Under the Ministry of Coal Industry of Kuzbass, in January-June 2024 coal mining enterprises in Kuzbass produced 102.8 mio t of coal (-6.0 mio t or -5.5% y-o-y).
The production of coking coal during this period totaled 32.6 mio t (-1.2 mio t or -3.6% y-o-y), whereas thermal coal extraction volumes plunged to 70.2 mio t (-4.8 mio t or -6.4% y-o-y).
Coal companies produced 67.1 mio t (-6.0 mio t or -8.2% y-o-y) at open-pit mines and 35.7 mio t (flat y-o-y) through underground mining.
As of July 01, 2024, coal stocks in Kuzbass amounted to 20.6 mio t (flat vs. July 01, 2023).
Sanctions and the emerging trend of halting operations at Russian underground and open-pit mines, along with high rail tariffs by RZD, 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: CCA Analytics
