The Ministry of energy and coal industry suggests giving 1.3 billion UAH in 2017 to finance coal industry. 850 million UAH will be given as subsidies to state mines, while 450 million will be spent on the closing down of profitless coal companies, according to the minister Igor Nasalik. In January-May Ukrainian mines yielded 16.29…
Volyn mines started yielding less coal. Since the year start they have yielded 92.2 thousand tons of coal, down by 20.7% YoY. In 2015 Ukraine mined 39.75 million tons of coal, down by 38.8% YoY, or by 25.23 million tons, including 8.15 million tons of coking coal (down by 49.8%) and 31.6 million tons of…
In January-May Ukraine mined 16287.1 thousand tons of coal, up by 1.5% YoY, or by 238.6 thousand tons. Coking coal output increased by 11%, or by 367 thousand tons, to 3702.7 thousand tons, while that of power-generating coal went down by 1%, or by 128.4 thousand tons, to 12584.4 thousand tons, all YoY. The Ministry…
Last year a group of Ukrainian scientists and DTEK specialists started working on the project of overcoming the difficult and dangerous mine opening. The group had to make course through the Bogdanovsky dislocation with a break in continuity – the gigantic crack in the rock 50 km long – to the new coalbed. The shaftmen…
In January-May Ukraine imported $571.02 million worth of coal and anthracite, with $102.86 million in May. According to the State Fiscal Service, Russia supplied $363.8 million worth of coal, US – $83.83 million, Australia – $38.08 million, and all other countries – $85.3 million. All in all in 5 months Ukraine imported 6583.31 thousand tons…
DTEK welcomes the transition to the new technique of calculating the price, where the coal price is linked with the European coal price index (API2). “Still we don’t feel any positive effect of the new technique yet. But the whole idea of bringing Ukrainian price to international market indexes is a correct decision, as the…
Ukraine’s coal industry needs state support in order to prepare for the heating season of 2016-2017. “Without the state support coalminers will have problems this heating season. I think the government will find funds to provide for the difference in product price”, said the minister of energy and coal industry Igor Nasalik. (Ukrainian metal)
The head of Donetsk regional military-civilian administration Pavel Zhebrivsky wants to divide state mines into 3 categories on the basis of their profitability. The mines that cannot be profitable have to be shut down. “Mines that can be profitable fall into the second category. We will help them open new long faces, and will sell…