global-minerals-hub global-minerals-hub global-minerals-hub
The Coal Hub Logo
No Result
View All Result
  • Login
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
Cart / €0.00

No products in the cart.

  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login
The Coal Hub
No Result
View All Result
Home Coal Production

Evraz combines assets to create the largest Russian coking coal producer

Editor by Editor
5 years ago
Reading Time: 1 min read
Russian Coking Coal
Share on FacebookShare on TwitterShare on Linkedin

Evraz plans to consolidate coal mining business on the basis of its Raspadskaya coal company. Raspadskaya will become the owner of 100% of Yuzhkuzbassugol, which also belongs to Evraz. The price of the deal will amount to 67.7 billion RUR (894 mio USD).

RELATED POSTS

Russian-miners-losses

Russian coal companies’ losses may exceed 5 billion USD in 2025

5 hours ago
World-coal-market

World coal market: brief overview

5 hours ago
World-coal-market

World coal market: brief overview

1 week ago

The transaction is expected to be completed by the end of December and is subject to corporate approvals by Raspadskaya shareholders. The merger will create the largest Russian coking coal producer and one of the largest coking coal companies in the world with the annual revenue of 2 billion USD.

After the assets consolidation, Raspadskaya will include seven mines, two open-pit mines and three processing plants in the Kemerovo region as well as one mine in Tuva republic (Russia).

Combing of Evraz coal assets may decrease production costs to 83 USD/t. However, the deal is more about optimization of the company’s current business model rather than a stimulus for growth in production.

In January-September 2020 Yuzhkuzbassugol produced 8.39 mio t (+2.78 mio t or +49.6% to January-September 2019) whereas Raspadskaya coal company extracted 6.49 mio t (-3.62 mio t or -35.8% to January-September 2019).

Evraz is one of the leading suppliers of coking coal to the largest Russian metallurgical producers: MMK (Magnitogorsk Iron and Steel Works), NLMK (Novolipetsk Iron and Steel Works) and enterprises of EvrazGroup.

In January-October 2020 Evraz extracted 16.57 mio t of coal (-5.86 mio t or -26.2% compared to January-October 2019). The main beneficiaries of Evraz are Roman Abramovich (31.03% of shares), Chairman of the board of directors Alexander Abramov (21.61% of shares) and CEO of Evraz Alexander Frolov (10.79% of shares).

Source: CAA Analytics

Follow on Twitter:

[tfws username=”CAA_Analytics” height=”700″ width=”350″ theme=”light” color=”#FAB81E” tweets=”2″ header=”yes” footer=”yes” borders=”yes” scrollbar=”yes” background=”yes”]

Tags: CAA Analyticscoking coalEvrazRussian coal
Editor

Editor

Related Posts

Russian-miners-losses
Coal Demand

Russian coal companies’ losses may exceed 5 billion USD in 2025

5 hours ago
World-coal-market
Coal Demand

World coal market: brief overview

5 hours ago
World-coal-market
Coal Demand

World coal market: brief overview

1 week ago
Kuzbass-underperform
Coal Demand

The shortfall in coal exports from Kuzbass to reach almost 1 mio t in Q2 2025

1 week ago
World-coal-market
Coal Demand

World coal market: brief overview

2 weeks ago
coal-miners
Coal Demand

State support for coal miners will be limited

2 weeks ago

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

Trending Posts

Russian-miners-losses

Russian coal companies’ losses may exceed 5 billion USD in 2025

July 5, 2025
Daltransugol-capacity-hike

Daltransugol boosts coal handling capacity up to 33 mio t

June 10, 2025
World-coal-market

World coal market: brief overview

July 5, 2025

Recent Post

Russian-miners-losses

Russian coal companies’ losses may exceed 5 billion USD in 2025

July 5, 2025
World-coal-market

World coal market: brief overview

July 5, 2025
World-coal-market

World coal market: brief overview

June 28, 2025

The Coal Hub is an online platform for sharing analysis and information about the global coal market  more info

Categories

  • Coal Market Outlook
  • Coal Trade
  • Met / Coking Coal
  • Coal Fired Generation
  • Coal Regions
  • Climate & Technology
  • Economic Impact
  • Petcoke

Recent Posts

Russian coal companies’ losses may exceed 5 billion USD in 2025

World coal market: brief overview

World coal market: brief overview

Energise your Monday!

Sign up to receive our weekly newsletter (each Monday) with new coal market reports, presentations & analysis.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

By signing up, I agree to our TOS and Privacy Policy.

© 2020 TheCoalHub | All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Premium Content
  • Blog
  • Events
  • Industry Links
    • Coal Consultants
    • Coal Industry Association
    • Coal Industry News
    • Coal Price & Market Information
    • Government Organisation
    • Think Tank
    • Coal Company
  • Other Hubs
    • EUROPEAN GAS HUB
    • GLOBAL LNG HUB
    • GLOBAL MARITIME HUB
    • GLOBAL HYDROGEN HUB
    • GLOBAL MINERALS HUB
  • FREE TRIAL
  • My account
  • Login

© 2020 TheCoalHub | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.