The coal is destined for further export delivery. Ulan Bator Railways attracted credit to buy 48 engines and cars. The Russian bank loan is guaranteed by Russian Railways, Vladimir Yakunin (Russian Railways, president) informs, not disclosing either sum or source of the credit.

January through September, Belon increased coking coal output by 17.6 per cent up to 3.325 m t, its concentrate production reaching 2.118 m t. Steam coal production was up to 2.481 m t (+41.1 per cent), its concentrate production reaching 1.128 m t (+25.7 %).

Poor results of the 3Q are explained by longwall resetting and harsh mining conditions. Starting from September 2010 the production was restored to requisite levels.

Theme:  Progress/Coal