On May 20, the first repeated auctions of the State Service for Geology and Subsoil of Ukraine to sell special permits for geological study and research and industrial development of molybdenum ores, groundwater, clay and loams were held.

The most expensive was a site with a license to mine molybdenum ores. The winner, who worked through the electronic platform of CE Ukrainian Energy Exchange, offered the highest price of 2.5 million UAH.

"We are proud that our managers not only fully advise the participants during the preparation of bidding, but also cooperate with the State Service for Geology and Subsoil of Ukraine, helping them to provide lots for the auctions more than a year. Since this format of issuing licenses for geological exploration and production of mineral resources is open and transparent. Therefore, we will continue to actively search for investors," the Chairman of the exchange committee of the Ukrainian Energy Exchange, Oleksii Dubovskyi, said.

The State Service for Geology and Subsoil of Ukraine within a short period has become one of the largest organizers of bidding at Prozorro.Sale. It has already conducted 46 successful auctions worth over half a billion UAH. By the way, half of these auctions were won by the participants who worked through the marketplace of the Ukrainian Energy Exchange.

We shall remind you that the next auction of the The State Service for Geology and Subsoil of Ukraine is scheduled for May 26. Details and registration for participation in the auction at: sale.ueex.com.ua.