Insight
Raspadskaya to buy Evraz’s Yuzhkuzbassugol
Report summary
Raspadskaya is purchasing Evraz’s Yuzhkuzbassugol mining subsidiary, creating Russia’s largest coking coal producer. Evraz owns 90% of Raspadskaya and manages the Yuzhkuzbassugol mines in the Kuzbass Basin region. Through the deal, Raspadskaya reaps operational synergies with the purchase as well as more direct control over a wider range of coking coal qualities to offer both domestic and export customers.
Table of contents
- Raspadskaya set to acquire the majority of Evraz’s coal operations.
- Evraz and Raspadskaya were already tightly woven
- Raspadskaya produces mostly HV coal, much of which is exported to Europe
- Evraz concentrates predominantly on domestic markets, producing HV and non-HV coal
- Evraz will retain the Mezhegey mine in Tyva
- Some speculation Raspadskaya could add Sibuglemet to the fold, but unlikely
- Summary
Tables and charts
This report includes 2 images and tables including:
- Russian 2019 marketable coking coal production – by company (Mt)
- Coal mines of the Russian Kuzbass Basin
What's included
This report contains:
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