US EditionRussian companies abandon unprofitable mines in occupied eastern Ukraine, triggering debate over who foots bill for decommissioning
8 Articles
8 Articles
Russian companies abandon unprofitable mines in occupied eastern Ukraine, triggering debate over who foots bill for decommissioning
Two Russian companies that leased 15 mines in Ukraine’s occupied Luhansk and Donetsk regions — Impex-Don and the Don Coal Trading House — have relinquished nine of the mines after determining that high operating costs and current global coal prices render planned operations unprofitable. According to the news outlet RBC, the fate of the abandoned mines is now caught up in a debate between state officials and investors who scooped up the propert…
Russian authorities will send for liquidation most of the existing coal mines in the occupied Donbas
Russian companies that leased 15 coal mines from the Russian-controlled occupation authorities of parts of Donetsk and Luhansk regions in 2024 have refused to develop nine of them. These mines will be sent for liquidation.
The mines are being closed.
Future of occupied Donbas and Melitopol - molfer Max Goreev shared a prediction
A month ago, the North Bohemian company Sokolovská uhelná announced the shutdown of its last large excavator for brown coal mining in the Jiří quarry. It marked the end of an era and a milestone in the history of mining in the region. It is also a milestone for ninety employees, former employees, who lost their jobs as a result of the cessation of mining. The complete end of mining in the Sokolov region is due to occur in 2030. However, coal and…
Investors will return mines to “local authorities” for liquidation
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