The prime cost of 1 ton of coal mined at the state enterprises is 1.5 times higher than the price of this coal when sold to the power plants. According to the Ministry of Energy and Coal Industry, in February the prime cost was 3124.9 UAH per ton, while the average selling price was 2033.5…
In January-April the throughput of Russian seaports totaled 260.1 million tons, up by 3.7% YoY. According to the Association of Sea Trade Ports of Russia, coal throughput grew by 3.4%, to 49 million tons, and ferrous metals – by 11.1%, to 10.8 million tons. (Ukrainian metal)
In January-April Chukotka Autonomous District mined 225.8 thousand tons of coal, up by 13.2% YoY. Beringpromugol and Ugolnaya Mine are the main coalmining companies in the region. In particular, this year Beringpromugol intends to mine 600 thousand tons of coal. Last year the region yielded 445.3 thousand tons of coal. (Ukrainian metal)
Since the start of the year and as of May 15, Rosterminalugol has exported 8 million tons of coal. In 2017 the result was reached on May 17. The 8-millionth ton was a part of the batch loaded onto Post-Panamax bulker Proteas (83.5 thousand tons). The vessel has been the 13th at the terminal since…
In January-April Magadan region mined 261.8 thousand tons of coal, up almost 2-fold YoY. The increase has to do with the scheduled growth of output at the Kolyma Coal Company, which became the leader in coalmining. Two more companies are operating in the region – Association of business cooperation LLC and North-Eastern Coal Company LLC.…
The state enterprise Krasnolimanskaya Coal Company (Donetsk region) has been included in the list of 26 enterprises to be privatized, as approved by the government. The enterprise is subject to the Ministry of energy and coal industry and is being privatized under the decree “On the peculiarities of privatization of coalmining enterprises”. (Ukrainian metal)
The State Property Fund has included the Novovolynskaya mine No. 10 in the list of enterprises subject to privatization. The mine was included in the list according to the fund order No. 447 dated March 27. In late 2017 the Prime Minister of Ukraine Vladimir Groysman said it was necessary for the state to finish…
In April Russia mined 35.32 million tons of coal, up by 5.8% YoY, while exports increased by 0.7%, to 15.34 million tons. Deliveries to the domestic market grew by 17.5%, to 15.1 million tons. Imports dropped by 12.7% YoY, to 1.58 million tons. SUEK mined 9.2 million tons of coal, down by 1.2%, Kuzbassrazrezugol –…
