In January-May Ukraine imported $1.036 billion worth of coal, up 2-fold YoY. According to the State Fiscal Service, the major suppliers were Russia (52%), USA (25.5%) and Canada (7%). In particular Russia supplied $538.9 million worth of coal, up from $363.8 million, USA – $264.5 million, up from $83.8 million, and Canada – $72.8 million.…
The Ministry of energy and coal industry reports that in April the prime cost of coal at state mines increased by 13.8% MoM, or by 384.1 UAH per ton, to 3159.67 UAH per ton. The prime cost of coal is 45.7%, or 1443.17 UAH per ton, more than its average sale price (1716.5 UAH per…
SUEK has put a new long face No. 70-10 at the Taldinskaya-Zapadnaya 2 mine into operation. The expected output is 500 thousand tons of coal per month. The reserves of the face will be enough till the end of the year. SUEK invested over 2.3 billion rubles into the project. (Ukrainian metal)
In January-April the republic of Buryatia mined 1177.5 thousand tons of coal, up by 50.8% YoY. According to the regional ministry of natural resources, the increase was the result of the coalmining start at Nikolskoye deposits of Tugnuysky open-pit in June 2016. (Ukrainian metal)
Russia has enough coking coal for 25 years, the minister of energy Alexander Novak declared. “Industrial stocks of operating enterprises as of January 1 totaled 1.183 billion tons. Last year we mined 43.694 million tons. Thus we have enough coking coal for 25 years”, he said. (Ukrainian metal)
Ukrainian miners, as usual, do not receive salary for several months. But the Cabinet of Ministers claims that it has already provided money to clear debts, and salary will rise. The price of 1 ton of coal will increase from 1730 UAH to 2 thousand UAH. According to the minister of energy and coal industry…
Rosterminalugol JSC, the largest dedicated coal port in the Baltic region, a part of Russia’s largest coal port holding Port Management Company LLC, has exported 9 million tons of coal this year (as of May 29). According to the company, the terminal’s throughput surged by 41% YoY. The milestone ton was loaded onto Post-Panamax lainpalais,…
Production of thermal and coking coal in Ukraine declined by 3.2% YoY in January-April, to 13.069 million tons, according to the Ukrainian Energy and Coal Industry Ministry’s press service. State-owned mines alone produced 1.673 million tons of coal or 12.8% of the total output over the period under review, while coal production at the state…