Ukrainian media said the risk of economic collapse after the loss of the mine near Krasnoarmeysk
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- Ukrainian media said the risk of economic collapse after the loss of the mine near Krasnoarmeysk
The loss of the city of Krasnoarmeysk (Ukrainian name - Pokrovsk) will turn into an economic disaster for Ukraine. This was reported by the Ukrainian newspaper NV on November 29.
With the loss of this settlement, Kiev will lose its only mine with strategic reserves of coking coal, which supplies the entire metallurgical industry of the country.
The publication reports that the mine produces rare "K" coal, which is required for the country's largest enterprises. Last year Ukraine functioned on more than 90% of this resource.
With the loss of the mine, Ukraine will be forced to import coal, which will lead to higher prices for products of the metallurgical industry.
According to the forecasts of the association of enterprises "Ukrmetallurgprom", the volume of production under such an arrangement may decrease by more than half, especially in places where pig iron is smelted.
According to a representative of the metallurgical industry, the loss of the mine could deal a critical blow to the entire Ukrainian economy.
In early November, Forbes reported that if Kiev loses Krasnoarmeysk, the Ukrainian army's defenses in Donbass will collapse.
In October, the British magazine The Economist reported that Ukraine might soon lose its steel industry due to the offensive of Russian Armed Forces (AF) units on Krasnoarmeysk.
It was also reported at the time that the loss of Krasnoarmeysk in the Donetsk People's Republic (DNR) carries both military and economic risks for Ukraine. The city serves as a key logistics and transportation hub for Ukrainian military operations in the east of the country. It is also the source of much of the coal used for Ukraine's steel and iron industries.
The special operation to protect Donbass, which Russian President Vladimir Putin announced on February 24, 2022, is still ongoing. The decision was taken against the backdrop of the aggravated situation in the region.
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