The Ministry of energy and coal industry head Igor Nasalik says coal price can still grow. “Coal price should meet European price. We seek to increase the price”, he said. According to him, the coal industry is suffering from the lack of financing. The ministry is working on state subsidies, management quality increase, but still…
The Ministry of energy and coal industry intends to close down 11 state mines. “We will shut down 11 mines. We have chosen 15 mines and can make them profitable; after that we will privatize them”, said the ministry head Igor Nasalik. The remaining 7 most profitable mines will remain in the state ownership. Last…
The Ministry of energy and coal industry supports the idea of implementing coal mining rent. “We do support this rent, but not at the moment – some time later”, said the minister Igor Nasalik. The ministry sees this idea as a way to finance profitless mines at the expense of highly profitable ones. “We take…
In 2016 Ukraine will not be buying coal from the South African Republic, said the head of the Ministry of energy and coal industry Igor Nasalik. “We will stop buying coal. Under the current circumstances and taking into account our abilities, we no longer need to buy their coal”, said the minister. “Our stocks allow…
In January-March DTEK mined 7.2 million tons of coal, up by 5.8% YoY. According to the company statement, the output rise allowed processing factories to increase coal processing and concentrate manufacture – to 5.4 and 3.4 million tons respectively. In Q1 DTEK Rovenkiantrazit, DTEK Sverdlovantrazit and DTEK Komsomolets Donbassa Mine anthracite output increased by 120.4%…
In 2015 Russian companies illegally imported 1.3 million tons of anthracite from the occupied territories of Ukraine. This coal was then exported to Europe and Africa, according to the Russian Customs Service and Russian Railroads. Most of the companies don’t state the origin of such coal. Last year Russia exported some 800 thousand tons of…
In January-April Ukraine imported $463.92 million worth of coal, including $106.65 million in April. According to the State Fiscal Service, Russia supplied $287.41 million worth of coal, USA – $62.38 million, Australia – $35.68 million, while other countries supplied $78.44 million worth of coal. The total imports of the coal reached 5350.46 thousand tons. At…
This year Ukraine doesn’t plan to buy power-generating coal from Russia. “Our stocks total some 3 million tons, and we will be increasing them. Our goal is to spread the coal, not get it. We have enough coal of our own”, said the energy and coal industry minister Igor Nasalik. (Ukrainian metal)
