December 04, 2008

Volchansky Ugol reduces coal output 16% in 10 months

Interfax reported that Volchansky Ugol, a coal producer from the Sverdlovsk region, reduced coal output 15.8%YoY in January to October to 935,300 tonnes.

Volchansky Ugolsales plummeted 17.9%YoY to 922,100 tonnes. Production and sales fell because shipments to the Refta power plant were reduced in May.

Volchansky Ugol, which mines power-generating coal, increased production 7% to 1.322 million tonnes in 2006 and aims to raise it 5.9% to 1.4 million tonnes this year. It supplies coal to the No.9 Territorial Generating Company and No 5 Wholesale Generating Company.