The Karazhyra board of directors approved of the address to Altyn Bank to borrow $7.5 million for 36 months. The company has pledged 1.3 billion tenge worth of material resources to the bank. In January-May the East-Kazakhstan region, where Karazhyra is situated, exported 14255 tons of coal valued at $321.4 thousand to Uzbekistan and 2022…
DTEK Trading LLC has for the first time put 14.5 million tons of gas coal on sale at an auction of the Ukrainian power exchange. All the volume is split into 29 lots of 50 thousand tons each. The initial price of each lot is 2580 UAH per ton with VAT. The coal will be…
In January-June Russian seaports transshipped 384 million tons of cargo, up by 11.3% YoY. According to the Association of sea trade ports, coal throughput increased by 16.2%, to 75.1 million tons, and of ferrous metals – by 0.1%, to 14.6 million tons. (Ukrainian metal)
In 2017 Tugnuysky Open-Pit Mine, a part of SUEK, intends to extract 13.5 million tons of coal, retaining the last year level. Nikolskoye deposits will provide 2 million tons of coal, the rest will be mined at Olon-Shibirskoye deposits. In 5 years reserves of the latter will be thinning out, while mining at Nikolskoye deposits…
In January-June the TALTEK enterprises mined 2.2 million tons of coal, up by 24.4% YoY. Sales increased by 25.5%, to 2.3 million tons. Local sales account for 40%, while exports – 60%. “Constant investments into optimization of manufacturing processes, modernization, decrease of expenses and the high level of labor motivation give us this considerable increase…
In January-May Ukrainian thermal and combined heat and power plants consumed 9.16 million tons of coal, down by 26% YoY. According to the Ministry of energy and coal industry, in May coal consumption decreased by 40.8% YoY, to 1.343 million tons. The drop in consumption is the result of the stop of deliveries from the…
The Industrial-Metallurgical Holding has put into operation two new mines in Kemerovo region: the second stage of Butovskaya mine and the mine named after Tikhov. Investments into construction of Tikhov mine totaled 12,5 billion rubles. The project capacity of the first stage is 1.8 million tons. This year 1 million tons of coking coal will…
In September the Cabinet of Ministers will spend 100 million UAH on individual protection means for the miners. According to the Prime Minister Vladimir Groysman, there are already funds for the project, and in September 100 million UAH more will be added. In May the Cabinet created the concept of reforming and developing the coal…