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Home Coal Demand

Coal production in Siberian Federal District to grow up to 375 mio t by 2030

Editor by Editor
2 years ago
Reading Time: 1 min read
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The Siberian Federal District (SFD), which includes Kuzbass, Khakassia, Tuva, the Novosibirsk region and the Krasnoyarsk region, plans to boost coal production up to 375 mio t by 2030, with investments in the regional mining industry amounting up to 7 billion USD.

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This program, approved by the Russian government, will be implemented in accordance with the Strategy of social and economic development of the SFD, scheduled until 2035.

The Strategy involves 9 major investment projects:

·        Cheksinskoye coal deposit (Kuzbass), Kuzbassrazrezugol (KRU), with investment volume of 1.5 billion USD;
·        Bogatyr open-pit mine (Novosibirsk Region), Coalstar, 3.0 bln USD;
·        Beyskoye coal deposit (Khakassia), Coalstar and Russian Coal, total investment of 1.1 bln USD;
·        Mining and coal washing facilities at the Elegest deposit (Tuva), Tuva Energy Industrial Corporation (TEPK), 442 mio USD;
·        Coal mine and a washing plant at the Elegest deposit (Tuva), TEPK, 547 mio USD;
·        Syradasayskoye coal deposit (Krasnoyarsk region), Severnaya Zvezda, 356 mio USD;
·        Ulug-Khemsky coal basin (Tuva), Mezhegeyugol company;
·        Reconstruction of coke batteries, EVRAZ.

In 2022, 325.5 mio t of coal was produced in SFD, with investments in the industry amounting to 135 mio USD.

Following the strategy, in 2030, a quarter of the total volume of coal produced will account for coking coal, the share of washed coal will exceed 60%, while more than 16,000 new jobs will be created.

Source: CAA


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