The State Service of Geology and Mineral Resources of Ukraine has published unit prices for mining products for the first quarter of 2025

The State Service of Geology and Subsoil of Ukraine (Derzhgeonadra) has published the prices for a unit of commercial output of a mining enterprise – extracted minerals (mineral raw materials) for the first quarter of 2025.

Download Prices of commodity products for the first quarter of 2025.

The Association reminds that in accordance with the Methodology for Determining the Initial Sale Price at the Auction (Electronic Bidding) of a Special Permit for Subsoil Use, approved by the Resolution of the Cabinet of Ministers of Ukraine No. 1374 dated October 15, 2004 (as amended by the Resolution of the Cabinet of Ministers of Ukraine No. 915 dated September 23, 2020)

● the price of a unit of the mining enterprise’s commodity product – extracted minerals (mineral raw materials) – is determined as of the date of calculation and is equal (except for natural gas, oil and condensate) to the price determined in accordance with this Methodology for all other minerals by processing the initial information received from the State Tax Service of Ukraine and the State Commission of Ukraine for Mineral Resources, and the price published on the official website of the State Service of Geology and Mineral Resources for the previous quarter, with the choice of the higher of the two;

● the official website of the State Service of Geology and Subsoil of Ukraine publishes the approved price of a unit of a mining company’s commercial product – extracted minerals (mineral raw materials) in the form approved by the State Service of Geology and Subsoil of Ukraine on a quarterly basis.

At the same time, pursuant to paragraph 15 of the Law of Ukraine No. 4015-IX dated October 10, 2024 “On Amendments to the Tax Code of Ukraine and Other Laws of Ukraine on Ensuring the Balance of Budget Revenues during the Period of Martial Law” (published in the newspaper “Holos Ukrainy” dated November 30, 2024 No. 179 and entered into force on December 1, 2024), paragraph 252.8 of Article 252 of the Tax Code of Ukraine was supplemented with the following paragraph:

“The central executive body that implements the state policy of economic development shall, by the 10th day of the month following the tax (reporting) period, publish on its official website in a special section the price of a unit of commercial output of a mining enterprise – extracted minerals (mineral raw materials) which is classified under codes 2505, 2507 00, 2517 according to the Ukrainian Classification of Goods for Foreign Economic Activity, determined according to the methodology approved by the Resolution of the Cabinet of Ministers of Ukraine No. 1374 dated October 15, 2004, in the national currency of Ukraine and provides information on such price to the central executive body implementing the state tax policy.”

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