On November 7, the Commercial Court of Donetsk region declared one of three coal factories of the arrested businessman Vitaliy Kropachov, the Ukraina factory in Ukrainsk, bankrupt. The town of Ukrainsk was occupied by Russian invaders a couple of weeks ago, but the factory encountered problems much earlier. The bankruptcy case was launched in 2020,…
Law enforcers discovered and stopped the operation of a criminal organization that in 2021-2024 was illegally extracting and selling coal. According to the Prosecutor General’s Office, in September 2021, the criminals seized the territory of a mine in Donetsk region. Coal was extracted without special permit and sold via a number of enterprises to the…
Uzbekistan produced 5.3 million tons of coal from January through September. The data from the Statistic Agency showed that coal production increased by 20.4% YoY. The country’s coal production reached 1 million tons in September, up from 900,000 tons in August. (Trend)
The losses of the state-owned company “Mini Maritsa-Istok” are escalating at an alarming rate due to decreased operations and a decline in coal sales, according to a report on the company’s performance in the second quarter of 2024. From January to June, the company generated 116 million leva in operating income, a significant drop from…
Poland has been ordered by an arbitration tribunal to pay GBP 252 million (1.3 billion zloty, EUR 300 million) in compensation to the Australian mining firm GreenX Metals for violating international treaties with regard to a failed coalmine project. The firm announced its successful claim on October 8, with lawyers declaring it a victory against…
Uzbekistan produced 4.3 million tons of coal from January through August. Coal production increased by 16.2% YoY. The country’s coal production reached 900,000 tons in August, up from 800,000 tons in July. (Trend)
Development of Urmezan-3 coal deposit has begun in Batken district of Batken region, the press service of Kyrgyzkomur state enterprise reports. The cost of the project is $3 million. The state company is engaged in coal mining in order to provide the region’s population with low-cost coal. At least 26 people are employed at the…
3,483.7 thousand tons of coal were mined by large enterprises in Uzbekistan in January-July. This production volume increased by 12.4% compared to the corresponding period of 2023. In July, 844.7 thousand tons of coal were mined by large enterprises. (Statistics Agency)
