KyivPost

Sadovaya Group sees 2% fall in coal extraction in June, coal sales 48.3% down

Print version
July 20, 2012, 1:51 p.m. | Business — by Interfax-Ukraine

Sadovaya Group, a large private steam coal producer in Ukraine, in June 2012 cut coal production by 2% compared to 2011, to 38,250 tonnes, reads a company report issued on the Warsaw Stock Exchange (WSE).
© www.dtek.com

Sadovaya Group, a large private steam coal producer in Ukraine, in June 2012 cut coal production by 2% compared to 2011, to 38,250 tonnes, reads a company report issued on the Warsaw Stock Exchange (WSE).

The report says that coal sales over the period fell by 48.3%, to 47,360 tonnes.

Extraction at the Sadovaya mine grew by 5.7%, to 21,210 tonnes, while at the Rassvet-1 mine it fell by 10.1%, to 17,040 tonnes.

Sadovaya Group did not produce coal from mining waste in July, while in June it produced 5,335 tonnes.

Sadovaya Group said the fall in coal extraction and sales was due to a temporary decrease in demand for coal.

The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.

KyivPost

© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.