Tuesday, May 5, 2015

Average cost of coal production at state owned coal mines is 1513 Hryvnia per ton

According to Ministry of Economic Development, lowest production cost is 709 Hryvnia, and highest - 4360 Hryvnia per ton.  Average cost of coal  production at all coal mines (state owned and private) is 1220 Hryvnia per ton, what proves that privately owned mines are more efficient. In total, coal production at 160 coal mines, worked in Ukraine in 2014, dropped to 65 million ton, what is 22% lower than year earlier. Read more at http://delo.ua