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SUEK reports coal production increases for 1H16

SUEK has produced 53.3 million t of coal during the January to June 2016 period, representing a 15% increase over the corresponding period of 2015.

Sales volumes for 1H16 increased 6% year-on-year and amounted to 52.6 million t of coal.

Domestic coal sales volumes grew 9% year-on-year to 28.4 million t as reduced water levels in reservoirs affected hydroelectricity generation and led to stronger demand for coal. Sales volumes to electric power plants consisted of 23.5 million t.

International sales volumes rose 6% year-on-year and amounted to 24.2 million t of coal. China, South Korea, Japan, the Netherlands, Taiwan, India, Turkey, and Morocco were the main international markets for SUEK in the reporting period.

Edited from press release by Harleigh Hobbs