Mechel reports that its cooperation agreement with Baosteel Resources, which is part of China Baowu Steel, China’s largest steelmaking group, has been prolonged. Since April 2017 and until March 2018, Mechel will supply Baosteel Resources’ facilities with up to 960,000 tons of premium-grade coking coal mined in Southern Yakutia. Coal will be shipped via Mechel’s…
Prime Minister of Ukraine Volodymyr Groysman has supported the introduction of a temporary moratorium on the bankruptcy of coal mining enterprises. “The norm on the moratorium on bankruptcy should be temporary to conduct restructuring, because I believe that some people dishonestly exploit Ukrainian legislation to block the work of Ukrainian mines. I support, and I…
In January-March Russian coal exports climbed by 7% YoY, to 43.591 million tons, the Ministry of Energy statistics said. In March Russia exported 15,489,400 tons of coal. Coal production in January-March totaled 99,352,200 tons including 91,272,200 tons supplied. (Portnews/Ukrainian metal)
Ukraine in the conditions of halting supplies of anthracite from areas that are not under control of the government in the anti-terrorist operation (ATO) zone would cut consumption of anthracite and will cover its shortage thanks to diversified imports, refusing to ship coal from Russia, Ukrainian Prime Minister Volodymyr Groysman has said. “Of course, we…
Salary debts to state miners total 410 million UAH. According to the chairman of the Independent Miners Union Mikhail Volynets, unions are negotiating clearing the debts with the officials. This debt equals a monthly salary fund. The debt accumulated in 2015 and 2016. Officials promised to help. (Ukrainian metal)
In January-March Russian Coal mined 4.045 million tons of coal, up by 8% YoY. The highest growth in output was demonstrated by the enterprises of Krasnoyarskkraiugol – up by 16%. The company explains this with the high demand from the Asia-Pacific region. “Despite the decrease in coal consumption in Europe, the demand for this fuel…
The president of Ukraine Petr Poroshenko suggests taking coal from Ukrainian power companies if they import it from Russia. “The next issue that the president is going to discuss with the National Security Council is the possibility of confiscating coal, which is sent from the occupied mines in Donbass to Russia, and then sold back…
In March Ukraine mined 2.98 million tons of coal, down by 12.8% YoY, or by 438.2 thousand tons. The decrease has to do with the militants occupying coal enterprises of DTEK. According to the Ministry of energy and coal industry, the total yield of DTEK mines (Komsomolets Donbassa, Sverdlovantrazit and Rovenkiantrazit), is 30.3 thousand tons,…
