The State Service of Geology and Subsoil listed strategically important metal deposits

The State Service of Geology and Subsoil of Ukraine has published the list of mineral, mostly metal, deposits of strategic importance for the economy and defense of the state.

The draft Resolution of the Cabinet of Ministers was published on the Service’s website.

The minerals that are on the list will be put up for auction. Signing of production sharing agreements will be possible in some cases.

The strategic deposits include, in particular:

  • aluminum ores: Vysokopilske deposit (Dnipropetrovsk oblast);
  • iron ore deposits: Korsakske, Vasynevske, Kuksunhurske, Serhiivske, Huliaipilske (all in Zaporizhzhia oblast), Zhovtorichenske, Zakhidne, Inhuletske, Saksahan and Ordzhonikidze mining fields, areas Bilshovyk (reserve of Velyko-Hleiuvatske deposit), Mykolaivska, area 6 (quarry No. 2) (all in Dnipropetrovsk oblast), Lozovatska area, Horikhivska area, Chervonofedorovska area (all in Kirovohrad oblast), Manuilivska area, Vasynevska area (all in Poltava oblast);
  • gold deposits: Delovetska area in Zakarpattia oblast and Zolota Balka in Dnipropetrovsk oblast;
  • copper ores: Zalesy-Shmenky ore-bearing field in Volyn oblast and Zalizniaky deposit in Zhytomyr oblast.

Importantly, the Resolution was drafted in the framework of execution of the Decision of the National Security and Defense Council of 16 July 2021 “On Stimulating the Exploration, Extraction and Beneficiation of Minerals of Strategic Importance for Sustainable Economic Development and Defense of the State”. At the end of July, President of Ukraine Volodymyr Zelenskyi enacted the Decision of the National Security and Defense Council, which approved the list of 37 metal and non-metal mineral deposits of strategic importance.

Submission of comments and proposals to the draft Resolution will be open within one month following the day of its publication.

As reported earlier, last week the Ministry of Environmental Protection proposed inclusion of Huliaipilske iron ore deposit in Zaporizhzhia oblast in the list of areas to be permitted to use through auctions. The approximate cost of the auction lot is ₴1.27 billion.

  • Companies

Tenaris has begun construction of its second wind farm in Argentina

Tenaris has announced the start of construction of its second wind farm in Argentina, La…

Saturday June 28, 2025
  • Companies

Metinvest has created protective armor for Patriot air defense systems

As part of the Steel Front initiative, Metinvest Group has manufactured and installed special protective…

Saturday June 28, 2025
  • Companies

Arvedi Group raises €900 million to expand production and decarbonize

Italian steel company Arvedi Group has raised €900 million in financing to implement a large-scale…

Friday June 27, 2025
  • Global Market

Domestic demand for steel in China continues to fall

Domestic demand for steel in China, according to market participants' estimates, continued to fall in…

Friday June 27, 2025
  • Industry

Construction works performed in Ukraine in January-April fell by 13% y/y

The index of construction work performed in Ukraine in January-April 2025 decreased by 13% compared…

Friday June 27, 2025
  • Global Market

Emissions in China’s steel industry sector rose by 17.9% y/y in May

In May 2025, Chinese steel enterprises belonging to the CISA industry association increased their total…

Friday June 27, 2025