NEWS & EVENTS: Breaking News
09.02.2010 10:06
Feb 9. Kuzbassrazrezugol to cut coal exports in 2010. Russia’s second biggest coal miner Kuzbassrazrezugol lifted coal exports in the crisis year of 2009, but will reduce coal shipments abroad this year, making domestic coal sales a priority, Reuters wired quoting the coal producer’s chief executive Vasily Yakutov as saying. Kuzbassrazrezugol, Russia’s No. 1 producer of premium thermal coal, cut production volumes in 2009. Yakutov noted that the company plans to extract 49.5 mn t of coal in 2010, including 3.6 mn t of coking coal grades. This year consumers will receive 48 mn t of coal and the company will allocate 1.5 mn t to meet the coal needs of the Kemerovo region. In 2010 the coal producer will export approximately half of the products extracted – this will consist only of thermal coal grades (around 24 mn t) – and has no plans to change coal shipment routes.
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