Hundreds of thousands of tons of reserves. Yaroslavsky mine has commissioned new facilities since the beginning of the year
Sukhaya Balka, part of Alexander Yaroslavsky's DCH Group, commissioned a new iron ore mining unit at the Yubileynaya mine on May 11.
This is reported by Interfax-Ukraine .
Preparations for the launch have been ongoing since October 2025. The new production unit is located on the first subsurface of the "minus" horizon of 1,420 meters of the "main" deposit.
According to Nikolai Puntus, the mine's chief engineer, the block's reserves amount to 179.5 thousand tons. Tons of ore, and the average iron content reaches 60.42%.
According to the company's estimates, these reserves will last for about six months of stable operation.
During January-March 2026, Sukhaya Balka commissioned four more new units with total reserves of 259 thousand tons. Tons of iron ore. In particular, two new units were launched at the Jubilee Mine in March.
At the same time, in 2025, the company increased its net loss by 25.9% compared to 2024, to UAH 420.2 million. A year earlier, the company's loss amounted to UAH 333.86 million, while by the end of 2023 the company was profitable and earned UAH 114.84 million in net profit.
In 2024, the company produced 917 thousand tons. Tons of commercial ore, which is 1.5% less than a year earlier.
DCH Group acquired Sukhoi Balka in 2017 from Evraz Group, one of the key shareholders of which was Roman Abramovich. Prior to that, in 2007, Evraz acquired the company from the Privat Group, associated with Igor Kolomoisky and Gennady Bogolyubov.
Sukhaya Balka is one of the leading mining enterprises in Ukraine and specializes in underground mining of iron ore. The company includes the Yubileynaya Mine and the Frunze Mine.