Coal industry in Donetsk, Luhansk regions suffers losses worth over $300M

The relevant statement was made by Ukrainian Energy Deputy Minister Yaroslav Demchenkov, an Ukrinform correspondent reports, referring to the Ukrainian Energy Ministry.

According to Demchenkov, most settlements invved in coal mining erations in the Donetsk and Luhansk regions are now situated within the area of hostilities, seized or blockaded by Russian invaders.

“Coal mines cannot fully erate in such conditions, and this causes new environmental risks and socio-economic problems. The shutdown of some coal mining enterprises, according to the World Bank’s estimates, amounts to over $300 million in total losses,” the report states.

A reminder that, flowing the data from Kyiv Scho of Economics, as of February 2023, the total amount of losses suffered by Ukraine’s infrastructure due to the Russian full-scale invasion came to $143.8 billion.