In January-March Ukraine mined 10 million tons of coal, down by 3.3% YoY, or by 327.8 thousand tons. In particular, power-generating coal output reached 8.6 million tons, up by 7.8% YoY, or by 616.8 thousand tons, coking coal – 1.8 million tons, down by 13.9%, or by 289 thousand tons. Despite the total increase in…
In April Ukraine decreased steel output by 28.6% YoY, to 1.572 million tons. Pig iron output dropped by 30.1%, to 1.443 million tons. Rolled metal production decreased by 31.9%, to 1.341 million tons. In January-April Ukraine decreased steel production by 15.8% YoY, to 6.975 million tons, pig iron by 20.1%, to 6.324 million tons, rolled…
About 20 companies lost their licenses to develop deposits. The decision was made by the State Committee of Industry, Energy and Subsoil Use. The licensing commission suspended the development of four coal deposits: Kok-Yangak, Kozhokelen (the section of Torpu), Suluktinskoye, and Turuk. “United Coal Company” lost two licenses for Karatutskoye field. “Altyn-Beshikkomur” LLC was deprived…
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, says it has exported 7 million tons of coal this year as of May 2. According to the company, the terminal’s throughput surged by 39% YoY. The milestone ton was loaded onto…
DTEK Pavlogradskaya Central Processing Factory in 43 years has processed 150 million tons of coal. This coal is supplied to 5 out of 7 Ukrainian thermal power plants, operating on gas-coal. In 2016 the factory processed 4.8 million tons of coal, an absolute maximum in its history, producing 2.9 million tons of concentrate. “The factory…
DTEK Pavlogradugol has reached a total record of coal mining in its history, having yielded 1.8 million tons of coal in March. The previous historical maximum was reached in December 2013 (1.683 million tons), then in September 2016 (1.674 million tons) and in November 2016 (1.678 million tons). The most coal in March was mined…
In 2016 Velikoanadolskiy Refractory Works received 237.888 million UAH of net income, up by 50.1% YoY. According to the company statement, its net profit totaled 10.444 million UAH against the net loss of 30.159 million UAH in 2015. The undistributed profit was 14.288 million UAH, with EBITDA profit at 9.977 million UAH as opposed to…
State enterprises from Donetsk and Lugansk regions will head the list of the most profitless coal companies in 2017. Toretskugol with the coal prime cost of 5804 UAH per ton and Pervomayskugol (4250 UAH per ton) will get the most losses this year. The reason for this is ineffective management and non-transparent operation of the…