SUEK produces 105.4 million tonnes of coal in 2016

In January-December 2016, SUEK production facilities produced 105.4 million tonnes of coal, representing an 8% increase year-on-year. Sales volumes in the twelve months of 2016 increased by 2% compared to 2015, amounting to a total of 103.1 million tonnes of coal. Sales to Russian customers amounted to 51.2 million tonnes of coal, 39.5 million tonnes of which were delivered to electric power plants. The 6% year-on-year sales decline was mainly due to lower coal consumption by power plants as high water levels in Siberia and the Russian Far East supported higher output at hydroelectric power plants. International sales grew by 11% year-on-year to 51.9 million tonnes of coal. SUEK’s key export markets include China, South Korea, Japan, the Netherlands, Taiwan, India, Germany, Turkey and Poland.
Tags: Production Sales
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