Ukraine’s subsoil exploitation industry needs $250B in investment to reveal its full potential. The American International Development Finance Corporation (DFC) believes that Ukraine needs to attract $250B in investment to maximize its subsoil use. Attracting investment is necessary to diversify... #DFC #investments #MIningMineralsUkraine #MiningUkraine #NEQSOL #UkraineSubsoil
Ukrainian mining industry leaders increase their income by 13%. Last year, the 10 leaders in the extractive industry earned ₴365.26B, which is 11% more than before the start of full-scale war and 13% more than in 2022. The group is led by Ukrnafta, which increased... #ferrexpo #MiningIndustry #MiningUkraine #Ukrgazvydobuvannya #Ukrnafta
Russia wants to seize and share $10-12T of mineral deposits in Ukraine and share them with China. American Republican Senator Lindsey Graham said that the US should contribute to Ukraine’s victory in the war to prevent the Russian Federation, together with China, from gaining access to impor... #CoalMinesUkraine #LindseyGraham #mineraldepositsinUkraine #MiningIndustry #MiningUkraine #RussianAggression
The Vice Chancellor of Germany arrived in Kyiv and discussed investments, reconstruction, and defense projects. On April 18, Minister of Economy Yulia Svyrydenko met with Vice-Chancellor of Germany Robert Habeck, who arrived in Kyiv on an unannounced visit. Svyrydenko presented Ukraine’s urgent need for energy ... #ElectricityGeneration #GermanBusiness #InvestmentsinUkraine #MiningUkraine #RobertHabeck #YuliyaSvyridenko
Ukraine returns as a leading iron ore exporter to Turkey, increasing total sales by 150%. In January-February 2024, Ukraine exported 231,800 tons of iron ore to Turkey, compared to 30,000 tons in the same period of 2023. Ukraine was in third place among countries exporting this product to ... #IronOreExport #IronOreMining #IronOreUkraine #MiningUkraine #TurkeyUkraine
A German entrepreneur buys an amber deposit in the Rivne region, and Concorde Capital purchases a limestone deposit in the Dnipropetrovsk region. A license to mine amber at the Kryuchkova site, with an area of almost 40 hectares in the Rivne region, was sold at auction for ₴3.48M ($92,000). The auction winner was a Kyiv company; the ultimate be... #AmberMining #IhorMazepa #MarcKloepfel #MiningUkraine #okko
Since the beginning of the war, the BGV Group has invested almost ₴3B in Ukraine. Since February 24, 2022, BGV Group Management has invested almost ₴3B ($77M) in new projects and enterprises, as well as social and educational initiatives. The company’s main directions for investmen... #BGV #investments #InvestmentsinUkraine #MiningUkraine #SportsInfrastructure #Zhytomyr
Foreigners are interested in investing in the Ukrainian mining industry. 2023 saw increased interest in subsoil use and extraction on the part of companies and business people who had not previously engaged in such activities or considered this type of activity to diversif... #DragonCapital #MiningInvestmentsUkraine #MiningUkraine #OnurGroup
Ukrnafta has attracted 25 potential partners to explore Ukraine’s deposits. State oil and gas extracting company Ukrnafta extended the partner selection process for the joint development of 21 fields until March 1, 2024. This will allow all potential partners to complete thei... #GasMiningUkraine #MiningUkraine #OilProductionUkraine #Ukrnafta
Ukrainian gas and oil production companies are working to ensure Ukraine’s energy independence. State company Ukrgazvydobuvannya plans to increase gas production from new wells to one billion cubic meters in 2023, director of exploration and company development Maksym Vityk said. “We manag... #GasProductionUkraine #MaksymVityk #MiningUkraine #OilProductionUkraine #Ukrgazvydobuvannya #Ukrnafta
Advocates for Ukrainian business call for a reduction in rent for mining. Business leaders favor lowering the rent for the extraction of minerals during the war, which will support the mining and metallurgical industry, which has had its production reduced by 53%, said the... #ExtractionRent #MiningUkraine
Canada’s largest investment in Ukraine, the US$1 billion Black Iron mining and processing plant in Kriviy Rih, is being held up by delays at Ukraine’s Defense Ministry, Matt Simpson, CEO of the Toronto-based mining company, tells RBC-Ukraine. If the Defense Ministry completes a binding agreement on transfer of... #BlackIron #MiningInvestmentsUkraine #MiningUkraine
Long term investment in Ukraine’s mining sector could generate $400 billion over the next decade, said the Prime Minister, Shmygal. Goals should be: double exports, cut imports by two thirds, and expand mineral processing. He said, Ukraine should aim to be a full partner of the EU in the extractio... #MiningInvestmentsUkraine #MIningMineralsUkraine #MiningUkraine
Work already has commenced on the preparation of the legal environment for EU mining investment. At yesterday’s EU-Ukraine forum, Matti Maasikas, EU Ambassador to Ukraine, told reporters that: “Our common carbon-free future requires the widespread use of electric cars, wind turbines, solar panels... #InvestinginMining #miningInvestmentsinUkraine #MiningUkraine
