SUEK will invest over RUB 250m (approximately US$4 million) in environmental programmes in Krasnoyarsk in 2017.
First coal has been mined and trucked from Tigers Realm Coal’s Project F to the coal stockpiles at the Beringovsky Port in Russia.
Tigers Realm Coal has completed the capital development programme at its Project F coal project and anticipates coal production by end-2016.
An automatic announcement system called ‘Sprut-Inform’ has been commissioned at the Kharanorsky open pit.
Mechel expects contract prices for its metallurgical coal to be substantially higher in 1Q17 on the back of strong spot prices.
The agreements are associated with 2017, which has been proclaimed the year of the environment in Russia.
Russian coal company, Kuzbasskaya Toplivnaya Co. (KTK), recorded year-on-year coal production growth of 16% in 3Q16.
Russian coal company is aiming to increase its production of washed coal as a way of mitigating the fall in prices for ROM coal.