Business news from Ukraine

Business news from Ukraine

“Sukha Balka” commissioned two new blocks with reserves of 170 thousand tons of ore

Sukha Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, commissioned two new iron ore production blocks at Yubileynaya and Frunze mines in October with total reserves of 170 thousand tons.

According to information in DCH Steel’s corporate newspaper on Thursday, at the beginning of this month, the company’s miners prepared and commissioned new production facilities.

At Frunze Mine, the company commissioned block 39-45 with reserves of 55 thousand tons of high-quality raw materials – the block was prepared by section 6, and tunneling operations were carried out using high-performance self-propelled equipment. At the beginning of October, the team of the No. 6 section started mining ore in this block.

Also in October, Yubileynaya Mine commissioned block 34-36 (+10) of the second floor of the Gnezdo deposit with reserves of 115 thousand tons. The block was prepared by the miners of the slicing section No. 19, and deep wells were drilled in this block by the miners of the section No. 9. Production will be carried out by the employees of the No. 17 section.

“The commissioning of these blocks will ensure the stable operation of the mines over the next three months,” the company said in a statement.

It was specified that 9 blocks were put into operation at the mine this year: six at Yubileynaya mine with total reserves of 880 thousand tons and three blocks with reserves of 140 thousand tons at Frunze mine.

Sukha Balka mine is one of the leading mining companies in Ukraine. It produces iron ore by underground mining. It includes Yubileynaya and Frunze mines. DCH Group acquired the mine from Evraz Group in May 2017.

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Sukhaya Balka mine reduced output of commercial ore by 36.5%

Sukhaya Balka mine (Krivoy Rog, Dnepropetrovsk region), which is part of DCH Group of Oleksandr Iaroslavskyi, produced almost 931 thousand tons of commercial ore by the end of 2023, said Vitaly Bash, General Director of DCH Steel of DCH Group, in his address to employees on the eve of the New Year, published in the corporate newspaper of DCH Steel on Thursday.

According to him, for the second year in a row there is a full-scale war in the country, and the company has to overcome wartime difficulties. For example, almost 1,000 employees of the group’s companies are now at the front, so the workforce is under constant strain.

“But despite the numerous crises – energy crisis, water shortage, lack of qualified personnel – DMZ and the Sukhaya Balka mine continue to work. At the mine, 2023 can be called the year of the most frugal use of resources: at the industrial sites we restored the equipment, continued the implementation of the program to modernize the equipment,” – stated the General Director.

At the same time, he reminded that in April the fleet of technological transport was replenished with four new loading and delivery machines with bucket size of 1 cubic meter and 0.6 cubic meter. Renewal of mine skips of the Yubileynaya mine is next in line.

“In September we resumed mining at the mine named after Frunze. Frunze, which was suspended due to constant shelling of the energy infrastructure in November 2022. The coordinated work of employees of all mine divisions contributed to the production of almost 931 thousand tons of commercial ore in 2023,” the CEO said.

The head of the company also said that production activities at DMZ have intensified: starting from spring, production at the coke and chemical site has increased. Rolling shops have been conducting campaigns for the whole year for the production of mine stand, mine rails, channels and angles from toll billets. Much attention was paid to repairs, which were mainly performed by our own forces. Also, the repair departments have successfully mastered the manufacture of parts and some spare parts for the DMZ and colleagues.

“I look forward to an improvement in the situation in the country and the mining and metallurgical industry so that the enterprises can work at full (utilization – IF-U),” Bash said.

In the company to the agency “Interfax-Ukraine” specified the volume of ore production by the mine “Sukhaya Balka” in 2022, as earlier this figure was not made public – 1.469 million tons.

DMZ specializes in the production of steel, pig iron, rolled steel and products from them. On March 1, 2018, DCH Group signed an agreement to purchase Dniprovsky Steel Works from Evraz.

Sukhaya Balka mine is one of the leading mining companies in Ukraine. It extracts iron ore by underground mining. The mine includes the Yubileynaya and Frunze mines. Frunze.

