Ukraine: Coal Energy to sell Donetsk mine

Coal Energy S.A. board of directors decided to sell its Donbassuglerazrabotka (Vasily Veliky mine, Donetsk) to minimize losses. “To bring the mine to the profitable level will require too much investments, while ours are highly limited”, said the company in its statement. Coal Energy unites 10 coalmines and processing units. In July 2015 – June…

Ukraine: coal export-import in H1 2016

In January-June Ukraine imported $678.2 million worth of anthracite and coal, with $102.09 million in June. According to the State Fiscal Service, Russia supplied $446.26 million worth of coal, USA – $95.93 million, Australia – $43.28 million, and other countries – $92.72 million. The total volume of coal supplied reached 7779.35 thousand tons. At the…