The head of the Volyn region administration Vladimir Ginchuk met the representatives of Sanyi (China) willing to invest $3.5 billion into Ukraine. The company has some experience in working with mining companies from the East of Ukraine. But they are also interested in the Volyn coal basin.
The Higher Administrative Court of Ukraine has allowed developing the Kremenchug territory, thus removing all obstacles on the way to build Bilanovsky Mining and Processing Works.
After the cancellation of the State Geology Service decree that blocked Velta operations the company started restoring its capacities destroyed by the fire.
In November Ukraine exported $51.5 million worth of ferroalloys, with imports on the level of $5.89 million.
The Ministry of Internal Affairs is investigating the Irshansk Mining and Processing Works, a part of the United Mining and Chemical Company, abuse while buying 5.6 million cubic meters of gas with transportation in May from Energy Trade Group.