DTEK is negotiating with the State Property Fund and the Ministry of energy and coal industry the shutting down of the Belitskaya mine, a part of DTEK Dobropolyeugol LLC.
“The Belitskaya mine operation is inefficient. But since it is leased, and not owned by DTEK, it cannot decide its fate on its own”, DTEK Dobropolyeugol CEO Yuri Cherednichenko said.
Mining operations were suspended in August 2014. To maintain the machinery and on other needs of the mine DTEK spends 65 million UAH per year.
The high prime cost of coal mining at the mine is one of the key factors for shutting it down.
“In May-July 2014 the prime cost of coal mining there was 3 thousand UAH per ton, much higher than at other Dobropolyeugol mines, to say nothing of Pavlogradugol”, he added. (Ukrainian metal)