Raspadskaya delivers stronger 2Q16

Raspadskaya’s raw coal production totaled 2.6 million t in 2Q16 – a 16% quarter-on-quarter rise – mainly on the back of higher output at Razrez Raspadsky and the Raspadskaya mine.

Sales of metallurgical coal concentrate amounted to 1.6 million t as shipments to Russian metals producers rose. Domestic sales hit 0.622 million t – up 4%. Exports reached 0.967 million – up 5% on increased demand from premium markets in Japan and South Korea.

Export sales remained 61% of the total concentrate sales with the majority (around 85%) going to the markets in the Asia-Pacific region. The remainder went to Europe.

Edited by Jonathan Rowland.

Read the article online at: https://www.worldcoal.com/coal/21072016/raspadskaya-delivers-stronger-2q16-results-2016-2055/