Viable rail link between Ovoot and Russian border confirmed by preliminary economic assessment
The rail subsidiary of Aspire Mining Limited has received a PEA for a rail link between the company’s Ovoot project and the border with Russia.
Browse the latest russia coal news news and articles.
The rail subsidiary of Aspire Mining Limited has received a PEA for a rail link between the company’s Ovoot project and the border with Russia.
For the first time, the East Mining Company has reached an annual production rate of 5 million t.
SUEK’s top managers finish at the top of the Top 1000 Russian Managers’ league table, usually within the ‘Power Industry’ section.
East Mining Company and Marubeni Corporation have signed an engineering and design co-operation MoU for the coal industry.
The V.D. Yalevsky mine in Russia, which is operated by SUEK, produced a total of 1.6 million t of coal in August, setting a world record for monthly productivity in the coal industry.
East Mining Company has received a long-term credit rating, which has a stable outlook.
Russian coal production reached 210 million t in the first half of the year, up by over 5%.
3.3 million t of coal were produced from the Solntsevsky Coal Mine, Russia, owned by the East Mining Company in the first half of this year, 240% higher than the indicators of the same period last year.
Russian coal supplies to Asia Pacific might decline in July due to delivery disruptions.
Vostochny port (Russia) handles 5% more coal in the first half of 2018 compared with the same corresponding period in 2017 which equates to an all-time record.
Russian coal prices in Europe have reached a six year high of US$93.44/t.
Mechel will supply Baosteel Resources’ facilities with up to 700 000 t of premium-grade coking coal.