Business news from Ukraine

Business news from Ukraine

Ukrainian Red Cross has launched mine risk education sessions for children at summer camps

The Ukrainian Red Cross (URC) has launched mine risk education sessions for children at summer camps.

“The first sessions have already taken place in the city of Samar in the Dnipropetrovsk region at a local high school, where Ukrainian Red Cross specialists, together with inspectors from the Educational Safety Service, held an interactive session for children at the summer camp,” the URC reported on Facebook on Monday.

During the session, participants learned how to identify potentially dangerous objects, studied safety protocols, practiced practical scenarios, and reinforced the golden rule: “Don’t approach, don’t touch, call 101 or 102.”

Throughout the summer, similar informational sessions will be held at summer camps and children’s centers across all regions of Ukraine.

, , ,

Reserves in new mining sections at Yuvileina and Frunze mines estimated at 85,400 tons

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.

, ,

Dnipro Metallurgical Plant reduces production costs thanks to new technologies

PJSC Dnipro Metallurgical Plant (DMZ), part of businessman Oleksandr Yaroslavsky’s DCH Steel group, has completed its transition to continuous casting, DCH Steel CEO Vitaliy Bash announced in the corporate newspaper on Thursday.

“DMZ has implemented solutions to maintain competitiveness in difficult economic conditions. The transition of rolling production to continuously cast billets, which we purchase from partners, has been completed, allowing us to reduce the cost of metal production. DMZ has expanded its scope of activities by providing laboratory research, repair, and manufacturing services for metal structures and equipment parts, which is already yielding certain economic results,” the CEO noted.

According to him, in 2025, the Sukha Balka mine continued to develop new horizons and updated its equipment fleet to improve safety and production efficiency. An important step was the construction of a solar power plant, which ensured the energy independence of the Frunze mine.

At the same time, he pointed to negative trends in the market, in particular the increase in imports of metal products to Ukraine and the growth of tariffs for state monopolies.

“Together with other metallurgical companies and industry associations, we are systematically working to solve these problems at the state level. Despite all the challenges facing the industry and the country as a whole today, our teams continue to work, plan, and build the future,” said the CEO of DCH Steel.

DMZ specializes in the production of steel, cast iron, rolled products, and products made from them, such as channels and angles, special profiles for mechanical engineering and the mining industry.

On March 1, 2018, the DCH Group signed an agreement to purchase the Dniprovsky Metallurgical Plant.

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.

, , , ,

Corum DrMZ to manufacture 16-meter-high cargo skip for DTEK mine

Corum Druzhkivka Machine Building Plant (Corum DrMZ), part of the Corum Group (DTEK Energy), plans to ship a skip with a lifting capacity of 23 tons for the DTEK Energo mine in late 2025 or early 2026, the plant announced on Facebook.

“This is not the largest skip in the history of Corum DrMZ, but it belongs to a large type series. Its height is about 16 m. The new equipment is part of the mine’s lifting complex upgrade program,” the statement said.

The skip is designed to transport coal and rock mass along the vertical shaft of the mine.

The plant also reports that by the end of this year, it plans to complete the manufacture and delivery of metal structures for energy infrastructure facilities.

“These are complex dimensional elements that must operate within a precisely defined geometry and integrate accurately into existing structures. The length of individual items reaches almost 45 m, and the total tonnage of metal exceeds 110 tons,” the company notes.

According to Korum DrMZ, it has manufactured similar metal structures before: in the spring of this year, the volume of similar work amounted to more than 97 tons.

“The current order is a one-off, but the plant is well acquainted with this type of work and has the technical expertise,” the statement said.

Korum DrMZ, which relocated from Druzhkivka (Donetsk region) to Dnipro in 2022, in January-September this year, according to YouControl, incurred losses of almost UAH 90 million, compared to a net profit of UAH 4.6 million for the same period last year and slightly lower net sales revenue of UAH 844.6 million.

In January-October, the plant manufactured 336 units of mining equipment, repaired 12 units of equipment, and produced over 821,000 parts.

Corum Group is a leading manufacturer of mining equipment in Ukraine. It is part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.

, , ,

Corum DrMZ manufactures its first support beam for mines

Corum Druzhkivka Machine-Building Plant (Corum DrMZ), part of the Corum Group (DTEK Energy), has manufactured its first support beam, which serves as a support for the mine’s lifting vessel (skip or cage) during scheduled maintenance or repair work, the plant announced on Facebook.

“This is not a serial product or a borrowed solution. The machine builders developed a new type of equipment from scratch, created the design, worked out the technical solutions, and patented them as a utility model. For the company, this is a new product and the result of its own engineering development,” the statement said.

The design is rated for significant loads — up to 60 tons in normal operation and up to 80 tons at maximum, which is important for human safety.

The plant explains that during the work, the beam will temporarily hold the skip in the cross-section of the mine shaft. Built-in hydraulic jacks will allow the vessel to be lifted above the beam structure, creating safe conditions for servicing suspended devices or ropes.

“The beam is not a permanent piece of equipment, but its use will increase safety during routine maintenance and repair work. Currently, the beam is manufactured for use in one of DTEK Energy’s mines, but the mine potentially needs three more support beams — one of the same size and two of a different design,” the company said.

Once its effectiveness has been confirmed, the solution has the potential to be rolled out to other mines.

Korum DrMZ, which relocated from Druzhkivka (Donetsk region) to Dnipro in 2022, in January-September this year, according to YouControl, incurred losses of almost UAH 90 million, compared to a net profit of UAH 4.6 million for the same period last year and slightly lower net sales revenue of UAH 844.6 million.

In January-October, the plant manufactured 336 units of mining equipment, repaired 12 units of equipment, and produced over 821,000 parts.

Corum Group is a leading manufacturer of mining equipment in Ukraine. It is part of DTEK Energy, an operating company responsible for coal mining and coal-fired power generation within Rinat Akhmetov’s DTEK energy holding.

, , ,

Sukha Balka has commissioned new ore block at Yuvileina mine

The Sukha Balka mine (Kryvyi Rih, Dnipropetrovsk region), part of Alexander Yaroslavsky’s DCH group, is commissioning a new iron ore deposit block, Golovnyi, at the Yuvileina mine.

According to a report in the DCH Steel corporate newspaper on Thursday, preparations for the new production capacity at the mine have been completed.

It is specified that in early November, a specialized commission consisting of leading specialists of the enterprise and representatives of the State Labor Service of Ukraine signed an act on the commissioning of mining block 13-17. It is located in the Golovnoy deposit at a depth of 1,420 meters, sub-level 3A.

The block’s projected reserves amount to 221,300 tons of ore with an iron content of 60.75%.

“This is a large block that we have been preparing for production for almost a year, and its reserves will be enough for six months of stable operation of the enterprise,” said Mykola Puntus, chief engineer of the Yuvileina mine.

It is also reported that at the Tsentralna mine, the drainage pond at the -1260 m and -1340 m levels has been repaired. The diameter of the new pipeline between these underground levels is 325 mm. The Tsentralna mine is part of the Yuvileina mine. A drainage pond is a hydraulic engineering structure designed to collect water and is a critical part of the mine drainage system.

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 includes the Yuvileina and Frunze mines.

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

, , , ,