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Lubelski Węgiel
Lubelski Węgiel Bogdanka S.A.

LW Bogdanka has produced 150 million tonnes of coal

Tuesday, 2018-03-13

Bogdanka, 13 marca 2018 r.



PRESS RELEASE


LW BOGDANKA HAS PRODUCED 150 MILLION TONNES OF COAL


The technological leader of Polish hard coal mining sector and a member of the Enea group, Lubelski Węgiel Bogdanka produced round 150 million tonnes of commercial coal.
 

Within more than 35 years, we have produced a total of 150 million tonnes of commercial coal. This round figure shows the scale of the Company's activity and its market significance. It should be remembered that the mining of raw coal was, at the time, accordingly higher, said Sławomir Karlikowski, acting President of the Management Board, Vice-President of the Management Board in charge of Production, Manager of Mining Supervision in Mining Facility at LW Bogdanka S.A.und 150 million tonnes of commercial coal.

This is the next symbolic result of the Lublin-based mine. The Company has reported recently that in the Stefanów Field, one of Bogdanka's three mining fields, the millionth skip of output was transported through shaft 2.1. A skip is a case used for vertical transport of raw coal, capable of holding 40 tonnes of output at one time, i.e. coal before cleaning processes which take place in coal preparation plants.

The mine from Lublin has gradually been reaching its current annual production capacity. In recent years, annual production of coal in Bogdanka amounted to around 9 million tonnes. In line with the Company's strategy, an average annual production in 2016–2025 will amount to 9.2 million tonnes. After three quarters of 2017, Bogdanka’s share in the market of thermal coal sales accounted for 17.7%, and its share in the market of thermal coal sales to commercial power plants accounted for 25.5%.

Lubelski Węgiel Bogdanka S.A. is the only mine in the Lublin Coal Basin which extracts hard coal. The Company conducts mining operations within the mining area of Puchaczów V which covers 73 km2. It possesses three excavating fields: in Bogdanka, in Nadrybie, and in Stefanów. In autumn 2017, the Company obtained from the Minister of the Environment a mining licence for extraction of hard coal from the Ostrów deposit in the Ludwin Mining Area.


For further information please contact:

Magda Kołodziejczyk, M+G
Phone: (+48) 22 416 01 02, 501 16 88 07
e-mail:
magda.kolodziejczyk@mplusg.com.pl 


LW BOGDANKA – HIGHLIGHTS

Lubelski Węgiel BOGDANKA S.A. is the most modern and one of the largest hard coal mines in Poland. In 2016, Bogdanka’s production of commercial coal amounted to more than 9 million tonnes.

LW BOGDANKA conducts mining activity with respect to extraction, agglomeration and sale of hard coal. The BOGDANKA mine supplies mainly the industrial customers based in the eastern and north-eastern Poland. The market of customers is stable, and the sale is carried out mainly under long-term agreements. LW BOGDANKA’s major commercial coal sales channels are commercial power and industrial power industries.

The Company’s financial results and hard coal extraction efficiency distinguish the Company from other organisations in the industry. LW Bogdanka S.A. has been listed on the Warsaw Stock Exchange since July 2009. Since October 2015, LW Bogdanka S.A. has been part of the Enea Group, one of the leaders of the Polish power market.

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© LW „Bogdanka” S.A. - 2018
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