Turkish investors planning massive graphite mine in Ukraine
Spys Ukraine LLC, founded by Turkish companies including Onur Group and Özdoğu Sarp, plans to begin mining at the Horodniavka site of the Burtyn graphite ore deposit in Ukraine's Khmelnytskyi Oblast, news outlet Zaxid.net reported on Aug. 18, citing the company's own announcement of the planned activity, which is subject to an environmental impact assessment.
Turkish investors, through the company Spys Ukraine LLC, are planning to establish a massive graphite mine at the Horodniavka site in Ukraine's Khmelnytskyi Oblast, according to an Aug. 18 report by Zaxid.net. The project, subject to an environmental impact assessment, involves extracting up to 1 million tons of ore annually from a graphite ore deposit covering 105 hectares.
Spys Ukraine holds a special subsoil-use permit valid until September 2042 for the mine, which is one of the largest graphite ore deposits in Ukraine and Europe. The reserve of graphite ore exceeds 113 million tons, with an estimated 6.58 million tons of pure graphite. The company intends to develop an open-pit mine, with drainage water planned for facility use after reclamation measures.
The environmental impact assessment process is currently ongoing, and mining work cannot commence without approval. This move comes amid competition, with Solartec Esco LLC recently winning a permit for graphite mining at the Maidanska site in the same region. Ukraine considers graphite strategically important for its sustainable economic development and defense.
Currently, Zavalievsky Graphite Group, controlled by Australian company Volt Resources, is the only active graphite producer in Ukraine.
Written by urgent.news from New Voice of Ukraine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
