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Company News

  • 21/09/2012
    The Energy Investment Company Took Part in the Cherkasy Investment Forum
  • 05/09/2012
    The Energy Investment Company together with the Radio Liberty Has Commented on the Brown Coal Market
  • 27/08/2012
    The Energy Investment Company Was Granted a Permit for Hazardous Works for Brown Coal Production
  • 01/08/2012
    The Energy Investment Company Has Launched Overburden Works




The Energy Investment Company Has Complete Overburden Works at the Brown Coal Deposit

The Energy Investment Company has complete overburden works at the Mokra Kalyhirka brown coal deposit. Within two months, Company technical staff stripped 136,484 cubic meters of refuse stone. Thus, the Mokra Kalyhirka deposit is ready for brown coal production.
The Energy Investment Company plans to produce the first trial batch of brown coal in November 2012 in the amount of 2 thousand tons. The extracted volume will be sent for trial use to power plants in Eastern Europe and Ukraine.
"With the Mokra Kalyhirka brown coal deposit, the Energy Investment Company plans to reduce the deficit of brown coal in Slovakia and offer it as an alternative fuel for Czech and Hungarian enterprises that are forced tp import expensive Russian brown coal. Cost of the latter on the border of Ukraine is about 100 euros, while the Energy Investment Company offers Mokra Kalyhirka brown coal at 33 euro per MT under DAP conditions. In addition, we are considering selling brown coal to Ukrainian enterprises both as brown coal and brown and energy coal mix”, - commented Trade Marketer Yuliya Demtsova.
The planned capacity of the brown coal deposit is 100 thousand MT within the first year of work, with a gradual increase in production to 300 thousand MT per annum.