Abstract The article proves the necessity and expediency of using financial leasing by extractive industry enterprises to minimize the cost of purchasing, using, maintaining equipment and maintaining production capacity. Foreign and domestic financial leasing practices analyzed and their direct impact on the development of the country’s economy is determined. Financial leasing will become more accessible and understandable for enterprises of different sectors of the economy after the entry into force of the Law of Ukraine “On Financial Leasing”. The analysis of the value of the concluded financial leasing agreements by sectors of the economy carried out and their basic tendencies defined. It is determined that the volume of concluded financial leasing agreements by extractive industry enterprises has a small share in comparison with other branches of economy. The analysis of the effectiveness of structural changes confirm the low demand for financial leasing by extractive industry enterprises. It is determined that the use of financial leasing by extractive industry enterprises will expand existing production, introduce the latest technologies, minimize costs for the purchase, use, maintenance and upgrade of equipment and means of production.