thousand, totaling 250 tons.
In January-March this year, Ukrainian mining companies reduced exports of iron ore by 5.7% in physical terms compared to the same period last year, to 8 million 492.479 thousand tons.
According to the statistics released by the State Customs Service on Tuesday, foreign exchange earnings from iron ore exports decreased by 20.3% to $687.788 million during this period.
Exports of iron ore were carried out mainly to China (46.46% of supplies in monetary terms), Poland (16.05%) and Slovakia (16.14%).
In January-March 2025, Ukraine imported iron ore worth $24 thousand in the amount of 43 tons from Norway (54.17%) and Italy (45.83%), while in the same period last year it imported 245 tons worth $67 thousand.
As reported, in 2024, Ukraine increased its exports of iron ore by 89.8% compared to 2023 – up to 33 million 699.722 thousand tons, while foreign exchange earnings increased by 58.7% to UAH 2 billion 803.223 million.
In 2024, Ukraine imported iron ore for $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand.
In 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). In 2023, Ukraine imported iron ore worth $135 thousand in a total volume of 250 tons.
In January-February of this year, Ukrainian mining companies reduced exports of iron ore in physical terms by 1.2% compared to the same period last year, to 5 million 595.706 thousand tons.
According to the statistics released by the State Customs Service on Tuesday, foreign exchange earnings from iron ore exports decreased by 18.7% to $449.388 million during this period.
Exports of iron ore were carried out mainly to China (46.50% of supplies in monetary terms), Poland (17.35%) and Slovakia (14.31%).
In January-February 2025, Ukraine imported iron ore worth $1 thousand in the amount of 5 tons from Italy.
As reported, in 2024, Ukraine increased its exports of iron ore by 89.8% compared to 2023 – up to 33 million 699.722 thousand tons, while foreign exchange earnings increased by 58.7% to UAH 2 billion 803.223 million.
In 2024, Ukraine imported iron ore for $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand.
In 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million (down 39.3%). In 2023, Ukraine imported iron ore worth $135 thousand in a total volume of 250 tons.
In January-February of this year, Ukrainian mining companies reduced exports of iron ore in physical terms by 1.2% compared to the same period last year, to 5 million 595.706 thousand tons.
According to the statistics released by the State Customs Service on Tuesday, foreign exchange earnings from iron ore exports decreased by 18.7% to $449.388 million during this period.
Exports of iron ore were carried out mainly to China (46.50% of supplies in monetary terms), Poland (17.35%) and Slovakia (14.31%).
In January-February 2025, Ukraine imported iron ore worth $1 thousand in the amount of 5 tons from Italy.
As reported, in 2024, Ukraine increased its exports of iron ore by 89.8% compared to 2023 – up to 33 million 699.722 thousand tons, while foreign exchange earnings increased by 58.7% to UAH 2 billion 803.223 million.
In 2024, Ukraine imported iron ore for $414 thousand in a total volume of 2,042 thousand tons, while in 2023, 250 tons of this raw material were imported for $135 thousand.
In 2023, Ukraine decreased exports of iron ore in physical terms by 26% compared to 2022 – to 17 million 753.165 thousand tons, foreign exchange earnings from iron ore exports amounted to $1 billion 766.906 million
(down 39.3%). In 2023, Ukraine imported iron ore worth $135 thousand in a total volume of 250 tons.
