Zaporizhstal buys coking coal assets in Russia

Wednesday, 26 December 2007 09:40:32 (GMT+3)   |  
       

The Ukrainian steelmaker Zaporizhstal has acquired two coking coal assets - coal enrichment plant Production Union Sholokhovskoe (Sholokhovskoe) and coking coal mine "Bistryanskaya 1,2", both located in Russia's Rostov region.

In the first eleven months of 2007, Sholokhovskoe produced more than 900,000 metric tons of coal concentrate. Meanwhile, the annual coking coal production capacity of "Bistryanskaya 1,2", which supplies coking coal to Sholokhovskoe, is about 750,000 metric tons. The coking coal reserves at "Bistryanskaya 1,2" are estimated at 46 million metric tons.


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