In January, Ukraine exported 1.358 million tons of iron ore to the EU, up by 29.3% MoM and by 27.4% YoY. Revenue grew by 21.3% MoM and by 14.6%, to EUR 63.83 million. Slovakia was the main customer, importing 513.89 thousand tons (+47.5% YoY), followed by the Czech Republic (308.03 thousand tons, -25.8%), Poland (253.8…
On March 5, the state enterprise Dobropolyevuhillya-Dobycha ordered “Nautilus” Mining Company LLC services on coal extraction valued at 54.89 million UAH. The tender in Prozorro.Sales system was held at the second attempt, as the preliminary agreement for 54.96 million UAH, concluded with the same company on February 12, was canceled. The contractor will be operating…
In 2023, the consolidated net loss of Metinvest B.V. (the Netherlands) totaled $194 million, down 11-fold YoY. Revenue dropped by 11%, to $7.397 billion, and EBITDA – by 54%, to $861 million. Metal sector revenue decreased by 15.2%, to $4.846 billion, and mining – by 0.8%, to $2.551 billion. Corrected EBITDA of metal division fell…
Since the start of the year, Metinvest Pokrovskvuhillya has already extracted 1 million tons of coal. Despite the proximity of the frontline, the miners continue to operate at all four sites. On February 21, the company commissioned the 11th coalface with the length of 242 meters. Its reserves amount to 993 thousand tons. Miners intend…