Fedosiivske
limestone quarry

Odessa region, UKRAINE

Introduction

Fedosiivske limestone quarry

Quarry's position:

  • The project company is seeking investment to develop a limestone quarry, located in Odessa region, Ukraine
  • Investment proposal consists of 100% sale of the project or establishment of JV to mutually develop and operate the field

Field overview


  • Located in the Oknyanskyi district, Odessa region, at the border Ukraine/Moldova
  • One of the biggest limestone fields in Ukraine
  • Area of the field 287 ha + 10 ha for O&M base
  • Initially discovered in 1990 with 400 wells drilled
  • Can be used for the cement and flux production
  • Excellent infrastructure connection: railway, national and international roads, proximity to Moldova border

Reserves

The Fedosiivske field reserves of limestone takes 19% of the state balance reserves of limestone

  • Proven reserves of limestone: 147,6 million tons
  • 3 new wells drilled in 2018
  • Independent test carried out by EU laboratory:

PHYSICAL CHARACTERISTICS:

humidity: 0,4%

porosity: 16,7%

strength: 51.2 MPa

CHEMICAL CHARACTERISTICS (%):

CaO

MgO

Fe 2O 3

SiO 2

54.58

0.79

0.04

0.23

Al 2O 3

MnO

P 2O 5

S

0.06

<0.01

0.04

0.014

Project Development Status

  • Long-term lease agreement signed
  • Land allocation project done
  • Land purpose changed
  • Subsoil license obtained
  • Exploration license obtained
  • Railway station acquired

FIELD IS READY FOR
COMMERCIAL DEVELOPMENT

Market overview


Dynamics of the limestone market, 2011-2018,
mln tons

  • Until 2013, limestone consumption was at a more or less the same level
  • In 2014 there was a decline in the production and consumption of limestone in Ukraine due to the annexation of the Crimean Peninsula and military conflict in the East of Ukraine
  • As of 2018, the projected growth in limestone consumption is +7% compared to 2017
  2013 2014 2015 2016 2017
Limestone market, mln tons 22.5 18.0 14.6 16.5 14.7
Export, mln tons 0.4 0.0 0.0 0.0 0.0
Import, mln tons   2.5 1.9 1.5 2.2
Production, mln tons 22.9 15.5 11.7 14.02 12.1

Producers and Importers

THE BIGGEST QUARRIES IN UKRAINE

  • Ternopilskyi quarry: Galushynetskyi, Maksymivskyi and Staro-Zbarazkyi quarries
  • Girnychodobuvna promyslovist (GDP): Polupanivskyi quarry
  • Novotroitske Mine Group: Novotroitskyi quarry

Fedosiivskyi quarry

THE MAIN IMPORTERS OF LIMESTONE TO UKRAINE

LHOIST S.A. (Poland)

CALMIT (Slovakia)

CARMEUSE (Slovakia)

PRIDONHIMSTROY-IZVEST LLC (Russia)

VAPENKA CERTOVY SCHODY (Czech Republic)

RYBNITSKYI CEMENT PLANT (Moldova)

LHOIST S.A. (Poland)

CALMIT (Slovakia)

CARMEUSE (Slovakia)

PRIDONHIMSTROY-IZVEST LLC (Russia)

VAPENKA CERTOVY SCHODY (Czech Republic)

RYBNITSKYI CEMENT PLANT (Moldova)

Project management team