21 Dec 2017 16:48

Coal miner KRU spends 11 bln rubles on mining and conveyor equipment in 2017

YEKATERINBURG. Dec 21 (Interfax) - Kuzbassrazrezugol Coal Company (KRU) will spend around 11 billion rubles on mining and conveyor equipment in 2017, Urals Mining and Metallurgical Company (UMMC), which controls KRU, said in a press release.

KRU will spend 1 billion rubles of this on excavators. It has bought five excavators this year, two of them - an EKG-18 and EKG-12 - from Uralmash .

The company is preparing to operate Russia's first and most powerful excavator - the Uralmash EKG-35 - in pilot mode at the Krasnobrodsky strip mine.

KRU produced just over 44.3 million tonnes of coal in 2016 and has targeted production of 45.7 million tonnes in 2017.

KRU is the second biggest coal producer in Russia and develops fields in the Kuznetsk basin (Kuzbass, Kemerovo region). KRU's strip mines are operated by six branches - Kedrovsky, Bachatsky, Mokhovsky, Krasnobrodsky, Taldinsky and Kaltansky. The company also operates one deep mine, Baykaimskaya. UMMC Holding LLC is the management organization.