Samruk-Energy reports record coal mining volume by Bogatyr Komir in 2018
/KASE, December 29, 2018/ – Samruk-Energy (Astana), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the press
release dated December 29, 2018, which states as follows:
The record volume of coal over the past 10 years has been mined and shipped from
coalmines of “Bogatyr Komir” LLP in Ekibastuz.
Miners has shipped circa 45 mln. tons of coal by the end of the year, which
exceeds the production capacity of the enterprise (42 mln. tons). The annual
plan - 41, 30 mln. tons - was already accomplished by them on December 5th.
An increased coal consumption by Kazakhstan’s power systems, unplanned supplies
for “SDPP Topar” LLP, Pavlodar CHP-2, 3 “PavlodarEnergo” JSC and an increase in
coal shipments for household needs drove the increase in production and sales
Coal from Bogatyr Komir mines is used as fuel at power and thermal plants of
Kazakhstan and Russia, as well as for household needs. Its main consumers are
“Ekibastuz SDPP-1” LLP and Reftinsk SDPP, the share of shipments to which is
more than 45%.
“Samruk-Energy” JSC and the Russian UC “RusAl” manage “Bogatyr Komir” LLP on a
parity basis. The company conducts open-pit coal mining at two open-pit mines,
Bogatyr and Severny in Pavlodar region of Kazakhstan. The balance reserves of
Bogatyr Komir LLP are 2,75 billion tons. The annual production capacity of the
enterprise is 42 mln.tons, including Bogatyr mine produces 32 million tons and
Severny mine – 10 mln.tons.
“Samruk-Energy” JSC is the largest power holding company in Kazakhstan, 100%
owned by “Samruk-Kazyna” SWF JSC. It was established in 2007. Core business:
electricity and heat production; transmission, distribution and sale of
electricity, power coal mining. The holding company comprises energy and coal
enterprises, including “Ekibastuz SDPP-1” LLP, “Ekibastuz SDPP-2 Plant” JSC,
“Bogatyr Komir” LLP, “Almaty Power Plants” JSC, “Moynak Hydropower Plant named
after U.D. Kantayev” JSC, “Shardarinsk HPP” JSC, etc.
Government Relations and Communications Office of “Samruk-Energy” JSC.
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