Ukraine's economy hit hard as key coal mine closes
The closure of the Pokrovsk mine weakens Ukraine's defense capabilities, reports "The New York Times."
The closure of the Pokrovsk coal mine, crucial for Ukraine's industry, weakens the country's defense capabilities. "The New York Times" states that Ukrainians blew up one of the galleries to prevent it from being taken over by Russian forces. The mine was the only source of coking coal, essential for steel production.
According to the newspaper, the closure of the mine will send shockwaves through Ukraine's economy. Steel production is expected to drop from 8 million tons to less than 3 million tons next year. This will affect exports, tax revenues, and material supplies for the military. Metal and steel products were Ukraine's second-largest export group.
Desperate actions by Kyiv
Kyiv made desperate efforts to keep the mine operational as long as possible. Miners, despite the risks, continued working, descending to the site through another gallery. However, in mid-December, when Russian forces approached within 1 mile, they decided to blow up the gallery.
The newspaper emphasizes that the Pokrovsk mine is not the first to fall into Russian hands, as Russian forces have decimated a significant part of the industrial base in eastern Ukraine. However, it may serve as an example of Ukraine's resilience after Russia's full-scale invasion—after a production drop in 2022, last year saw an increase to 3.5 million tons, almost reaching pre-war levels.
In early December 2024, miners began drilling holes under the gallery to place explosives. Around December 20, the gallery was blown up. Explosives were also placed in two other galleries, near the villages of Kotlyne and Udachne, which are still controlled by Ukraine. It is not known if these galleries were also blown up.