KUZBASSRAZREZUGOL

Kuzbassrazrezugol is the biggest company in Russia to strip-mine quality-coal. The holding company is developing seventeen commercial coal fields in Kuzbass, a staple name for the Kuznetsk Coal Basin. The company mines 30 per cent of all the coal originating in Kuzbass. The company comprises 26 subsidiaries and 10 affiliated companies brought together in a specialized industrial combine employing over 28,000 people.

The wide variety of coal grades, the high quality and unique properties of coal mined by the company account for the broad range of coal applications, in power generation and metal smelting, and as a primary material for other industries.

The coal produced by the company enjoys a high demand across Russia and elsewhere. In fact, the company exports more than 35 per cent of its coal output to Italy, Greece, Japan, France, Turkey, and Hungary, a total of up to 14 million tons a year, or some 33 of RussiaТs coal exports. The company exports its coal through specialized trading companies. Different techniques and equipment are used to mine coal because of widely differing geological and mining conditions. For the most part, the company moves its coal around by dump truck and rail, and most of the waste clay is removed by hydromechanical techniques. No motor vehicles are used on coal gradients in excess of 10-12 degrees.

The companyТs customers include some major enterprises in Russia and other CIS countries, including the Russian Integrated Power Systems and the Ministry of Railroads, and companies in Germany, Italy, France, the United Kingdom, Austria, Japan, Turkey, and many other countries. The company continues to improve its coal mining efficiency. Indeed, it mines a ton of coal at almost the lowest costs among coal mining companies in Kuzbass. The company has developed a long-term development program for its constituents in order to step up coal output at its operating strip mines and newly acquired patches of coal fields, and modernize mining equipment so it could raise its coal output to 45 million tons a year.