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Tax burden per ton of iron ore concentrate in Ukraine is $ 43 - Ukrmetallurgprom

Ukraine

This figure was announced by the President of the Ukrmetallurgprom, an expert in the field of industry, Alexander Kalenkov.

Tax burden per ton of iron ore concentrate in Ukraine is $ 43 - Ukrmetallurgprom

The statements circulating in the media that Ukrainian mining enterprises pay a low rental rate for the extraction of iron ore - US $ 4 per tonne are absolutely manipulative, Alexander Kalenkov said.

According to A. Kalenkov The current record rise in prices for iron ore is a temporary phenomenon associated with the dire epidemiological situation in Brazil and South Africa. He recalled that not long ago ore cost about $ 40 per ton on the world market.

“This is all the more risky for the Ukrainian mining industry, since the iron content in Ukrainian ores is several times lower than that of competitors and the depth of seams is much deeper. Therefore, the prime cost of Ukrainian ore is several times higher than that of the main world producers, ”the expert said.

A. Kalenkov recalled that the mining and metallurgical complex of Ukraine remains the basic branch of the country's economy, forming a third of industrial production, a quarter of foreign exchange earnings and providing hundreds of thousands of jobs in metallurgy and related industries.

“Metallurgical enterprises are the largest taxpayers in Ukraine, the implementation of budget programs not only in the regions of their presence, but also throughout the country depends on their work. Private statements by persons posing as experts are based on lies and manipulation and undermine the state's ability to make economically sound decisions, ”concluded the head of the OP“ Metallurgprom ”.

Earlier it was reported that a member of the supervisory board of Ukrzaliznytsia, Sergei Leshchenko, said that the price of iron ore broke all possible records and reached a maximum in the 21st century, and from this price the budget of Ukraine, whose citizens own the subsoil, receive a ridiculous amount - at least $ 4.

As a reminder, this week the Australian Government presented a draft state budget for 2021 - 2022, which provides for a drop in iron ore prices to $ 55 per ton at the end of the first quarter of next year.

МЕТАЛЛУРГПРОМ
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