Russia Captured the Largest Mine in Ukraine, Steel Production Decline Threatened
The capture by Russia of Ukraine’s largest coking coal mine in the Pokrovsk district could cause a catastrophic decline in steel production. This is reported by The Economist.
Together with its subsidiaries and administrative buildings, the Pokrovske mine management provides jobs for six thousand people, about a thousand of whom are currently serving in the Armed Forces of Ukraine. This is the largest coking coal mine in Ukraine. The coal, used for smelting iron ore, is vitally necessary for the rest of the country’s metallurgical industry
, the material states.
The international mining and metallurgical group Metinvest, which owns enterprises in Ukraine, Italy, Bulgaria, the United Kingdom, and the USA, planned to extract 5.3 million tons of coal from this mine in 2024.
In 2023, Ukrainian steel mills produced 6.2 million tons of unrefined steel. However, in 2021, before the loss of two Mariupol plants, Ukraine produced 21.4 million tons. In 2021, Ukraine was the 14th largest steel producer in the world, but last year it fell to the 24th place, journalists write.
Let us recall that the occupiers began to massively use illegally obtained Starlink communication terminals to increase the effectiveness of drone and artillery strikes. Communication helps the Russians better coordinate actions during offensive operations, use more drones, and more accurately direct artillery fire.
We give you energy news and help invest in energy projects too, click here to learn more