MineralMininginUkraine

Monday, May 19

A Ukrainian rare earth element deposit with confirmed reserves needs around $300M for development.

A Ukrainian rare earth element deposit with confirmed reserves needs around $300M for development. Researchers from the Institute of Economics and Forecasting at the National Academy of Sciences of Ukraine indicate that while the country possesses certain reserves of rare earth elements (REE), most...

Tuesday, April 22

Ukraine and the US are nearing the completion of a mineral deal.

Ukraine and the US are nearing the completion of a mineral deal. On April 17, the two parties signed a memorandum affirming their intention to finalize an agreement that will benefit both nations and establish the Investment Fund for the Reconstruction of Ukraine. ...

Thursday, April 3

The value of Ukraine’s mineral resources could reach $15T.

The value of Ukraine’s mineral resources could reach $15T. According to Ksenia Orinchak, the executive director of the National Association of Mining Industries of Ukraine, this figure is approximate and depends on various factors, including global mineral pr...

Wednesday, March 12

The largest steel mill in Ukraine is seeking European partners for mining in the Dnipropetrovsk region.

The largest steel mill in Ukraine is seeking European partners for mining in the Dnipropetrovsk region. Mauro Longobardo, the CEO of ArcelorMittal Kryvyi Rih, the largest steel mill in Ukraine, stated during the On the Road to URC 2025 event in Milan, “We urge potential Italian and other European...

Thursday, February 16

The Ukrainian government identified 26 areas of strategic subsoil use for investors.

The Ukrainian government identified 26 areas of strategic subsoil use for investors. The Cabinet of Ministers approved a list of 26 strategic mineral deposits, which will be made available for mining through tenders for production-sharing agreements. The list of subsoil areas contains...

Thursday, February 18

Metinvest, Ukraine’s largest private company, plans to increase its capital expenditures this year by about 25% yoy, to $800-850 million,

Metinvest, Ukraine’s largest private company, plans to increase its capital expenditures this year by about 25% yoy, to $800-850 million, Metinvest, Ukraine’s largest private company, plans to increase its capital expenditures this year by about 25% yoy, to $800-850 million, Oleksandr Lyubarev, corporate finance and treasury director, s...

Dragon Capital writes:

Dragon Capital writes: Dragon Capital writes: “Metinvest’s 2020 results were expectedly strong thanks to a surge in iron ore and steel prices in 2H20…During the call, management sounded optimistic about the prospects for 20...

With China accounting for 80% of rare-earth imports into the U.S., Ukraine could benefit from Washington’s growing nervousness about supplies,

With China accounting for 80% of rare-earth imports into the U.S., Ukraine could benefit from Washington’s growing nervousness about supplies, With China accounting for 80% of rare-earth imports into the U.S., Ukraine could benefit from Washington’s growing nervousness about supplies, mining experts say. Rare earths are essential for product...

Mining World.com argues

Mining World.com argues Mining World.com argues that Ukrainian miners focus on the easy pickings: vast deposits of high quality iron ore. “Ukraine is developing its raw material potential one-sidedly,” reports the website. “...

“Ukraine harbors significant reserves of non-ferrous and rare-earth

“Ukraine harbors significant reserves of non-ferrous and rare-earth “Ukraine harbors significant reserves of non-ferrous and rare-earth metals including unique deposits of beryllium, zirconium, tantalum, and a complex of phosphoric rare-earth and rare-metal ores,” rep...

“Deposits of less-common metals and rare-earth group are of special value,”

“Deposits of less-common metals and rare-earth group are of special value,” “Deposits of less-common metals and rare-earth group are of special value,” reads the World Data Center’s National Atlas of Ukraine. “Geologists have [mapped the] Perha deposit of beryllium in Zhytomy...

A Japan-Ukraine free trade pact and cooperation between the Japan Space Agency and Dnipro’s Pivdenne Design Bureau are on the horizon for the 2020s

A Japan-Ukraine free trade pact and cooperation between the Japan Space Agency and Dnipro’s Pivdenne Design Bureau are on the horizon for the 2020s A Japan-Ukraine free trade pact and cooperation between the Japan Space Agency and Dnipro’s Pivdenne Design Bureau are on the horizon for the 2020s, Serhiy Korsunsky, Ukraine’s Ambassador to Japan sai...

Canada and Ukraine plan to start talks this year to expand the 2017 Canada-Ukraine Free Trade Agreement to cover services and investments,

Canada and Ukraine plan to start talks this year to expand the 2017 Canada-Ukraine Free Trade Agreement to cover services and investments, Canada and Ukraine plan to start talks this year to expand the 2017 Canada-Ukraine Free Trade Agreement to cover services and investments, Ukraine’s Foreign Ministry reports. On Tuesday, Marc Garneau,...

The Biden Administration “is reviewing US policy” toward Nord Stream 2

The Biden Administration “is reviewing US policy” toward Nord Stream 2 The Biden Administration “is reviewing US policy” toward Nord Stream 2, while letting a deadline for more sanctions to pass on Tuesday, The Wall Street Journal reported yesterday from Washington. With...

Timothy Ash writes of compromise solutions aired in the last two days:

Timothy Ash writes of compromise solutions aired in the last two days: Timothy Ash writes of compromise solutions aired in the last two days: “These are not solutions but rather “sell outs” when viewed from Ukrainian perspective, which would bring the pipeline on stream....

With train passenger rider volumes at half the levels of one year ago, Ukrzaliznytsia plans to lay off 30,000 workers, about 11% of the 260,000 total

With train passenger rider volumes at half the levels of one year ago, Ukrzaliznytsia plans to lay off 30,000 workers, about 11% of the 260,000 total With train passenger rider volumes at half the levels of one year ago, Ukrzaliznytsia plans to lay off 30,000 workers, about 11% of the 260,000 total, Vadim Bubnyak, chairman of the Trade Union of Rai...

Aiming to introduce Wi-Fi Internet on all intercity trains

Aiming to introduce Wi-Fi Internet on all intercity trains Aiming to introduce Wi-Fi Internet on all intercity trains, Ukrzaliznytsia plans to launch a pilot project shortly on one of the most popular routes – Kyiv-Kharkiv-Kyiv, announces Volodymyr Reznik, th...

Offering Ukraine as a transport corridor for shipment of goods between Turkey and Sweden

Offering Ukraine as a transport corridor for shipment of goods between Turkey and Sweden Offering Ukraine as a transport corridor for shipment of goods between Turkey and Sweden, Ukrzaliznytsia has proposed specific routes, Edwin Berzins, head of the railroad’s Liski terminal in Kyiv, tol...

Poland’s PKP Cargo wants to develop a border terminal at Medyk as a transit point for Europe’s East-West trade with China

Poland’s PKP Cargo wants to develop a border terminal at Medyk as a transit point for Europe’s East-West trade with China Poland’s PKP Cargo wants to develop a border terminal at Medyk as a transit point for Europe’s East-West trade with China. Located three kilometers west of Lviv oblast, the Polish terminal has two par...

China surpassed the U.S. last year as the EU’s top trading partner,

China surpassed the U.S. last year as the EU’s top trading partner, China surpassed the U.S. last year as the EU’s top trading partner, Eurostat, the EU’s statistical office, reported Monday. “In 2020, China was the EU’s main partner,” the agency reported....

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