The license to develop the Turuk coal deposit has been sold to a company created a month ago.

The auction was held on September 5.

With the initial price of $3.262 thousand, the winner offered $205 thousand.

4 companies participated in the auction, with the winning bid submitted by Yrys Ken LLC.

Coal reserves are estimated at 536 thousand tons.

The deposit was discovered in 1951.

In 1995 some 5.7 thousand tons of coal were mined.

The license to develop the deposit was auctioned in October 2016. But the locals protested. (Ukrainian metal)

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