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More than 18 mining companies controlled by Russians continue to operate in Ukraine

12 Jan, 2023
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More than 18 mining companies controlled by Russians continue to operate in Ukraine

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The Russians controlled a number of Ukrainian fields directly or through nominal owners long before the Russian attack in February 2022.

Among them, according to the information agency NADRA.INFO, companies supplying titanium metal, coal, hydrocarbons, limestone, clay, etc. In addition, the Russian invader has stolen 63% of the country's coal deposits, 11% of oil deposits, 20% of natural gas deposits, 42% of metals, and 33% of rare earth and other critical minerals deposits, including lithium, totaling more than $12 trillion.

The Russians controlled a number of Ukrainian fields directly or through nominal owners (including those in offshore jurisdictions) long before the Russian attack in February 2022. At the beginning of 2023, some mining enterprises had already removed Russian beneficiaries from the owners. Below is a list of companies in chronological order: the first is the beneficiaries, who were the first to be removed from the registries, or there was a record of a change in the country of registration.


The Odessa Journal

The Odessa Journal

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