Russia: Raspadskaya net profit up in H1 2018

In January-June one of the largest coking coal producers in Russia – Raspadskaya – increased revenue by 23% YoY, to $542 million.

Net profit grew by 34%, to $225 million, with EBITDA up from $235 million to $303 million.

At the same time coal output decreased by 9%, to 5.4 million tons. (Ukrainian metal)

Russia: Raspadskaya output down in Q2 2018

In April-June Raspadskaya, one of the Russia’s largest coking coal manufacturers, decreased output by 19% QoQ, to 2.43 million tons. June output dropped because of the decrease of operating long faces from 3 to 2. Moreover, in May the mine had to stop operation to improve industrial safety. “In H2 Raspadskaya mine will resume operation…

Russia: Raspadskaya launches virtual mine

The specialists of Raspadskaya Coal Company have developed a virtual mine named “My Mine”. The program is used to teach mining students and improve experience of miners. With the virtual reality helmets the users can construct an underground infrastructure of the mine, give tasks to virtual employees and control their work. Several users can be…

Russia: Raspadskaya net profit up in 2017

In 2017 Raspadskaya received $319 million of net profit, up 1.7-fold YoY.

According to the company statement, its revenue grew 1.7-fold, to $868 million.

The gross profit reached $459 million, up 2.2-fold YoY. (Ukrainian metal)

Russia: Raspadskaya puts new long face into operation

The Uskovskaya mine of Raspadskaya Coal Company has put into operation a new long face.

Its reserves total 1.7 million tons of coking coal.

The monthly output is planned at the level of 250-270 thousand tons. (Ukrainian metal)

Russia: Raspadskaya starts using drones

Raspadskaya Coal Company has put 2 unmanned flying vehicles in operation. They will increase the safety and speed of mining operations, as well as the precision of calculations. During a 30-minute flight the drone can take 500 pictures. The maximum height of the quadrocopter filming is 500 meters. The new drones can operate under complex…