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Company News

  • 23/11/2012
    The Energy Investment Company Launched a New Product - BKO (25-100) Lump Brown Coal
  • 29/10/2012
    The Energy Investment Company Opened a New Iskrenne Railway Station of the Odesa Railway for Brown Coal Transport Operations
  • 25/10/2012
    The Energy Investment Company Has Complete Overburden Works at the Brown Coal Deposit
  • 26/09/2012
    The Energy Investment Company Took Part in the Energy in Industry 2012 Exhibition




Asia Accounts For 65% of Global Consumption of Brown Coal

65% of coal consumption of coal falls for Asia, according to the World Coal Association.
The largest volumes of coal is consumed by Asian countries, China in articular. Japan, Taiwan and Korea also import a lot of coal for power generation and coking for metallurgy.
The world's largest coal producers are China and the United States, which produce 3162 and 932 million tons of coal respectively.
The Ukrainian government is planning to upgrade the most efficient mines to increase the rate of extraction of coal in accordance with the Law of Ukraine On Amendments to the Law of Ukraine On the State Budget of Ukraine for 2012 on the increased costs of capital construction and technical re-equipment of mining enterprises, adopted by the Verkhovna Rada. So, in the near future one should expect construction of a skip shaft at the Bazhanov mine, which is a part of the Makeevugol State Enterprise.