Ukrainian mining and steel producing group Metinvest has announced that it has suspended operations at its Pokrovske coal mine in order not to risk the lives of thousands of employees and their families in the face of the evolving frontline conditions, power supply shortages and the deteriorating security situation. The full impact of the suspension is yet uncertain and is currently being assessed.
The company’s management is implementing an emergency action plan to ensure the supply of essential raw materials such as coal and coke for steel production at its metallurgical assets Kamet Steel and Zaporizhstal. These measures include increasing the supply of coking coal from the company’s United Coal Company in the US and utilizing accumulated coal stocks, while arranging additional supplies of raw materials from third-party suppliers.