Coal exports via Rosterminalugol Terminal, the largest dedicated coal port in Russia’s North-West region and a member of the largest coal port holding Port Management Company LLC, has reached 16 million tons. The company reported that the milestone was recorded on August 21. The 16-millionth ton was loaded onto Handymax dry bulk carrier Albion Bay.…
The southern part of the Vograshorskaya mine has 23 million tons of coking coal. “It was impossible to get to those deposits, so we decided to construct a separate sloping hole”, Vorkutaugol executive director Yevgeniy Balukov explained. The construction has been complete, and the company has started preparing the breakage face. The development of the…
In January-June Krasnoyarskugol became the leader in power-generating coal mining and sales among Russian Coal enterprises. Coal mining increased by 23% YoY, to 3.2 million tons, while sales rose by 31% because of the growth of deliveries to power generating companies and for exports. In the long-term the Russian Coal Group of Companies will increase…
According to the State Fiscal Service, because of the seizure of Ukrainian companies on the uncontrolled part of Donbass in April-June the state budget has not received around 110 million UAH, while the local budget – some 125 million UAH. In January-July Ukraine increased anthracite coal imports 2-fold YoY, including from Russia. In 2016 Ukraine…
The Ministry of energy and coal industry has recommended increasing the sale price of coal from state mines for power-generating companies and combined heat and power plants by 5%, to 2200 UAH per ton (without VAT and transport costs) to make the enterprises profitable. The corresponding decision was made at the meeting chaired by the…
In January-July Magadan region mined 142.7 thousand tons of coal, down by 33.6% YoY. This year only 2 companies in the region mine for coal: Kolyma Coal Company and Association of business development. Severo-Vostochnaya Coal Company does not mine for coal this year, as it mined enough last year. In 7 months Kolyma Coal Company…
The Ukrainian government intends to reform the coal industry and special measures are already being implemented to strengthen the country’s energy security, Prime Minister Volodymyr Groysman stated in a speech on the occasion of Miner’s Day, the government’s website reports. “For many years there has been and still is a burning need to put into…
In July Ukraine decreased consumption of coal by 19.4% YoY, to 3.57 million tons, but up by 11.3% MoM. According to the State Statistics Service, in 2016 Ukraine consumed 31.3 million tons of coal, up by 9.4% YoY. In June coal consumption decreased by 21.5% YoY, to 3.2 million tons. (Ukrainian metal)
