SUEK

Kuzbass wants to supply more coal to Japan

The authorities of Kuzbas have held talks about a possible increase in volume of coal exports to Japan. This was announced by the Governor of the region S.

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Suek to export more than 50 million tons of coal in 2019

The Siberian coal energy company (Suek) expects to export more than 50 million tons of coal by the end of 2019.

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Far Eastern Energy Company valued at 19 billion rubles for the transaction with Andrey Melnichenko's structures

Kommersant became aware of the details of the upcoming asset swap deal between RusHydro and the structures of Andrey Melnichenko (who owns EuroChem and SUEK) in their joint Far East energy company

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Rosseti can buy Suek’s share in IDGC of Siberia

Rosseti wants to buy from Suek, the largest minority shareholder of IDGC of Siberia, its 40.4%. This proposal was a response to the idea of Suek itself to take control over IDGC.

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Unmanned BELAZes tested at Chernogorsky coal mine in Khakassia

SUEK-Khakassia LLC is testing the domestic complex of robotic coal transportation based on BELAZ-7513R mining dump trucks.

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In H1, net profit of Suek under IAS amounted to $551 million

For comparison: in the first half of the previous year, the company's profit was $654 million.

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SUEK buys railway business from Alexander Nesis

In April of this year Andrei Melnichenko's SUEK, which is considered the largest coal miner in Russia, bought the leasing company Nitrokhimprom, which owns a fleet of 16,000 innovative cars wit

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Since the beginning of the year Suek reduced its net profit by 15.7%

Siberian coal energy company (Suek) reduced its net profit by 15.7% since the beginning of the year to $551 million.

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3 million tons of coal produced in Buryatia in the first five months of 2019

In January-May 2019, 3.1 million tons of coal were produced in the Republic of Buryatia.

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Suek receives $50 million loan from a Japanese Bank

The Japanese Bank for International Cooperation (JBIC) has opened an export credit line for the coal mining company Suek. This was reported by the press centre of the company.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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