The United Mining and Chemical Company (UMCC) plans to receive the mineral reserves assessment report ordered in the summer of 2025 according to international standards in the second half of 2026. This was stated by Volodymyr Lavrenchuk, regional director of NEQSOL Holding Ukraine.
“Representatives of the company Micon International, working on this, visited Ukraine in November 2025, in particular the plants located in the Dnipropetrovsk and Zhytomyr regions. They have conducted the necessary research and are processing this material. The procedure has not yet been completed, but in the first quarter of 2026 we plan to receive the results of the technical audit, and in the second half of the year – a report on the assessment of reserves according to the international standard JORC Code. This will give us grounds for the next steps in determining the need for additional capital investments and the formation of partnerships,” said Volodymyr Lavrenchuk. (Nadra)