Головна сторінка
/
Новини
/

Metinvest subsidiary Pokrovske Coal output drops 4% m/m in December

Metinvest subsidiary Pokrovske Coal output drops 4% m/m in December

11 January 2022

Pokrovske Coal, Ukraine’s largest coking coal miner
and a subsidiary of Metinvest (METINV), produced 6.22 mmt of raw coking coal
(17.1 kt per day) in 2021, a 1.5% yoy rise, according to Concorde Capital’s
analysis of Ukraine’s Energy Ministry data.

 

The daily coal production rate at Pokrovske Coal
dropped 3.7% m/m to 18.3 kt in December.

 

Dmytro Khoroshun: We
tentatively expect Pokrovske Coal’s 2022 output at 6.4-7.3 mmt (17.5-20.0 kt
per day), or 3-17% more yoy.

 

The December daily production rate provided by the
Energy Ministry, 18.3 kt, is largely in line with the 18.7 kt value we inferred
from the data provided by the miner’s CEO at the end of December.

 

We maintain our neutral view on METINV bonds.

Останні новини

News

23

02/2022

Separatists may claim entire territories of two Ukrainian regions

Russia has recognized “all fundamental documents” of the self-proclaimed Donetsk and Luhansk People’s Republics (DNR...

News

23

02/2022

U.K. to provide USD 500 mln loan guarantee for Ukraine as IMF mission starts

The British government is going to provide up to USD 500 mln in loan guarantees...

News

23

02/2022

MinFin bond auction receipts jump to UAH 3.5 bln

Ukraine’s Finance Ministry raised UAH 3.3 bln and EUR 7.2 mln (the total equivalent of...