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Lubelski Węgiel
Lubelski Węgiel Bogdanka S.A.

Mining alliance for modernity

Tuesday, 2019-02-26

Krakow, 26 February 2019

 

PRESS RELEASE


 

MINING ALLIANCE FOR MODERNITY

 


 


LW Bogdanka, Jastrzębska Spółka Węglowa and KGHM Polska Miedź have begun a collaboration. On February 26 in Krakow, during the 28th Underground Exploitation School, the companies signed a letter of intent, which establishes cooperation between them in introducing cutting-edge technical and IT solutions to the production process. This is the first such tripartite agreement in the history of Polish mining.


The signed letter of intent says that the companies will share their experiences, in particular with the use of robots in the production process and during rescue operations, as well as how to improve business management methods based on IT solutions or implement the principles of circular economy. In addition, the mining companies will support each other in the acquisition of external co-financing for innovative solutions in mining. Detailed terms of cooperation will be defined in separate agreements.
 

“Each of the companies signing today’s letter of intent has decades of experience in the field of extraction. We had decided that sharing this knowledge could bring tangible results in terms of production efficiency and – which is extremely important – underground work safety”, said Artur Wasil, President of the Management Board of LW Bogdanka S.A. “We place great emphasis on modern technologies. We have the Mine of Intelligent Solutions programme in place, we have for years now been cooperating with academic centres, including the Polish Academy of Sciences and the AGH University of Science and Technology. We strive to be one of the top modern and innovative companies in the world. By joining our forces, we can achieve these ambitious goals faster”, added Artur Wasil.


“Polish mining is considered to be one of the most modern in the world, and the alliance of three mining companies guarantees its further development. Only further growth will allow us to maintain the position of leaders in our markets”, said Daniel Ozon, President of JSW.


“There is no doubt in my mind that our unique experience and knowledge gathered at KGHM is the company’s true capital. We are building the position of a Polish and global giant on the basis of these resources. In accordance with the new strategy, we are already significantly increasing our expenditure on innovations. Cooperation in this area and exchange of experience will intensify our activities”, said Marcin Chludziński, President of KGHM, during the ceremony of signing the letter of intent.

On behalf of JSW S.A. the agreement was signed by Daniel Ozon, President of the Management Board. KGHM Polska Miedź S.A. was represented by President of the Management Board, Marcin Chludziński, and Vice-President for Production, Radosław Stach, while LW Bogdanka S.A. was represented by President of the Management Board, Artur Wasil, and Deputy President of the Management Board for Employee and Social Affairs, Adam Partyka.

 


Additional information is available from:

 

LW Bogdanka SA

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

JSW SA

Tomasz Siemieniec
tel. (+48) 32 756 4479
e-mail: tsiemieniec@jsw.pl

 

KGHM SA

Anna Osadczuk
tel. (+48) 76 76 74 78 865, 661 404 092
e-mail: rzecznik@kghm.com

 


LW BOGDANKA – HIGHLIGHTS

Lubelski Węgiel BOGDANKA S.A. is the most modern and one of the largest hard coal mines in Poland. In 2018, the production of Bogdanka’s commercial coal amounted to 9 million tonnes.

LW Bogdanka conducts mining activity with respect to extraction, agglomeration and sale of hard coal. The BOGDANKA mine supplies mainly industrial customers based in the eastern and north-eastern Poland. The customer base is stable, and the sale is carried out mainly under long-term contracts. Major recipients of LW BOGDANKA’s commercial coal are the commercial power and the 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. In December of 2018, the Company was included by the WSE on the prestigious RESPECT Index for no less than the tenth time.

Since October 2015, LW Bogdanka S.A. has been part of the Enea Group, one of the leaders in the Polish power market.
 

For further information visit  www.bogdanka.eu

 


JSW – HIGHLIGHTS

Jastrzębska Spółka Węglowa is the largest producer of hard coking coal in the European Union and one of the leading producers of coke used for steel smelting. JSW products are distributed to several countries worldwide. