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VostGOK in the first half of 2021 reduced the production of uranium concentrate by 45%

Mining industry / Ukraine

The total production of uranium concentrate by SE "VostGOK" in January-June amounted to 227.8 tons, the total cost of the produced concentrate decreased by 40% - to 663 million hryvnia.

VostGOK in the first half of 2021 reduced the production of uranium concentrate by 45%

The state enterprise "Vostochny Mining and Processing Plant" in the first half of 2021, compared to the same period in 2020, reduced the production of uranium oxide concentrate by 45% - to 227.8 tons, the total cost of the UOK produced decreased by 40% - up to UAH 663 million. Data on the work of SE "VostGOK" was published on Monday on the website of the Ministry of Energy of Ukraine.

According to the Ministry of Energy, the extraction of uranium ore in the first half of 2021, compared to the same period in 2020, decreased by 13% - to 242.2 thousand tons. Most uranium ore was mined in 2021 in June - 51 thousand tons. At the same time, the largest amount of uranium oxide concentrate this year was produced in March - 49.8 tons, for UAH 145 million.

"Vostochny Mining and Processing Plant" is the only enterprise in Ukraine that provides uranium mining and production of natural uranium concentrate. SE "VostGOK" is one of the ten largest uranium producers (2% of world production) and provides up to 40% of uranium needs of Ukrainian nuclear power plants.

As reported, in 2020, SE "Vostochny Ore Mining and Processing Plant" reduced its net loss by 19.12% - to 550.19 million hryvnia.

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