New Market Report: Ukraine Mining Report 2016

Ukraine's mining sector will continues to feel the effects of ongoing hostilities between the government and pro-Russian separatists. While a tentative ceasefire remains in place, Russia's annexation of the Crimea region has seen Ukraine cede access to key mining assets and shipping ports. The events have led to severe depletion of the country's mineral production capacity over recent quarters, with the country estimated to have experienced double-digit contractions in both coal and iron ore output in 2015. While we expect this contraction to begin to level out over the coming months, the business environment remains severely dented, with much of the country's transport infrastructure having been dam aged by fighting.

Recent Developments And Forecasts:

In April 2016, Canadian miner Black Iron announced it was considering investments in other European mining projects as it looked to offset potential risks to its Ukrainian iron ore operations.

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News in March 2016 that Australia had signed an agreement with Ukraine's government to supply uranium to power Ukrainian nuclear power plants highlights the fact that uranium mining in the country has yet to progress since the onset of hostilities in the country in 2014. The development also suggests the falling status of thermal coal in the country's energy mix.

We forecast further stagnation in both Ukraine's iron ore and social sectors over the coming quarters. We forecast iron ore production to contract by 9.5% y-o-y in 2016 to 61.3mn tonnes (mnt) while coal production will grow by 1.1% to 40.1mnt.

The Ukraine Mining Report has been researched at source and features BMI Research's mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Ukraine Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Ukraine.

Key Benefits
Use BMI's independent industry forecasts on Ukraine to test other views - a key input for successful budgeting and planning in this mining market.
Target business opportunities and risks in Ukraine's mining sector through our reviews of latest mining industry trends, regulatory changes and major deals, projects and investments in Ukraine.
Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity), Key Projects Tables and Competitive Landscape Tables.

Coverage

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