A company, which has obtained a license for exploration of a coal deposit, has temporarily suspended its activities, Head of Alai district of Kyrgyzstan, Zamirbek Moldokulov, has reported. According to him, a meeting with residents of Lenin village on the coal deposit, located in Taigak-Tash area, has been held. “It was not a rally, but…
In 2019 Kazakhstan exported 28.1 million tons of coal, down by 3.8% YoY. According to the Ministry of Industry and Infrastructure Development, the export decrease is due to the drop of coal demand on foreign markets. Exports to Russia went down by 4.1%, to 21.01 million tons, and to far foreign countries – by 23%,…
Ukrainian President Volodymyr Zelensky has promised to develop and discuss with the public the plans to reform and modernize coalmines. He stated this at a meeting with employees of the Mezhyrichanska coal mine of the Lvivvuhillia state enterprise in Chervonohrad on February 6. “First there will be plans, then we will discuss them with the…
Poland’s state companies will no longer buy coal in Russia, State Asset Minister Jacek Sasin declared on February 6. “I can say that I have completed negotiations with the executives of state companies on the issue and they will no longer import coal. I can say that this is not only about Russian coal. It…
Russian Railways has agreed with Kazakhstan on a 65% discount on Russian coal transit to China, Deputy CEO Alexei Shilo has said at a briefing. “Since we cannot move from Kuzbass to the East via Mariinsk–Mezhdurechensk with the amount that the cargo consignors want, we have offered: let’s see how to go to Kazakhstan and…
The World Bank intends to support the mitigation of social and environmental impacts of the coal industry restructuring in Ukraine, according to the Ministry of Energy and Environmental Protection. “The World Bank, with the support of the European Commission and other international financial institutions, intends to support the mitigation of social and environmental impacts as…
The Yuzhniy Sea Trade Port has started designing a complex to transport coking and power-generating coal. The construction is envisioned in the company reconstruction program. 5.5 million UAH will be invested in the design work. At present the port processes some 2.6 million tons of imported cargo. The new complex will allow it increasing processing…
A-Property, a company of co-founder of the Russian telecom operator Yota Albert Avdolyan, has asked the Federal Antimonopoly Service to approve an acquisition of 100% in the Elga coalfield from Gazprombank and metals and mining group Mechel. The request says that the combined value of A-Property’s assets exceeds 7 billion rubles, while the value of…