Russia: Kuzbassrazrezugol cuts 2019 coal production plan
Kuzbassrazrezugol, a part of Ural Mining and Metallurgical Company (UMMC), has reduced the coal production guidance for 2019 to 47 million tons from 50 million tons, the company said citing CEO Sergei Paramonov. “The company continues to pursue an upgrade of facilities, raising investment every year. The annual coal production plan was adjusted due to…