August 30, 2008

SUEK to increase production to 100 million tonnes in 2007

Mining Journal reported that Russia’s largest coal producer OAO Siberian Coal Energy Co will increase output by about 9% to a record 100 million tonnes.

Mr Vladimir Rashevsky CEO of Siberian Coal Energy Co told reporters that “Exports will rise about 15% to 27 million tonnes. SUEK planned to boost annual output to 160 million tonnes within five years.