Mechel has prolonged the contract to supply coal to Baosteel Resources, a part of China Baowu Steel. The new agreement is valid till June 2019. Within this period Mechel will ship 700 thousand tons of premium grade coking coal to China – up to 40 thousand tons each month. The price will be set on…
The representatives of several state coal enterprises have started a meeting near the Ministry of energy and coal industry demanding their salary debts to be cleared and the coal industry reanimated. According to them, the document signed by the energy minister Igor Nasalik on the clearing of the 1.5-billion UAH debt to state miners is…
Out of 33 state mines, situated on the Ukraine-controlled territory, only 4 are profitable. On the whole Ukraine has 102 state mines, but most of them are situated on the uncontrolled territory. In January-May state coalmining decreased by 3.6% YoY, while coal cost grew by 30.5%. On July 9 Novovolynskaya mine No. 9 stopped operating…
In January-June Russky Ugol increased sales of Krasnoyarsk power-generating coal by 14% YoY, at the same time Amur coal sales grew by 5%. In particular, in 6 months the company shipped over 1.6 million tons of coal from Amur deposits and some 500 thousand tons of coal from Sayano-Partizansky pit in Krasnoyarsk region. (Ukrainian metal)
In January-June Ukraine increased power-generating coal output by 2.3% YoY, to 13.293 million tons, but decreased that of coking coal by 9%, to 3.2 million tons. According to the Ministry of energy and coal industry, combined coal output in 6 months dropped by 0.1%, to 16.495 million tons. State mines decreased coal output by 8.8%,…
In early August the Ukrainian government expects to get a comprehensive plan for bringing the national coal industry out of crisis, Prime Minister of Ukraine Volodymyr Groysman said during the government’s meeting devoted to situation in the national coal industry. “There’s a need to make clear, specific decisions within the framework of the Energy and…
Prime Minister Volodymyr Groysman has said that the Energy and Coal Industry Ministry should improve its work with state mines and turn them into profitable enterprises. “An important issue is Ukrainian coal: the Energy Ministry must finally fulfill its task and make state mines profitable enterprises, instead of constantly plunging miners into poverty,” Groysman stressed.…
In January-June Russky Ugol mined over 1.6 million tons of coal in Amur region, up by 5% YoY. The Severo-Vostochny pit, the oldest coalmining enterprise in the region, exceeded the output target by 25%. The mining there started in 1932. (Ukrainian metal)
