SUEK reports coal production increases for 1H16

SUEK has produced 53.3 million t of coal during the January to June 2016 period, representing a 15% increase over the corresponding period of 2015.

Sales volumes for 1H16 increased 6% year-on-year and amounted to 52.6 million t of coal.

Domestic coal sales volumes grew 9% year-on-year to 28.4 million t as reduced water levels in reservoirs affected hydroelectricity generation and led to stronger demand for coal. Sales volumes to electric power plants consisted of 23.5 million t.

International sales volumes rose 6% year-on-year and amounted to 24.2 million t of coal. China, South Korea, Japan, the Netherlands, Taiwan, India, Turkey, and Morocco were the main international markets for SUEK in the reporting period.

Edited from press release by Harleigh Hobbs

Read the article online at: https://www.worldcoal.com/coal/19072016/suek-1h16-coal-production-sees-increases-2041/