Ukraine: anthracite consumption to drop in 2018

Ukrainian heat generation industry will in 2018 decrease consumption of deficient anthracite coal to 4.8-4.9 million tons, which is 20% lower than in 2017. “We are seeing a dynamic reduction of anthracite consumption. In 2016 all thermal generation (TPPs and CHPPs) consumed 10.5 million tons, in 2017 it was 6 million tons, and in 2018…

Ukraine: Novogrodovskaya 1-3 and Rossiya mines sold

The Novogrodovskaya 1-3 and Rossiya mines have been sold to a new owner. According to the sources, Valery Atanov, a businessman from Makeevka, represented Eduard Bondarenko, chairman of Donbassenergo, who confirmed his relation to both mines. “By July we are prepared to put a new long face into operation at Novogrodovskaya , which will provide…

Russia: Ingalinskaya-2 coal processing up

Ingalinskaya-2 Mining and Processing Factory in South Yakutia has increased its coal processing capacities to 2.5 million tons per year. Concentrate output depends on the coal grade – from 40% to 63%. “The project capacity of the factory was 1.5 million tons. Last year we reached 1.7 million tons. The factory was put into operation…

Kazakhstan: EDB to fund coal production

The Eurasian Development Bank (EDB) and Bogatyr Komir Company signed a loan agreement to finance Bogatyr Komir’s investment program aimed at modernizing coal production processes at the Bogatyr mine, the press service of EDB said in a message. The document was signed by Andrey Beliyaninov, Chairman of the Management Board, from the EDB, and Murat…