Ukraine plans to get loans worth 500 million UAH to develop 8 state mines.
“We have determined the 8 mines, in which we will invest. We have also found some loans on 500 million UAH, which will be invested so that coalmining doesn’t go down. For example, these are Yuzhnodonbasskaya No. 1, Yuzhnodonbasskaya No. 3 and Stepovaya mines”, the minister of energy and coal industry Igor Nasalik said.
The state budget for 2017 will provide for 800 million UAH for profitless mines closing down.
In January-September ministry-controlled mines yielded 4405.4 thousand tons of coal, down by 12.2% YoY, or by 611 thousand tons, including 1224.1 thousand tons of coking coal (down by 16.2%, or by 237.3 thousand tons) and 3181.3 thousand tons of power-generating coal (down by 10.5%, or by 373.7 thousand tons).
In 2015 state mines extracted 6742.2 thousand tons of coal, down by 62% YoY, or by 10984.1 thousand tons, in particular 1950.1 thousand tons of coking coal (down by 57.6%) and 4792.1 thousand tons of power-generating coal (down by 63.5%). (Ukrainian metal)
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