BMI's Executive Summary

[TOP]

Ukraine shares boundaries with Belarus, Russia, Romania, Hungary, Slovakia and Poland. One of the largest nations in modern-day Europe in terms of landmass, Ukraine is richly endowed with various key minerals and ores, including coal, iron ore, manganese, nickel, lead and uranium. It is the world’s secondlargest producer of manganese ore and the fifth-largest producer of iron ore. However, domestic mining output declined sharply after the break-up of the Soviet Union. This decline has been primarily attributed to redundant mining equipment and inefficient methods of production.

Donbass is Ukraine's main coal production base, while iron ore is found in Krivoy Rig, Kremenchuck, Bilozersky and Kerch basins. The Nikopol basin contains some of the largest deposits of manganese ore in the world. The Bol'shoy Tokmak deposit is the largest manganese deposit in Ukraine, while gold mining in Ukraine is centred on Muzhiyev and Saulyak in the Trans Carpathians. The nation's key uranium facilities are located in the Zhovti Vody, Kirovohrad and Dnipropetrovsk regions.

The Mineral Resources Code is the key legislation regulating the supervision of mineral resources in Ukraine. The Committee of Geology and Mineral Resources is responsible for managing Ukraine's mineral resources, including the issuing of mineral licences. The Ministry of Coal is responsible for regulating all coal mining activity. In 2006, the government approved a national programme on development of Ukraine's mineral resources for 2006-2010.

As a part of its plan to achieve self-sufficiency in uranium production by 2012, the government is seeking investment in exploration and development of uranium deposits. At present, Ukraine fulfils about 30% of its uranium requirements from domestic production.

Most of the nation's 200 coal mines are state owned. However, the government has now resolved to privatise 18 coal mines in its bid to encourage private participation in this segment.

Contents

[TOP]

Executive Summary

Chapter 1 - Industry Trends And Developments

Market Overview

Regulatory Structure

Chapter 2 - Project And Property Updates

Metals

Minerals

Table: Mines In Ukraine

Chapter 3 - SWOT Analysis

Ukraine Political SWOT2

Ukraine Economic SWOT

Ukraine Business Environment SWOT

Chapter 4 - Business Environment

Introduction

Regional Overview

Ukraine: Business Environment Ranking

Table: Business Environment

Legal Issues

Labour Force

Table: Demographic Indicators

Table: Employment Indicators

Foreign Investment Policy

Chapter 5 - Political Environment

Domestic Political Outlook

Table: Ukranian Cabinet & Other Key Posts (As Of February 2007)

Chapter 6 - Industry Forecast Scenario

Metals Price Outlook

Global Industry Overview

Regional Analysis

Ukraine Mining Industry Forecast

Table: Ukraine Mining Industry Forecast

Chapter 7 - Competitive Landscape

Table: Ukraine Mining - Key Players

Chapter 8 - Company Monitor

Pivnichnyi HZK VAT

Zaporizhvohnetryv VAT

Poltava Ore Mining and Processing Works

Inguletskiy Mining and Concentrating Works

Appendix A: Mining Ratings: Methodology

Introduction

Breakdown Of Ratings

Breakdown Of Components

Appendix B: The World Economy

Outlook And Risks

Table: Global Assumptions

United States

Soft Landing Ahead

Risks To Outlook

Europe

Moderating, But Solid Economic Growth

Medium-Term Growth Outlook

Japan

Japan In 2007 & 2008

Japan's Medium-Term Prospects

China

China In 2007 And 2008

China's Medium-Term Prospects

Oil

Appendix C: Regional Demographic Data

Table: Wages (ave. labour force per annum), US$ PPP

Table: Population

Table: Household Spending Per Capita, US$

Table: Private Consumption Per Capita, US$ PPP

Table: Market Size, GDP, US$bn