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01.04.2013 Raspadskaya declares losses


In 2012, the company lost $31 m resulting from decline in both prices and demand. A year earlier, Raspadskaya, suffering the aftermath at its primary mine, showed better results.

Currently, the company plans to increase the output by one third up to 9.5–10 m t while boosting export up to 40 per cent of its production. Experts approve the tactics despite the looming prospects of low margins in the short run.


Source:   metcoal.ru