In April coal imports increased by 21.1% YoY, or by $42.484 million, to $243.788 million, while exports dropped by 99.7%, or by $6.636 million, to $0.019 million. According to the State Fiscal Service, Russia was the main supplier of coal ($171.08 million). In January-April coal imports grew by 30.3% YoY, or by $233.424 million, to…
The State Service of Geology and Subsoil Use has suspended special permits to mine coal of the Mine “Rossiya” LLC and the Mine 1-3 Novogrodovskaya LLC. The basis for the suspension of the permits is the violation of two clauses of the “Ukrainian Subsoil Code”. The service has given the companies 10 days to set…
At present salary debts to the employees of the state coalmining enterprises amount to 406.8 million UAH and are the result of the difficult economic condition of the state coal sector. “In 2018 we have seen no sufficient support from the state, thus now we have wage debts of over 400 million UAH”, Department of…
Since the start of the year Russky Ugol (Russian Coal) has increased coal output in Krasnoyarsk region by 13% YoY, to 350 thousand tons, at the Sayano-Partizansky pit alone. By the end of the year the output will have increased by 20%. In Q1 75% of all coal mined was exported. Last year the company…
Kuzbassrazrezugol intends to construct 2 processing factories – at the Bachatskiy and Krasnobrodksy open pits. According to UGMK-Holding LLC CEO Andrei Kozitsyn, the project will start after 2020, when the processing factory at the Taldinsky open pit is commissioned. “Thus we will be processing all the coal we mine. In 4 years we will be…
In January-April Zabaykalye region shipped 7.186 million tons of coal, down by 7.6% YoY. According to the regional ministry of natural resources, in January-April 2017 7.777 million tons of coal were shipped from coal deposits. In 2017 the region mined 21.3 million tons of coal. (Ukrainian metal)
This year Kuzbassrazrezugol will spend over 16 billion rubles on the development of its manufacturing capacities, as well as social programs in the Kemerovo region. Last year the company invested 15.6 billion rubles, including 14.6 billion rubles in development, and 311.5 million rubles in state and regional social programs. This year industrial investments will grow…
The prime cost of 1 ton of coal mined at the state enterprises is 1.5 times higher than the price of this coal when sold to the power plants. According to the Ministry of Energy and Coal Industry, in February the prime cost was 3124.9 UAH per ton, while the average selling price was 2033.5…