Since the start of the year the Raspadskaya miners have yielded 4 million tons of coal, becoming one of the first in Kuzbass to reach the result in just less than 7 months. The mine’s average monthly output is 420-700 thousand tons of coal. This year’s goal is 5.5 million tons of coal. (Ukrainian metal)
The Raspadskaya Processing Factory has processed 100 million tons of coal, since it has been put into operation. The factory started operating in 2005. The enterprise processes coal of 0-300 mm classes. Its project capacity is 15 million tons of coal per year with daily norm of some 38 thousand tons. (Ukrainian metal)
Russian coal producer Raspadskaya will consider paying final dividends for 2017, investment company Aton said in a research note after meeting with representatives for Raspadskaya’s parent company Evraz. But the company does not want to rush with dividends, as good financial results for January-June may be temporary due to the pressure from the rising ruble…
In January-March Raspadskaya increased coal concentrate sales by 4% QoQ and by 11% YoY, to 1.696 million tons. The sales structure returned to its usual level (40% local sales and 60% exports) on the background of local market sales drop to 678 thousand tons. Local sales decreased by 9% because a part of Russian metal…
Since the beginning of 2017 the Raspadskaya miners have yielded 1 million tons of coal, up by 19% YoY. “Since the end of 2016 the miners have been keeping pace of work. To effectively mine coal this year the company carries out a massive modernization of mining equipment”, the Raspadskaya Coal Company CEO Sergey Stepanov…
In H2 2017 Raspadskaya will clear $170-180 million of its debt and could ponder the long-term clearing during the year on the background of high coal prices. “We want to clear some $180 million of Raspadskaya debt. If there is enough free money, we could clear it quicker”, the company CEO Sergey Stepanov said. As…
In 2016 Raspadskaya decreased coking coal supplies to Evraz Ukraine enterprises 3.6-fold, to 56 thousand tons. Evraz Ukraine share in Raspadskaya coal supplies decreased by 1% from 3% in 2015. Last year Raspadskaya sold 6.439 million tons of coal, with 3.627 million tons being exported. Most of the coal exported (except for Ukraine) was sold…
The board of directors of the Russian coal producer Raspadskaya has recommended paying no dividends for 2016, the company said in a statement. The board has recommended spending 6.752 billion rubles of the net profit of 12.957 billion rubles to redeem a loss of previous years and leaving the remaining 6.205 billion rubles undistributed. The…