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

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Sukha Balka mine starts mining high-grade ore in new block

Sukha Balka mine (Kryvyi Rih, Dnipro region), part of Aleksandr Yaroslavsky’s DCH Group, has started mining block 116-122 at the Yubileynaya mine at the minus 1420 m horizon.

According to the DCH Steel corporate newspaper, preparatory work took six months. Production is scheduled for seven months.

It is specified that the new block 116-122 from the Gnezdo deposit of the fifth floor at the minus 1420 m horizon was commissioned on July 5. The new production capacity has 277.5 thousand tons of reserves.

“When we started cutting the block, many miners were mobilized. Therefore, we had to find a labor reserve, given the complications of the energy crisis,” explained Nikolay Puntus, chief engineer of the mine, as quoted by the publication.

The average iron content in the massif is 56.83%.

“We will get rich ore over the next four months, then the percentage of iron will be lower,” Puntus said.

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.

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Mining enterprises of Ukraine in January-October significantly reduced the export of iron ore

Mining enterprises of Ukraine in January-October of this year reduced the export of iron ore raw materials (IORM) in kind by 38.9% compared to the same period last year – up to 22 million 436.474 thousand tons.

According to statistics released by the State Customs Service (STS), over the specified period, foreign exchange earnings from the export of iron ore decreased by 56.2% – to $2 billion 768.743 million.

During the specified period, IORM was imported to Ukraine for $42 thousand in a total volume of 74 tons, while in January-October 2021 – for $160 thousand in a total volume of 1.175 thousand tons.

As reported, Ukraine in 2021 reduced the export of iron ore raw materials (IORM) in physical terms by 4.2% compared to 2020 – up to 44 million 357.727 thousand tons, but increased revenue by 62.8% – up to $6 billion 899.816 million The export of iron ore was carried out mainly to China (41.90% of supplies in monetary terms), the Czech Republic (9.65%) and Poland (7.99%).

Last year, IORM was imported to Ukraine for $184 thousand in a total volume of 1.202 thousand tons, while in 2020 123 tons of iron ore for $75 thousand were imported. Imports for 2021 were carried out from Egypt (55.98%), the Netherlands ( 21.2%) and Poland (7.07%).

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UKRAINE REDUCES IMPORTS OF MANGANESE ORES BY MORE THAN HALF IN 2020

Ukraine, in January-October this year, reduced imports of manganese ore and concentrate in physical terms by 53.1% compared to the same period last year – to 481.409 tonnes.
According to statistics released by the State Customs Service, imports of manganese ore and concentrate decreased by 64.5% over the period – to $65.085 million in monetary terms.
At the same time, the main imports were carried out from Ghana (86.79% of supplies in monetary terms), the Russian Federation (9.72%) and South Africa (3.39%).
In January-October 2020, Ukraine exported 47,342 tonnes of manganese ore and concentrate for $7.152 million, while in the same period last year – 27.026 tonnes for $2.587 million. Exports and re-exports were carried out to the United States (81.89% of supplies), the Czech Republic (15.51%) and Hungary (1.76%).

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UKRAINE INCREASES EXPORTS OF TITANIUM ORE BY 12% IN JAN

Ukraine in January 2020 increased exports of titanium containing ore and concentrate in kind by 12.2% compared to 2018, to 52,400 tonnes.
According to customs statistics released by the State Fiscal Service, over the period exports of titanium ore and concentrate in monetary terms decreased by 8.6%, to $12.586 million.
Major exports were made to Mexico (23.84% of deliveries in monetary terms), Russia (18.01%) and Egypt (13.79%).
Ukraine in January 2020 imported 78 tonnes of similar products worth $55,000 from Senegal (805 tonnes for $163,000 in January 2019).
Vilnohirsk state mining and metallurgical combine (Dnipropetrovsk region), Irshansk state mining and processing combine (Zhytomyr region), Valki-Ilmenite and Mezhdurechensk Mining and Concentration Complexes (both are located in Irshansk, Zhytomyr region) are the main producers of titanium ore in Ukraine.
Dnipro-based Velta production and commercial firm built a mining and processing complex at the Birzulivske ilmenite deposit, which has a 240,000-tonne ilmenite concentrate capacity per year.
Holding company Velta Group Global Ltd. was registered in London in November 2011.

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