Authorities of the Russia-supported terrorist-occupied part of Donbass can resume deliveries of coal to Ukraine if the Ukrainian side fulfils the political issues of the Minsk agreements. Because of the conflict in the East Ukraine lost access to most of its mines. The militants-occupied territories contain the most profitable mines, while Ukraine-controlled companies produce cheap…
Southern Kuzbass Coal Company, a part of metals and mining group Mechel, has launched production at the 3-2-7-west coalface with reserves of 915,000 tons at the Sibirginskaya mine in southwestern Siberia, the company said in a statement. Investments in the launch amounted to 344 million rubles, the company said. “The launch of the coal face…
U.K.-based steel and mining giant Evraz, which operates mainly in Russia, expects that coal prices will remain high at least during the next six months, Sergei Stepanov, vice president and head of the coal division, said. The coal price was below $100 per ton at the beginning of the year and grew to over $200…
The current government of Ukraine believes that closing down of profitless mines will solve all the problems in the state coal industry. “We have mines where mining costs 2-4 times as much as on the market”, said the Prime Minister Vladimir Groysman. According to him, coal industry if very problematic from the point of view…
Since the beginning of the year the Pavlogradskaya Central Processing Factory has processed 3 million tons of coal. The factory-processed coal is supplied to 5 thermal power plants. Over 4 years DTEK invested some $28.4 million into the factory development, increasing its capacities to 7 million tons of coal per year (when the factory reaches…
In 2017 the Cabinet of Ministers plans to spend 1.8 billion UAH from the state budget to finance the state sector of the coal industry. “We will have money to restructure mines and support miners. On one hand, we will be restructuring mines, on the other we will be supporting the industry”, said Ukraine’s Prime…
As of September 21, salary debts to the employees of the state coalmining companies have reached 550 million UAH, according to the energy and coal industry minister Igor Nasalik. He added that without 1 billion UAH planned in the state budget for 2017 it would be impossible to stabilize salary payments next year. (Ukrainian metal)
Ukraine has increased its capacities of coal transshipment in ports to 700-720 thousand tons per month. “I am sure, even if we are blackmailed and don’t get coal from the ATO zone, we will cope with this. I have spoken with the ports; we can import 700-720 thousand tons per month. That’s enough to live…