Safmar intends to merge two of its coal assets – Kuzbass Fuel Company and Russkiy Ugol.
The united asset will mine over 30 million tons of coal per year, with 20 million tons to be exported.
Russkiy Ugol assets are situated in Amur and Krasnoyarsk regions, as well as the Republic of Khakasia. They comprise 7 coalmining enterprises, a processing factory, power, transport and repairing enterprises. Its capacity is 14 million tons of coal per year, with 3.5 million tons exported.
At the same time, most of Kuzbass Fuel Company coal is exported. Last year it supplied 7.17 million tons to Eastern Europe and 5.26 million tons to Asian-Pacific Region. Mining reached 15.7 million tons. The company includes 4 pits and 2 processing factories. (Ukrainian metal)