Sibanthracite Group

Siberian Anthracite (Russian: «Сибирский Антрацит») is the largest producer of metallurgical coal in Russia and the world’s leader in the export of UHG, ultra high grade, anthracite. The head office is in Moscow.[2]

Sibanthracite Group
Native name
Группа «Сибантрацит» (Sibanthracite Group)
IndustryCoal industry
Infrastructure projects
Headquarters
Moscow
,
Russia
Key people
Dmitry Bosov (stakeholder),
Maxim Barskiy (CEO)
ProductsCoal
Revenue35,996,300,000 Russian ruble[1] (2017) 
ParentAlltech Group
Websitesibanthracite.ru

History

Sibanthracite Group was founded in 2018. It includes three coal companies: Siberian Anthracite (АО «Сибирский Антрацит») and Open-Pit Mine Vostochny (ООО «Разрез Восточный») — anthracite producers in Novosibirsk region and Open-Pit Mine Kiyzassky (ООО «Разрез Кийзасский) — grade T coal producer in Kemerovo region.

Group's strategy is growth through the development of new start-up projects: from obtaining a mining licence to the start of dynamic production. Open-Pit Mine Vostochny and Open-Pit Mine Kiyzassky illustrate the strategy implementation.

At present Sibathracite is developing the Sugodinsko-Ogodzhinskoye (Сугодинско-Огоджинское месторождение) coalfield, the largest one in the Far East region (Amur oblast). Open-pit mining will start in 2019. The Group also owns Sibantracite Kuzbass (ООО «Сибантрацит Кузбасс»), which holds a license for the development of Verkhneteshsky coalfield (Верхнетешское месторождение) in Kuzbass. Mining will start in 2020.

Sibanthracite resource base will allow the company to double its production up to 58 million tons per year by 2022. The Group is betting on three grades of metallurgical coal: anthracite, grade T, and coking coal.[3]

Owners and management

Production assets of the Group are owned by Sibanthracite PLC registered in Cyprus. Its only shareholder is Alltech. More than 86% of Alltech shares are controlled by Dmitry Bosov, Chairman of the Board of Directors.[4]

All companies of the Group are managed by “Management Company “Sibantracite”. The CEO is Maxim Barskiy.[5][6]

Activity

Sibanthracite Group’s facilities are located in Novosibirsk and Kemerovo regions. The companies specialize in open-pit coal mining. In 2018, the production volume of the Group amounted to 24.1 million tons. 98% of anthracite and 70% of metallurgical coal are exported, mainly to Asian-Pacific region.[7]

In Novosibirsk region, Sibantracite Group mines anthracite at Gorlovsky coal basin. Siberian Anthracite and Open-Pit Mine Vostochny develop 3 open-cast mines: Kolyvansky, Gorlovsky, and Vostochny. Facilities include 2 washing plants, 3 loading terminals, and 40 km of haul roads.

In Kemerovo region, Open-Pit Mine Kiyzassky mines both metallurgical and power generating coal. To transport coal, the company has built 30 km haul roads, Uglepogruzochnaya railway station and a modern automated coal-loading terminal.

The Group’s ‘start-ups’ are known for fast commissioning of new enterprises.[8][9]

Development of Vostochnyy open cast mine in Novosibirsk region began in 2015, anthracite mining started in 2016. In 2018, the production volume amounted to 6.2 million tons.[10]

Open-Pit Mine Kiyzassky in Kemerovo region started mining in 2014—only two years after obtaining the license in April, 2012. In November 2018, the company mined 30th million ton of coal. In 2018, the production volume reached 9.3 million tons of coal per year.[11]

The Group is expanding its presence in Kuzbass. In 2020, the company will commence production at the Verkhneteshsky mining pit.[12]

Another region of the Group’s presence is Amur Region. Open-pit mining will start at the Sugodinsko-Ogodzhinskoye coalfield in 2019. The reserves are estimated at 1.5 billion tons. The design capacity is 20 million tons of coal per year.

