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)
The Ministry of Energy and Coal Industry has increased the price of coal, mined by state enterprises, by 4.54%, or by 110 UAH, to 2535 UAH per ton (without VAT and transportation expenses) from April 2. The energy minister Igor Nasalik noted that coal witnessed the price increase from December 2017 through March 2018, and…
Rosterminalugol JSC, the largest dedicated coal port in the European part of Russia, handled 5.02 million tons of coal in January-March, up by 2.4% YoY. Amid challenging ice conditions the terminal handled 71 vessels with average daily handling totaling 70,700 tons (up by 13.7%). In the first quarter of the year, coal unloading at the…
Export of Russian coal in January-March increased by 6.8% YoY, to 44.42 million tons, the Ministry of Energy said. In March coal exports from Russia totaled 15.638 million tons. (PortNews/Ukrainian metal)