Kuzbassrazrezugol increases investments for 2011
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Sunday, 03 Apr 2011
It is reported that in 2011, Russian coal mining company Kuzbassrazrezugol plans to increase its investments from RUB 10.3 billion in 2010 to RUB 13.9 billion including RUB 7.6 billion for transport and mining equipment acquisition, RUB 5.3 billion for major construction work and not less than RUB 658.7 million for railway transport development.
In 2011, Kuzbassrazrezugol plans to produce 47 million tonnes of coal which is less than the 49.71 million tonnes of coal produced in 2010.
(Sourced from SteelOrbis)
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