In 2019, Sibanthracite Group started the implementation of “Severomuisky Tunnel-2” construction project.[13]

Production

Performance Indicators
  • 2016 - 14.1 million tons
  • 2017 - 21.3 million tons
  • 2018 - 24.1 million tons

Financial data

Sibantracite Group’s consolidated performance indicators according to Russian Accounting Standards for 2018: revenue is 162.4 billion rubles (an increase of 1.9 times compared to 2017), the total amount of taxes amounted to 12.5 billion rubles with a tax on profit of 8.4 billion rubles.[14]

The Group companies are among the leading taxpayers in the regions of operation.

In the first quarter of 2019, Siberian Anthracite was the largest taxpayer in Novosibirsk region.[15]

Products

Anthracite mined at Kolyvanskiy coal deposit in Novosibirsk region possesses the best physical and chemical characteristics among all anthracites. It is classified as Ultra High Grade Anthracite (UHG). It has the highest carbon content for premium quality anthracites—over 92% and low level of impurities, such as sulphur, phosphorus, nitrogen, etc. Usage: 80% in metallurgy, 10% in power industry, and 10% in chemical industry.

Corporate social activities

Corporate social responsibility is a major concern of Sibanthracite Group. The companies of the Group are among the largest employers in the regions and implement social and charitable programs. Sibantracite supports and helps to develop hockey movement in Novosibirsk region.[16]

It is a co-founder and a sponsor of Siberia hockey club[17]

The Group implements a long term social project in Kuzbass — the support of the Shors, a small indigenous ethnic group.[16]

Sibantracite Group pays considerable attention to the environmental issues. Group companies implement environmental programme, which includes eco-monitoring in the regions of presence.[16]

gollark: I think it actually uses git.
gollark: <@!151391317740486657> RFTools Dimensions is a ßepærate æðøn.
gollark: I can send you totally not backdoored copies of quarry programs.
gollark: OR CAN YOU?
gollark: No, one and a half.

References
  1. "Рейтинг крупнейших компаний России по объему реализации продукции". Expert RA. Archived from the original on 28 October 2018. Retrieved 28 October 2018.
  2. "Russia's Siberian Anthracite sets IPO price range at $7-9.5/GDR - PRIME Business News Agency". www.1prime.biz. Retrieved 2015-10-30.
  3. Глава «Сибантрацита» Максим Барский — РБК: «Курченко — угольный король Донбасса? Буду знать» - РБК
  4. Виталий Петлевой. От алюминия — к антрациту // Ведомости, № 119 (3381), 08 июля 2013
  5. Максим Барский назначен генеральным директором «УК «Сибантрацит» — Группа «Сибантрацит»
  6. businessneweurope: "Siberian Anthracite plans IPO in London in autumn"
  7. «Russia’s Siberian Anthracite boosts production in 2011», Metal Expert CIS Coal news 1-2 (36-37), January 9, 2012 http://new.metalexpert-group.com/en/en_news_cis_coal.html/$File/ug_eng_0901.pdf
  8. РИА «Новости» — «Сибирский антрацит» в 2011—2016 инвестирует в мощности 27,5 млрд руб http://ria.ru/economy/20111202/504998133.html
  9. Bloomberg: "Hyundai Steel to Buy Coal From Siberian Anthracite"
  10. ООО «Разрез Восточный»: развитие предприятия неотделимо от развития территории - Конкурент
  11. «Разрез Кийзасский» добыл 30-миллионную тонну угля — EnergyLand.info
  12. «Сибантрацит» выиграл лицензию на угольный участок в Кузбассе - Коммерсантъ
  13. Возведение «Северомуйского тоннеля-2» начнется в течение года - ТАСС
  14. Группа «Сибантрацит»: производственно-финансовые итоги 2018 года — Сибантрацит Группа
  15. В Новосибирске назвали крупнейших налогоплательщиков местных бюджетов - РБК
  16. "- Группа "Сибантрацит"". www.sibanthracite.ru. Retrieved 2019-04-01.
  17. «Еще не бизнес, уже не игрушка» http://expert.ru/siberia/2008/20/shatohin/
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.