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Mechel : Southern Kuzbass Coal Company Tops Last Year's Mining Results

11/24/2020 | 02:31am
12 November 2020
Southern Kuzbass Coal Company Tops Last Year's Mining Results

Southern Kuzbass Coal Company (part of Mechel Group) mined a total of 9.2 million tonnes of coal in the first ten months of 2020, which is 38% more year-on-year and 5% more than 2019's total result.

In 10M2020, the volume of preparation works at Southern Kuzbass Coal Company's underground mines went up by 10% and at open pits by 11% year-on-year.

Since the beginning of this year, Southern Kuzbass Coal Company's washing plants processed 17% more coal year-on-year, and the company shipped off 24% finished products year-on-year. On both these counts, the company has already reached the results of the entire 2019.

'This positive dynamics of our production results became a logical consequence of our programs for replenishing our equipment and paying extra attention to planning and mining. We strive to use what resources we have to maximum efficiency and to optimize our production processes,' Southern Kuzbass Coal Company PAO's Managing Director Igor Ritikov said.

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Mechel PAO published this content on 12 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 07:30:05 UTC

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