16 Jul 2015 11:53

Raspadskaya Q2 coal production declines 19% to 2.27 mln tonnes

MOSCOW. July 16 (Interfax) - Raw coal production at Raspadskaya totaled 2.27 million tonnes in the second quarter of 2015, 19% less than in the first quarter, the company reported.

"In Q2 2015, the decision was made to reduce the production volume at the Raspadsky open-pit and MUK-96 mine due to deteriorating market conditions and ruble strengthening in Q2 2015 with a view to avoid unprofitable export shipments. In addition, scheduled moves of two longwalls were carried out at the Raspadskaya underground mine at the end of the reporting period," Raspadskaya said.