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…
The Yuzhnodonbasskoye Mine Group No. 1 has chosen the individual entrepreneur Ushakov the winner of the tender to supply timber. The offer of the businessman was 3.58 million UAH. The offer of another participant – I.S.I. Wood Ukraine (2.48 million UAH) – was rejected because of the error in the documents. Instead of the total…
In 2016 DTEK mined 4.5 million tons of anthracite coal on the occupied territories of Donbass, up by 36.3% YoY. The A-grade coal there is mined by DTEK Rovenkiantrazit and DTEK Sverdlovantrazit. In particular, Rovenkiantrazit mined 2.2 million tons of coal and Sverdlovantrazit – 2.3 million tons, up by 43% and by 30% YoY respectively.…
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.…
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…