In January-March Russian Coal mined 4 million tons of coal. Some 1 million tons of power-generating coal were mined at the Stepnoy pit in the Republic of Khakasia. Last quarter the company also mined the 60-millionth ton of coal. The Stepnoy pit was put into operation in 1993. In 2017 it yielded over 4.2 million…
In 2017 Ukraine imported 2.66 million tons of anthracite from Russia, or 78.6% of the total imports. According to the state enterprise Gosvneshinform, imports totaled 3.38 million tons, up 3-fold YoY. “99.5% of all coal from Russia was imported via middlemen. Average price was $99.3 per ton. Directly Russia supplied only 12.1 thousand tons with…
In January-March Boshnyakovsky Coal Pit mined 131 thousand tons of coal. The company owns three licenses to develop coal sites at the Boshnyakovskoye deposits. In 2010 the company obtained the licenses to Soldatskiy-1 and Onnaysky sites, and in December 2017 – to Onnaysky-Southern. This year the latter is expected to yield 0.5 million tons of…
In 2018 Mechel intends to reach coal output at the level of 23.3 million tons. “In particular, UKUZ is expected to yield 9.5 million tons, Yakutugol – 8.5 million tons and Elga – 5.3 million tons. Coking coal concentrate will total 10.7 million tons. Power-generating coal output – 5.8 million tons”, the company CEO Oleg…
In January-March Ukraine increased coal imports by 57.6% YoY, to 5.745 million tons valued at $760.468 million, up by 33.5%. According to the State Fiscal Service, Russia supplied $472.397 million worth of coal (62.12%), USA – $219.929 million (28.92%), Canada – $48.365 million (6.36%) and other countries – $19.777 million (2.6%). In 3 months Ukraine…
Ukraine’s Cabinet of Ministers has obliged state-owned coalmines, which have accumulated significant wage debts owed to coalminers, to funnel 70% of proceeds from coal sales into the repayment of the delayed wages. The relevant decision was made at a government meeting on April 4. “It is proposed to adopt a protocol decision, which stipulates that…
Coal exports in January-March increased by 6.8% YoY, to 44.42 million tons. According to the Ministry of Energy, in March coal exports reached 15.638 million tons. (Ukrainian metal)
Mechel has put into operation a new long face 0-17-16 at the mine named after Lenin, a part of the South Kuzbass coal company. The reserves of the long face are estimated at 650 thousand tons of coking coal. Its length is 200 meters. Investments in the project totaled 230 million rubles. (Ukrainian metal)
