OJSC Raspadskaya Reports Production and Sales Results for the Third Quarter and Nine Months of 2016
Coal concentrate sales fell 9% year-on-year to 1.443 million tonnes in third quarter of 2016. Raw coal sales came to 103,000, up 70% quarter-on- quarter. The rise was mainly driven by an increase in domestic sales of GZhO and GZh-grade coal for power generation.
For the nine months, raw coal production of 7.314 million tonnes, a decrease of 6% form the last year.
For the nine months, coal concentrate sales fell 10% year-on-year to 4.556 million tonnes compared to last year. Raw coal sales came to 230,000, a decrease of 71% from the last year.