Sukha Balka Mine
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Sukha Balka Mine
The Sukha Balka mine is a large iron mine located in western Russia in the Sverdlovsk Oblast. Evrazruda represents one of the largest iron ore reserves in Russia and in the world having estimated reserves of 585.2 million tonnes of ore grading 58% iron metal. It is owned by the DCH (Development Construction Holding) of the Ukrainian business and investor Oleksandr Yaroslavskyi. Among DCH's other holder are the Dnieper Metallurgical Combine and the Kharkiv Tractor Plant. Larisa Chertok's Gehold SA privatized a stake in Sukha Balka, by 2008 Palmrose Ltd. controlled by Boholyubov and her brother Ihor Kolomoyskyi was the main owner of Sukha Balka which was sold for over $1 billion to Russia’s Evraz group, part-owned by Roman Abramovich Roman Arkadyevich Abramovich (, ; he, רומן ארקדיביץ' אברמוביץ'; born 24 October 1966) is a Russian oligarch and politician. He is the former owner of Chelsea, a Premier League football club in London, England, and is the ...
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Sverdlovsk Oblast
Sverdlovsk Oblast ( rus, Свердловская область, Sverdlovskaya oblast) is a federal subject (an oblast) of Russia located in the Ural Federal District. Its administrative center is the city of Yekaterinburg, formerly known as Sverdlovsk. Its population is 4,297,747 (according to the 2010 Census). Geography Most of the oblast is spread over the eastern slopes of the Middle and North Urals and the Western Siberian Plain. Only in the southwest does the oblast stretch onto the western slopes of the Ural Mountains. The highest mountains all rise in the North Urals, Konzhakovsky Kamen at and Denezhkin Kamen at . The Middle Urals is mostly hilly country with no discernible peaks; the mean elevation is closer to above sea level. Principal rivers include the Tavda, the Tura, the Chusovaya, and the Ufa, the latter two being tributaries of the Kama. Sverdlovsk Oblast borders with, clockwise from the west, Perm Krai, the Komi Republic, Khanty–Mansi Autonomo ...
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Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across eleven time zones and shares land boundaries with fourteen countries, more than any other country but China. It is the world's ninth-most populous country and Europe's most populous country, with a population of 146 million people. The country's capital and largest city is Moscow, the largest city entirely within Europe. Saint Petersburg is Russia's cultural centre and second-largest city. Other major urban areas include Novosibirsk, Yekaterinburg, Nizhny Novgorod, and Kazan. The East Slavs emerged as a recognisable group in Europe between the 3rd and 8th centuries CE. Kievan Rus' arose as a state in the 9th century, and in 988, it adopted Orthodox Christianity from t ...
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Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe) or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Metallic iron is virtually unk ...
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Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe) or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Metallic iron is virtually unk ...
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Oleksandr Yaroslavskyi
Oleksandr Vladylenovych Yaroslavskyi ( uk, Олександр Владиленович Ярославський; born 5 December 1959, Zhdanov) is a Ukrainian businessman. He was formerly co-owner of UkrSibbank and president of FC Metalist Kharkiv (2005-2012). Yaroslavskyi is the president of DCH (Development Construction Holding) and one of the most influential people in Ukraine according to Ukrainian and Eastern European media. In 2016, Forbes ranked him among the top ten richest people in Ukraine. In November 2018, Russia imposed sanctions against 322 citizens of Ukraine, including Yaroslavskyi. Achievements In 2018 and 2019, Oleksandr Yaroslavskyi received the title of Doctor Honoris Causa of O. M. Beketov National University of Urban Economy anV. N. Karazin Kharkiv National University, the best Ukrainian university according to World University Rankings 2018 for the personal weighty contribution to the development of Kharkiv and many years of support for the city's leadi ...
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Dnieper Metallurgical Combine
Dnieper Metallurgical Combine ( uk, Дніпровський металургійний комбінат , translit=Dniperovskyi Metalurhiynyi Kombinat) is one of the biggest metallurgical companies in Ukraine along with Kryvorizhstal and Illich Steel and Iron Works. It is located in Kamianske, Dnipropetrovsk Oblast. Overview The main plant was founded back in 1887 by the South-Russian Dnieper Association as the Dnieper Works. With the occupation of Ukraine by Bolsheviks in 1917, the plant was "nationalized". Due to the war like situation in the region, the main plant did not operate consistently until 1925 when it was officially taken off the conservation and resumed its operations. The same year the plant received the name of Feliks Dzerzhynsky who at that time was a chairman of the Supreme Soviet of the National Economy. About ten years later the city of Kamianske where the plant is located also followed the example and in 1936 it was renamed into Dniprodzerzhynsk. See a ...
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Kharkiv Tractor Plant
Kharkiv Tractor Plant (KhTZ or HTZ) ( uk, Харківський тракторний завод, translit=Kharkivskyi Traktornyi Zavod) is an agricultural machinery manufacturer in the Ukrainian city of Kharkiv. Established in 1930-31, as a centerpiece of Stalin's First Five-Year Plan for Soviet industrialization (1927-1932), KhTZ was Ukraine's largest tractor manufacturer, producing both wheeled and tracked tractors. In 2016, the Ukrainian security service (SBU) alleged that at the Kremlin's direction the Russian owners were planning to decommission the enterprise. The industrial plant was reported destroyed by extensive shelling and resulting fires on the fourth day of the Russian Federation's invasion of Ukraine in late February 2022. History Building of the Plant in the First Five Year Plan The Kharkiv Tractor Plant, on the south-east edge of Kharkiv, was one of three major tractor plants (the others at Stalingrad and Chelyabinsk) built as one of "the giants of the first ...
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Ihor Kolomoyskyi
Ihor Valeriyovych Kolomoyskyi ( uk, Ігор Валерійович Коломойський, translit=Ihor Valereriyovych Kolomoyskyi; he, איגור קולומויסקי; born 13 February 1963) is a Ukrainian-born billionaire, business magnate, and politician. He has been rated as the second or third richest person in Ukraine, and was seen as one of the most influential oligarchs. He co-founded PrivatBank and its informal extension of companies, Privat Group, in 1992, and acquired extensive media holdings. Kolomoyskyi served as Governor of Dnipropetrovsk Oblast from 2014 until his dismissal by President Petro Poroshenko in 2016. That year, following charges against him of large-scale fraud, PrivatBank was taken into state ownership. Kolomoyskyi's media power and funding then supported Volodymyr Zelenskyy's successful 2019 campaign to unseat Poroshenko. In 2021, the US banned Kolomoyskyi and his family from entering the country, accusing him of corruption and being a t ...
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Roman Abramovich
Roman Arkadyevich Abramovich (, ; he, רומן ארקדיביץ' אברמוביץ'; born 24 October 1966) is a Russian oligarch and politician. He is the former owner of Chelsea, a Premier League football club in London, England, and is the primary owner of the private investment company Millhouse LLC. He has Russian, Israeli and Portuguese citizenship. He was formerly Governor of Chukotka Autonomous Okrug from 2000 to 2008. According to ''Forbes'', Abramovich's net worth was 14.5 billion in 2021, making him the second-richest person in Israel, the eleventh-richest in Russia and the richest person in Portugal. Abramovich enriched himself in the years following the collapse of the Soviet Union in the 1990s, obtaining Russian state-owned assets at prices far below market value in Russia's controversial loans-for-shares privatisation program. Abramovich is considered to have a good relationship with Russian president Vladimir Putin, an allegation Abramovich denied. Ea ...
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