Under the Ministry of Coal Industry of Kuzbass, in January-March 2024 coal mining enterprises in Kuzbass produced 52.8 mio t of coal (-1.1 mio t or -2.0% y-o-y).
The production of coking coal during this period totaled 17.3 mio t (+0.3 mio t or +1.8% y-o-y), whereas thermal coal extraction volumes plunged to 35.5 mio t (-1.4 mio t or -3.8% y-o-y).
Coal companies produced 34.5 mio t (-0.8 mio t or -2.3% y-o-y) at open-pit mines and 18.3 mio t (-0.3 mio t or -1.6% y-o-y) through underground mining.
As of April 01, 2024, coal stocks in Kuzbass climbed to 21.5 mio t (+1.8 mio t or +9.1% vs. April 01, 2023).
Sanctions and the emerging trend of halting operations at Russian coal mines and open-pit mines, along with increasing railroad tariffs by RZD, introduction of export duty, as well as removal of priority for coal shipments in railroad transportation amid limited capacity of the Eastern range, may have a negative impact on the volumes of production and supplies of Russian high-quality coal to the world market in 2024.
In 2023, coal production in Kuzbass dropped to 214.2 mio t (-9.4 mio t or -4.2% vs. 2022).
Source: CAA
