Kazakhstan: coal producers looking for new markets

Kazakh coal producers are interested in entering new markets in Europe and Asia after the reduction in coal export to Russia, Executive Director of the Republican Association of Mining and Metallurgical Enterprises Nikolai Radostovets said. Russia is set to replace Kazakh coal imports to its own coal, within the program of industry development until 2030.…

Russia: MMK-ugol to increase coal output in 2017

In 2017 MMK-ugol plans to increase coal mining to 4.14 million tons from 3.42 million tons in 2015. For this the company will increase investments – from 1.99 billion rubles to 3 billion rubles. “Capital investments will be directed to the development of mines”, the company CEO Vladimir Kharchenko said. MMK-ugol also intends to prepare…

Ukraine: coal output up in 2016

In December 2016 Ukraine (not taking into account the temporarily occupied territory of Crimea and the ATO zone) mined 2.6 million tons of coal, up by 3% YoY. According to the State Service of Statistics, the output dropped by 0.5% MoM. In 2016 Ukraine mined 29.5 million tons of coal, up by 4.7% YoY. Coal…

Russia: coal output down in December 2016

Russia’s coal output fell by 2.7% YoY but grew by 2.7% MoM in December 2016, the Federal State Statistics Service said. It increased by 3.4% YoY, to 385 million tons in 2016. Russia’s production of iron ore concentrate grew by 0.3% YoY, to 101 million tons in 2016, and production of metallurgical coal coke rose…

Ukraine: state mines’ coal price up

The Ministry of energy and coal industry has increased the sale price of power-generating coal mined by state-run companies by 24.1%, or by 330 UAH, to 1700 UAH per ton. The price increase was announced on December 22, 2016. Last time the ministry increased coal price was on August 1, 2016 – from 1200 to…