Ukraine: Cabinet decreases ATO coal deliveries

At present Ukraine gets some coal from mines on the occupied Donbass territories that pay taxes to the state. According to the energy and coal industry minister Igor Nasalik, Ukraine consumes 24 million tons of anthracite coals, with some 2.9 million tons produced at unoccupied territories. All the rest is supplied from mines in the…

Russia: Fosun Group to buy 25% in Polyus

Polyus Gold International Ltd (PGIL) of tycoon Said Kerimov is in talks to sell 25% plus one share in the Russian largest gold producer to China’s Fosun Group for $2 billion. A source reported that the negotiations were at an advanced stage, and the deal might take place in late 2016 or in early 2017.…

Ukraine: SAR coal arrives

The Yuzny trade seaport has received the vessel with 79 thousand tons of anthracite from the South African Republic. The delivery was timely. All the coal is intended for Pridneprovskaya thermal power plant. Unloading will take 3 days. (Ukrainian metal)