The Ministry of energy and coal industry fulfills its obligations to the miners. In particular, the issue with the coal sales has been settled. Two blocks of the Zmiyev TPP will be put into operation in March-May, which will increase coal purchases. According to the energy minister Igor Nasalik, all the purchasing procedures in the…
Ukraine cannot do without the coal from the Russia-supported terrorist-occupied territories of Donbass. “As to the matter of trade with the occupied territories, well, trade is not a correct wording. There are things that are vital for our economy. For example, our power grid needs coal”, the Security Service of Ukraine chairman Vasily Hrytsak said.…
The minister of energy and coal industry Igor Nasalik has created a working group to check the purchases of equipment by state mines. By January 31, the group will have checked products, services, operations as well as correspondence to the current legislation of purchases of mining equipment valued at 300 million UAH. Directors of coalmining…
In 2016 coal stocks in Ukraine decreased by 34.6% YoY, to 4.183 million tons. According to the State Statistics Service, this does not take into account the temporarily occupied territories of Crimea and the Antiterrorist operation zone. (Ukrainian metal)
In 2016 Yakutugol, a part of Mechel, mined 9.9 million tons of coal, up by 8% YoY. Neryugrinsky pit yielded 9.3 million tons, up by 10% YoY. This is a record for the enterprise since 2008. Kangalassky pit also demonstrated a considerable growth in mining. Last year it yielded 170 thousand tons of coal, up…
The prime minister of Kazakhstan Bakytzhan Sagintayev said that the country might soon lose the Russian coal market. “We have long been witnessing that Russia has been decreasing coal purchases. And the technologies are developing fast. Soon we might lose the market that we have today. We need to think of some other ways”, he…
The first deputy Prime Minister Askar Mamin suggests increasing coal exports to China. “China has increased its coal imports to 200 million tons. We have to see if we can increase our exports there. This is a large market. We have to see if we can supply from bordering regions”, he said. The prime minister…
The Belarus Universal Commodity Exchange (BUCE) has concluded the largest deal in its history – the purchase of 120 thousand tons of coal at the price of $8.64 million. 9 sellers and 4 buyers participated in the trade, and as the result of just one trade section the company was able to cover half of…