A consortium of China Coal Technology & Engineering Group Corp. and China Railway Tunnel Group Co., Ltd. has started the main preparatory work within the project to modernize capacities of Uzbekistan’s Shargunkumir JSC, an official with the Uzbekcoal JSC reported. The project worth $94.5 million is expected to be implemented in the first quarter of…
In January-August Chukotka Autonomous District mined 317.4 thousand tons of coal, up by 68% YoY. At present 2 companies develop coal sites – Shakhta Ugolnaya and Beringpromugol LLC. In 8 months Shakhta Ugolnaya shipped 153.5 thousand tons of coal, down by 19% YoY, while Beringpromugol mined 163.9 thousand tons at the Fandyushkinskoye deposits. This year…
In 2017 Russian coal exports to the Asia-Pacific Region countries will exceed $5 billion. The share of coking coals will reach 25% against 18% in 2014. Coal transportation through Far Eastern ports in 2016 totaled 60%, up from 46% in 2009. 88% of Russian coalmining companies expect an increase in world coal prices in 2017.…
The state budget for the year 2018 does not provide for the subsidies to state coalmines. “Subsidies for mines are not stipulated in the 2018 budget project”, the minister of finances Alexander Danilyuk said. The chairman of the Donetsk military-civilian regional state administration Pavel Zhebrivsky in early June said that by autumn 2018 all the…
Russian coal exports in January-August increased by 7.8% YoY, to 122.456 million tons, the Ministry of Energy of Russia statistics showed. In August, the commodity exports totaled 15,605,000 tons. Coal mining in the eight-month period reached 264,301,000 tons, with 230,404,000 tons supplied. (PortNews/Ukrainian metal)
In August Russia exported to Europe some 175 thousand tons of coal, illegally taken from the occupied Lugansk and Donetsk regions of Ukraine. According to the Federal Customs Service, exports decreased by 34% MoM, or by 92 thousand tons. The largest exporter of Ukrainian coal is Gaz-Alyance, controlled by Sergey Kurchenko. In August it exported…
Rosterminalugol, the largest dedicated coal port in the North West of Russia (a part of Port Management Company LLC) handled more than 15.9 million tons of export coal in January-August, up by 42% YoY, the terminal operator said in a press release. In the reporting period, Rosterminalugol unloaded 16.2 million tons of coal from 226,064…
In January-August Ukraine imported 11215.24 thousand tons of coal valued at $1685.139 million, including $212.998 million in August, up by 10% and by 86.8% YoY respectively. At the same time Ukraine exported 419.522 thousand tons of coal valued at $67.83 million, including $36.449 million to Russia, $25.746 million to Slovakia, $2.566 million to Turkey and…