Kazakh coal producers are interested in entering new markets in Europe and Asia after the reduction in coal export to Russia, Executive Director of the Republican Association of Mining and Metallurgical Enterprises Nikolai Radostovets said. Russia is set to replace Kazakh coal imports to its own coal, within the program of industry development until 2030.…
In 2017 MMK-ugol plans to increase coal mining to 4.14 million tons from 3.42 million tons in 2015. For this the company will increase investments – from 1.99 billion rubles to 3 billion rubles. “Capital investments will be directed to the development of mines”, the company CEO Vladimir Kharchenko said. MMK-ugol also intends to prepare…
In December 2016 Ukraine (not taking into account the temporarily occupied territory of Crimea and the ATO zone) mined 2.6 million tons of coal, up by 3% YoY. According to the State Service of Statistics, the output dropped by 0.5% MoM. In 2016 Ukraine mined 29.5 million tons of coal, up by 4.7% YoY. Coal…
Russia’s coal output fell by 2.7% YoY but grew by 2.7% MoM in December 2016, the Federal State Statistics Service said. It increased by 3.4% YoY, to 385 million tons in 2016. Russia’s production of iron ore concentrate grew by 0.3% YoY, to 101 million tons in 2016, and production of metallurgical coal coke rose…
In 2016 SUEK enterprises mined 105.4 million tons of coal, up by 8% YoY. Sales increased by 2% YoY, to 103.1 million tons. Russian consumers received 51.2 million tons of coal, with 39.5 million tons supplied to power companies. Decrease of supplies to the local market totaled 6% due to the drop in coal consumption…
The Ministry of energy and coal industry has increased the sale price of power-generating coal mined by state-run companies by 24.1%, or by 330 UAH, to 1700 UAH per ton. The price increase was announced on December 22, 2016. Last time the ministry increased coal price was on August 1, 2016 – from 1200 to…
In 2017 state mines, managed by the Ministry of energy and coal industry, are expected to increase coal output 1.6 times YoY, or by 3.336 million tons, to 9.125 million tons. “None should question our goal of mining 25 thousand tons of coal per day”, the minister Igor Nasalik said. In 2016 the ministry-run mines…
The Volyn region governor Vladimir Gunchik says there are no salary debts to state miners as of January 1. “As of January 1, the issue of debt to miners as to their salary has been settled”, he said. As of December 1, 2016 the salary debts to Volyn region miners totaled 8.792 million UAH. (Ukrainian…