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MMK update on Q2 coal production

Coal News - Published on Wed, 18 Jul 2018

Image Source: steelguru.com
MMK announced that its coking coal production in Q2 2018 increased by 53.0% QoQ and amounted to 1,323 thousand tonnes. This increase was due to the completion of maintenance work at Kostromskaya mine and after a complex geological area at Chertinskaya-Koksovaya mine was passed.

Coal concentrate production in Q2 2018 amounted to 746 thousand tonnes, up 12.1% QoQ. This growth was due to higher volumes of own materials processing.

In H1 2018, coking coal production increased by 33.9% YoY to 2,187 thousand tonnes. This growth was due to the commissioning of a new longwall at Chertinskaya-Koksovaya mine.

In H1 2018, coal concentrate production increased by 8.0% YoY to 1,412 thousand tonnes. This growth was due to higher volumes of own material processing, which in turn allowed the company to significantly cut coal purchases from the third parties.

Source :

Posted By : Amom Remju on Wed, 18 Jul 2018
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