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Annual Report 2010 - Verein der Kohlenimporteure eV

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Proposed projects include the Ukhaa khudag mine with<br />

an expected coking coal production capacity of 5 Mtpa,<br />

the Ovoot Tolgoi Mine with 8 Mtpa and the Khu shuut<br />

project with almost 6 Mtpa.<br />

Although it has the largest coking coal reserves in the<br />

world, Mongolia has an un<strong>der</strong>developed infrastructure.<br />

Accordingly, there is much interest from major<br />

producers to acquire coal mines and to participate in or<br />

to set up joint ventures.<br />

POLAND<br />

Production<br />

The decline in Polish coal output continued also in <strong>2010</strong>.<br />

<br />

Despite good profits over the last five years, output from<br />

Polish producers has declined by more than 20 Mt.<br />

Major Hard Coal Producers in Poland<br />

Company Production Exports<br />

2009<br />

Mt<br />

<strong>2010</strong><br />

Mt<br />

2009<br />

Mt<br />

<strong>2010</strong><br />

Mt<br />

Kompania Weglowa 42.2 39.5 6.7 8.7<br />

Katowicka Grupa Kapitalowa 13.5 12.8 0.7 0.8<br />

Jastrzebska Spólka Weglowa 11.4 13.3 1.8 0.5<br />

Private Mines 10.4 11.0 0 0<br />

Total<br />

LB-T42<br />

77.5 76.6 9.2 10.0<br />

Polish coking coal and coke production increased in the<br />

wake of recovering steel output. Coking coal production<br />

<br />

Mt.<br />

Investment in coke production is returning because mothballed<br />

coking coal mines are being re-opened. After coke<br />

production dropped to 6.95 Mt in 2009, capacity in <strong>2010</strong><br />

increased again to about 10 million tonnes.<br />

The privatisation of the Polish mining industry is<br />

sluggish. Weglokoks announced that it would float on<br />

the stock market during the summer of 2011, thereby<br />

<br />

Poland is planning to merge Weglokoks with two other<br />

coal mining companies, Katowicki Holding Weglowy<br />

SA and Kompania Weglowa. A decision is expected<br />

during the summer of 2011.<br />

Poland is importing increasing quantities of coal,<br />

primarily steam coal, but also smaller quantities of<br />

coking coal and anthracite. Import volume in <strong>2010</strong><br />

amounted to 13.5 Mt, primarily from Russia; most of it<br />

is used in northern Poland.<br />

Poland has also been granted the opportunity by the<br />

EU to pay subsidies related to the closure of mining<br />

companies.<br />

Infrastructure<br />

In <strong>2010</strong>, there were no changes in the transport<br />

infrastructure, which is now too large for the current<br />

export volumes. Export logistics in Poland are well<br />

developed.<br />

Loading ports include Danzig, Swinemünde, Stettin<br />

and Gdingen. While Danzig is able to load Capesize<br />

freighters, Swinemünde and Gdingen are accessible only<br />

to Panamax ships and Stettin only to Handysize vessels.<br />

In the medium term, these ports will gain in importance<br />

for imports. Import capacity could in the short term be<br />

<br />

Exports<br />

Exports in <strong>2010</strong> increased by 10% to 10.1 Mt. With<br />

imports of almost 13.5 Mt, Poland remained a net<br />

<br />

by Weglokoks and 1.4 Mt by mining companies<br />

themselves. The increase in exports was due to steam<br />

coal alone, while coking coal exports dropped by 13.5%<br />

to about 1 Mt.<br />

85

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