Annual Report 2010 - Verein der Kohlenimporteure eV
Annual Report 2010 - Verein der Kohlenimporteure eV
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