Ukraine: DTEK to give up Russian coal in favor of Australian coal

DTEK, which produces some 70% of electricity in Ukraine, has received the first offers from power-generating coal suppliers from SAR and Australia, who can sell it at 1.7-2.15 thousand UAH ($68.5-86.6) per ton with 5.7 thousand kcal quality. According to the company commercial director John Woodham, deliveries from the temporarily uncontrolled territories (the so-called Donetsk…

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Ukraine: H1 2016 coal mining down

In January-June Ukrainian companies mined 18975.1 thousand tons of coal, down by 2.6% YoY, or by 496.6 thousand tons. According to the Ministry of energy and coal industry, coking coal mining went up by 7.3% YoY, or by 4357.1 thousand tons, while that of power-generating coal dropped by 5.1% YoY, or by 793.6 thousand tons,…

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Ukraine: metal sales to increase

In 2016 metal consumption in Ukraine will grow by 2.6% YoY, or by 3358 million tons, according to Metinvest-SMC. “We believe the rise will continue next year as well. At least all the companies involved should demonstrate better results”, said the company CEO Dmitry Lippa. He also noted the increase in the mining industry by…

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