Its net profit is expected at 31 to 36 per cent level, resulting in 12-months estimated expected price of $8 per share (+20 per cent), "buy" advice index remaining.

Raspadskaya Koksovaya mine construction goes as planned, the second stage of the concentrating mill has been launched, total annual concentrating capacity reaching 15 m t, the company claims its ability to reach the annual level of 18 m t. In Feb–Mar, the company raised its coal concentrate domestic price up to $110 per t (against $91 in January).

Raspadskaya announces its intention to disclose its mid-term growth strategy in April.

Theme:  Current situation/Coal/Kuzbass