The Ukrainian Metal

Ukraine: energy ministry to close down 11 state mines

The Ministry of energy and coal industry intends to close down 11 state mines.

“We will shut down 11 mines. We have chosen 15 mines and can make them profitable; after that we will privatize them”, said the ministry head Igor Nasalik.

The remaining 7 most profitable mines will remain in the state ownership.

Last year the ministry presented a list of 36 coalmines to be given to investors. 23 mines were in Donbass and 13 – in the Lviv-Volyn region. The mines at the Kiev-uncontrolled territories were not listed. (Ukrainian metal)

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