The Ukrainian Metal

Ukraine: mining leaders income up in 2023

In 2023, leaders of the mining industry of Ukraine earned 365.26 billion UAH, up by 13% YoY and by 11% before the launch of the full-scale invasion by Russia.

In particular, six companies of SCM accounted for 41% – 149.67 billion UAH. Five of them received net profit of 32.35 billion UAH. Only Central Mining and Processing Works showed a loss of 1.33 billion UAH.

SevGOK increased income by 44%, Svyato-Varvarinskaya Processing Factory by 32% and Pokrovske Mine Group by 14%.

Central GOK decreased income by 3% and DTEK Pavlohradvuhillya by 6%.

PGOK decreased income by 33% and Yeristovo GOK by 32%, to 970.7 million UAH combined. (Ukrainian metal)

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