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Lubelski Węgiel
Lubelski Węgiel Bogdanka S.A.

Record - breaking coal extraction at LW BOGDANKA S.A.

Thursday, 2015-01-08

Bogdanka, 8 January 2015

 

PRESS RELEASE


RECORD-BREAKING COAL EXTRACTION AT LW BOGDANKA S.A. IN THE FOURTH QUARTER
EXTRACTION IN THE ENTIRE 2014 AT THE LEVEL OF NEARLY 9.2 MILLION TONNES

 

Lubelski Węgiel BOGDANKA S.A., the most advanced and efficient hard coal mine in Poland and the leader in the domestic market for power coal producers, performed a record-breaking extraction in the Company’s history of 2.56 million tonnes of commercial coal in the fourth quarter of 2014. This exceeds the result achieved in the same period of the previous year (2.11 million tonnes) by 21.3% and represents an increase of 7.6% compared to the third quarter of 2014 (2.38 million tonnes).Cumulatively in the entire 2014 the Company extracted 9.19 million tonnes of commercial coal, which represents an increase of 10% as compared to the same period of the previous year, when the production of commercial coal reached 8.35 million tonnes.

 

The high production in the fourth quarter was related to, among other factors, the September launch of the new Mechanical Coal Processing Plant, which enabled the Company to double in the past quarter the nominal capacity of the Company with respect to processing on the “wet” line – it amounts currently to 2,400 tonnes/h.Also the mid-November launch of mining at wall 3/VI/385 in the Nadrybie Field contributed to the high production level – favourable geological conditions in this wall allowed to increase output in December 2014.

 

Zbigniew Stopa, President of the Management Board at LW Bogdanka S.A.:

“The extraction recorded in the fourth quarter of 2014 was top-level in the entire history of Bogdanka which translated into a 10% increase in the production of commercial coal on a year-to-year basis.Achieving the high level of production was possible due to the launch of the Mechanical Coal Processing Plant, which was one of the last stages of implementing our current investment programme – in the new plant, as at September 2014, we have already produced approx. 1 million net tonnes of coal.Also favourable geological conditions at wall 3/VI/385 contributed to the increase in the production of commercial coal, translating eventually into an increase in coal extraction in December 2014.”

 

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