Raspadskaya reduced coal extraction by 19.5% in Q1

​Raspadskaya OJSC in Q1 2016 reduced coal mining by 19.5% against Q1 2015 to 2.256 mln tons.

Compared to Q4 2015 the mining fell by 12%. The company explains the negative dynamics by the putting out of operation of a part of production capacities. The section 5a-7-28bis at the Raspadskaya mine was put out of operation as a result of the planned remounting in  Q1 2016, the cost demanding MUK-96 mine in Q2 2015 and the field of the mine #1 Raspadskaya-Koksovaya as a result of the necessary shutdown at the discovery of carbon oxide in Q3 2015.

The sale volume of coal concentrate in annual terms fell by 13.8% to 1.486 mln tons. The export fell by 6% to 925 thousand tons, sales in Russia reduced by 25% to 561 thousand tons. In the total volume of export 83% of supplies was held to the APR, 17% to Europe. The average weighted price of concentrate fell by 1% to 3,182 roubles/ton.