Sunday, 15 Jan 2012
Reuters reported that Russian coking coal miner Raspadskaya sold 3.74 million tonnes of coking coal concentrate in 2011, 30% less than the previous year 5.35 million tonnes.
Sales recovered in the fourth quarter of the year, when it sold 969,000 tonnes of coking coal concentrate, up from 926,000 tonnes in the third quarter.
Total raw coal production was 6.25 million tonnes for the year down by 13%. For the final quarter, production stood at 1.58 million tonnes compared to 1.21 million tonnes in the July to September period.
The company which was Russia largest coking coal miner until a deadly 2010 mine accident said last month it plans to produce 8.5 million tonnes of coal in 2012.
(Sourced from Reuters)
Showing posts with label Raspadskaya. Show all posts
Showing posts with label Raspadskaya. Show all posts
Sunday, January 15, 2012
Monday, October 17, 2011
Raspadskaya coal output declines in first nine months
Monday, 17 Oct 2011
It is reported that in the January to September period of the current year, Russia second largest coking coal producer Raspadskaya coal output decreased by 21%YoY to 4.669 million tonnes.
During the period in question, Raspadskaya sales of coal concentrate went down by 38%YoY to 2.766 million tonnes while its sales of run-of-mine coal increased by 8.6 times to 802,000 tonnes.
In 2011, Raspadskaya will cut coal production by 20% from the scheduled level of 8.5 million tonnes.
(sourced steelorbis)
It is reported that in the January to September period of the current year, Russia second largest coking coal producer Raspadskaya coal output decreased by 21%YoY to 4.669 million tonnes.
During the period in question, Raspadskaya sales of coal concentrate went down by 38%YoY to 2.766 million tonnes while its sales of run-of-mine coal increased by 8.6 times to 802,000 tonnes.
In 2011, Raspadskaya will cut coal production by 20% from the scheduled level of 8.5 million tonnes.
(sourced steelorbis)
Tuesday, October 11, 2011
Raspadskaya to miss 2011 coking coal output target by 24pct - Report
Tue, 11 Oct 2011
Russian producer of coking coal OAO Raspadskaya may produce less than 6.5 million tonnes this year, missing its output target by 24% percent, Kommersant reported, citing analysts’ estimates.
Raspadskaya produced 400,000 tonnes of coal a month in July and August versus average 576,000 tonnes a month in the first half, the Moscow-based newspaper said, citing Metal-Courier data.
The company will probably miss its full-year output target of 8.5 million tonnes, according to the newspaper.
Raspadskaya had a market value of about USD 2.2 billion yesterday, while steelmaker Evraz Group SA and Raspadskaya management have been seeking to sell the company for more than $5 billion in the first half of the year, Kommersant said.
(sourced from Bloomberg)
Russian producer of coking coal OAO Raspadskaya may produce less than 6.5 million tonnes this year, missing its output target by 24% percent, Kommersant reported, citing analysts’ estimates.
Raspadskaya produced 400,000 tonnes of coal a month in July and August versus average 576,000 tonnes a month in the first half, the Moscow-based newspaper said, citing Metal-Courier data.
The company will probably miss its full-year output target of 8.5 million tonnes, according to the newspaper.
Raspadskaya had a market value of about USD 2.2 billion yesterday, while steelmaker Evraz Group SA and Raspadskaya management have been seeking to sell the company for more than $5 billion in the first half of the year, Kommersant said.
(sourced from Bloomberg)
Monday, January 17, 2011
Raspadskaya Q4 coal volumes up by 33pct QoQ
Monday, 17 Jan 2011
Reuters reported that Russian coking coal miner Raspadskaya fourth quarter coking coal concentrate sales volumes rose 33% from the previous quarter to 902,000 tonnes thanks to increased production.
The company main mine was shut after an accident in May 2010, though the company made up for some of the lost volumes by increasing production elsewhere. For the full year, coal concentrate sales fell 31% to 5.35 million tonnes.
It restarted some operations at its main mine last month and expects to return to pre accident monthly production levels by the end of this year, allowing it to resume export sales.
Courtsey news by Reuters
Reuters reported that Russian coking coal miner Raspadskaya fourth quarter coking coal concentrate sales volumes rose 33% from the previous quarter to 902,000 tonnes thanks to increased production.
The company main mine was shut after an accident in May 2010, though the company made up for some of the lost volumes by increasing production elsewhere. For the full year, coal concentrate sales fell 31% to 5.35 million tonnes.
It restarted some operations at its main mine last month and expects to return to pre accident monthly production levels by the end of this year, allowing it to resume export sales.
Courtsey news by Reuters
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