Russian pig iron and coking coal producer KOKS Group has announced that it has acquired a license to develop the Uchastok Koksviy Glubokiy coal mine in Russia with reserves of around 27 million mt for RUB 88 million ($2.5 million).
The mine mainly contains high quality coal grades used in the coking industry. Coal extraction at the Uchastok Koksoviy Glubokiy coal mine is planned to start in 2020.