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Thursday, 15 March 18
SUEK GROUP SECURES $1.055BN 5-YEAR SYNDICATED PRE-EXPORT FINANCE FACILITY
SUEKSUEK Group signed a $1.055bn syndicated pre-export loan agreement. The facility with five years duration is secured against the Group’s export revenues and will be used for refinancing as well as general corporate purposes. 18 financial institutions have participated in the syndicate.

Nikolay Pilipenko, SUEK CFO, commented on the loan agreement, “We are very pleased with the outcome of this syndication. Many thanks to the members of the syndicate for their support. We will continue to pursue the Group’s strategy with full commitment to deliver on our financial, operational and sustainability goals”.

SUEK is one of the world’s largest coal companies and the leading coal producer in Russia. According to company's webite, the company's competitive strengths include: large, high-quality coal deposits, modern quality-assured washing plants and highly cost-efficient production and distribution.

No.1 in Russia and No.6 globally by output – 107.8 Mt in 2017
No.3 globally by international sales – 54.2 Mt in 2017
No.6 globally by reserves – 5.4 Bt

key assets include
15 open pits
12 mines
9 washing plants and processing facilities
3 ports
Global sales and distribution network
Research institute


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Recent News

Friday, 09 March 18
U.S. EXPORTED 97 MMST OF COAL IN 2017, A 61 PER CENT INCREASE FROM 2016 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.1 million short tons ...


Thursday, 08 March 18
BUMA SIGNED OVER US$ 500 MILLION WORTH OF NEW CONTRACT WITH PT TANAH BUMBU RESOURCES
PT Delta Dunia Makmur Tbk.,  announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into mining services ...


Thursday, 08 March 18
THE ENERGY CONTRIBUTION FROM COAL-BASED POWER PLANTS IS LIKELY TO INCREASE TO 1072 BU BY 2021-22 : PIB
Government of India has set an ambitious target of 175 GW from Renewable energy sources (RES) by 2022, which comprises of 100 GW Solar, 60GW from W ...


Thursday, 08 March 18
SUPRAMAX: THE MARKET IS STILL GOING STRONG IN THE PACIFIC - FEARNLEYS
Supramax The market is still going strong in the Pacific, with Ultra fixing high US$ 13000+375000 bb for South Africa to ECI while nickel ore run ...


Thursday, 08 March 18
AVERAGE U.S. COAL MINING PRODUCTIVITY INCREASES AS PRODUCTION FALLS - EIA
Coal mining productivity in the United States increased 26% over the past five years, reaching 6.8 tons per miner hour in 2017, up from 5.4 tons pe ...


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