KYIV, Jan 26 – The State Service for Geology and Subsoil of Ukraine, together with UkraineInvest Investment Promotion Office, expects about $10 billion in investments in the development of areas with deposits of critical and strategic minerals, in particular, lithium, titanium, uranium, nickel, cobalt, niobium and others.

KYIV, Jan 26 – The second decade of January brought lower prices for cast iron in all markets around the world, cheaper scrap metal and ore on the spot market and weakening demand for flat-rolled products, and thus forced traders to make concessions.

KYIV, Jan 27 – The National Bank of Ukraine (NBU) has approved new requirements for banks to determine the size of credit risk for active banking operations, Deputy Governor of the NBU Yuriy Heletiy said.

KYIV, Jan 27 – PrivatBank, Ukraine’s largest bank, said Wednesday profits dropped 22.4% on the year to UAH 25.3 billion in 2020, down from UAH 32.6 billion in 2019, due to higher expenses caused by the coronavirus pandemic.

KYIV, Jan 27 – Naftogaz Ukrayiny has lowered the price of gas for households in February to UAH 6.89 per cubic meter (including VAT, excluding transportation costs) from UAH 7.22 per cubic meter in January, Naftogaz said on its website.

KYIV, Jan 27 – Ukrainian resort hotels recorded almost 100% occupancy during the New Year holidays, while the figure dropped slightly during the January lockdown.

KYIV, Jan 28 – Pershotravensk mine management, part of DTEK Pavlohradvuhillia, together with Ukrainian Recycling Solutions, put into operation a cogeneration unit at Stepova mine for the production of electricity and heat from coal mine methane with an electric capacity of 1.56 MW.

KYIV, Jan 27 – J.P. Morgan remains neutral in relation to Ukrainian assets due to the uncertainty of the issue of continuing cooperation with the International Monetary Fund (IMF), according to the report of the investment bank, which is available to Interfax-Ukraine.

"We maintain a neutral position on local assets, as fundamental support is expected to weaken, as well as due to uncertainty over the timing of the IMF tranche receipt," the J.P. Morgan report said.

KYIV, Jan 27 – Ukrnafta in 2020 reduced production of oil and condensate by 1% (by 15,000 tons) compared to 2019, to 1.5 million tons, and gas by 3% (by 35 million cubic meters), to 1.127 billion cubic meters, but increased the production of liquefied gas by 4.5% (by 5,000 tons), to 117,000 tons.

KYIV, Jan 28 – The American Chamber of Commerce in Ukraine asked President Volodymyr Zelensky to take personal control over Ukraine's fulfillment of obligations between the country's government and renewable energy investors, which were legislatively enshrined in 2020.