Polish miner PGG's Jan-Aug coal production 900,000 mt below
- Source: chemnet
Grupa Gornicza, Europe's largest hard coal miner, produced 17.6
million mt of coal in January-August of this year, some 900,000 mt
below target, Poland's deputy energy minister Grzegorz Tobiszowski
PGG had planned production of 18.5 million mt in the first eight
months of the year and set a full year output target of 32 million mt.
domestic production has led Polish state coal trader, Weglokoks, to
buy foreign shipments of coal in order to honor its contracts to
supply overseas buyers in the Czech Republic, Slovakia, Hungary,
Germany and Austria.
said Wednesday it expected a shipment of 75,000 mt of coal from the US
to arrive in Poland in mid-October.
in the Polish parliament, Tobiszowski defended PGG's production level
noting that it was higher than in the same period last year, when it
was 15.5 million mt, and comparable to 2015, when January-August
output was 18 million mt.
said that the average price PGG achieved for coal sold to individual
customers increased by 16% between August 2015 and September 2017,
while global coal prices rose by about 65% in the same period.
to the energy ministry, PGG's large-lumped coal averaged Zloty 718/mt
($196/mt) in August 2015, rising to Zloty 828/mt in August this year.