The production volume of the Sibanthracite Group amounted to 22.639 million tonne in 2021, of which high-quality anthracite ultra high-grade was 14.586 million tonnes & metallurgical coal of grade T 8.53 million tonnes, up 28% YoY. In terms of production growth dynamics, 2021 was a record year for the company. Sibanthracite plans to maintain high production rates over the next three years due to continued growth in demand for its products in international markets.Sibanthracite exports over 90% of its products. Shipment to consumers in 2021 amounted to 22.320 million tonnes. The number of long-term contracts with consumers is 70%. Deliveries to the key market China increased by 18%, to India in 2021 increased by 51% and to South Korea by 38%. In addition, sales increased by 62% in Europe.In 2021, Sibanthracite diversified and increased the efficiency of export shipments: it began deliveries via the Northern Sea Route from the port of Ust-Luga, shipped coal by large-capacity ships from the port of Taman, signed a contract with JSC Murmansk Commercial Sea Port MMTP, part of the NTK division of SUEK Group an agreement on the transhipment of 3 million tonnes of coal in 2022, with the possibility of further increasing volumes and prolonging the agreement until the end of 2024.Sibanthracite Group is Russia's largest producer of metallurgical coal and world leader in the production and export of high quality UHG anthracite. Sibanthracite Group was established in 2018. The Group includes the leading coal companies of Novosibirsk region: Siberian Anthracite and Open-Pit Mine Vostochny (both anthracite producers), and Open-Pit Mine Kiyzassky (a major T grade coal producer in the Kemerovo region.
The production volume of the Sibanthracite Group amounted to 22.639 million tonne in 2021, of which high-quality anthracite ultra high-grade was 14.586 million tonnes & metallurgical coal of grade T 8.53 million tonnes, up 28% YoY. In terms of production growth dynamics, 2021 was a record year for the company. Sibanthracite plans to maintain high production rates over the next three years due to continued growth in demand for its products in international markets.Sibanthracite exports over 90% of its products. Shipment to consumers in 2021 amounted to 22.320 million tonnes. The number of long-term contracts with consumers is 70%. Deliveries to the key market China increased by 18%, to India in 2021 increased by 51% and to South Korea by 38%. In addition, sales increased by 62% in Europe.In 2021, Sibanthracite diversified and increased the efficiency of export shipments: it began deliveries via the Northern Sea Route from the port of Ust-Luga, shipped coal by large-capacity ships from the port of Taman, signed a contract with JSC Murmansk Commercial Sea Port MMTP, part of the NTK division of SUEK Group an agreement on the transhipment of 3 million tonnes of coal in 2022, with the possibility of further increasing volumes and prolonging the agreement until the end of 2024.Sibanthracite Group is Russia's largest producer of metallurgical coal and world leader in the production and export of high quality UHG anthracite. Sibanthracite Group was established in 2018. The Group includes the leading coal companies of Novosibirsk region: Siberian Anthracite and Open-Pit Mine Vostochny (both anthracite producers), and Open-Pit Mine Kiyzassky (a major T grade coal producer in the Kemerovo region.