South Africa wins over Russia in South Korea
Russian supplies were unable to sell coal to South Korea in large long-term tenders that closed last week, losing out to South African exporters...
Russian coal exports domestic supplies
Russian coal exports rose further in January-June, surging by 14pc compared with the first half of last year to 90.4mn t, data from state energy information agency CDU TEK show, amid strong demand and high prices in the export markets...
Sibuglemet bets on thermal coal
Russian Kuzbass-based thermal and coking coal producer Sibuglemet, which is managed by steel and coal producer Evraz, plans to increase its coal output by 3pc on the year to 12mn t this year on the back of stronger demand domestically and abroad...
Inskoy’s output recovers
Russian thermal coal producer Razrez Inskoy, which operates a mine in the Kemerovo region, plans to produce 1.4mn-1.6mn t of thermal coal this year, up from only about 200,000t last year, when the company’s mining asset was idle for half of the year...
Russian prices keep rising in Asia-Pacific
Supply shortages in the Asia-Pacific region boosted Russian spot prices but advances were capped as buyers took an increasing interest in South African coal...