News and events

3 August 2010

New machinery was delivered into subsidiaries of Kuzbasskaya Toplivnaya Company

On Vinogradovsky open-pit mine (Kuzbasskaya Toplivnaya Company) new grader CATERPILLAR 24 М has been set to work. Also during June and July this year on the open-pit mines of the Company 2 loaders KOMATSU WA 700 and 1 loader KOMATSU WA 600 have been gone into production.

On the whole from beginning of the year for subsidiaries of the Company some additional machinery was purchased such as: 6 bulldozers KOMATSU D-375 А, 2 excavator KOMATSU РС-1250 SP, 9 BelAZ 7555 B, 5 BelAZ 75131.

Within the investment programme of Kuzbasskaya Toplivnaya Company in 2010, the Company plans to spend 39 million $ for purchasing new machinery and upgrading of subsidiaries production. To achieve planned production growth "КTК" changed investment schedule and intends to spend for these purposes about 60 million $ during this year. Apart from purchasing of machinery, means will be directed to build purification plants, boxes for heavy-load trucks and to put into action coal-preparation plant, which will be started up in the third decade of August

Investment into upgrading and production building allows the Company to increase output efficiency and processing of coal and to improve work and safety conditions of employees of the Company subsidiaries.

For the record:
Kuzbasskaya Toplivnaya Company produces thermal coal in 3 three open-pit mines: Vinogradovsky, Karakansky-South and Cheremshansky, with a total design capacity of 11 mln tons a year. The company has a number of subsidiaries: OJSC Kuzbasstoplivosbyt, LLC Transugol, LLC Novosibirsk Fuel Corporation, LLC Altay Fuel Company, LLC TEKM, OJSC Kaskad-Energo.