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Tuesday, September 27, 2011

JSW coking coal output may drop this year

Tuesday, 27 Sep 2011

Poland top coking coal miner JSW could see a drop in output to 12.5 million tonnes this year from 13.3 million tonnes in 2010

An accident earlier this year forced a cut in production at one of JSW's mines, but the miner expects output next year to rebound by 1 million tonnes following the restart of production on one of its walls.

Mr Andrzej Tor Deputy Chief Executive said "Despite unfavourable events in the first half of this year our actions will allow JSW to return to proper levels in the fourth quarter."

(Sourced from Reuters)

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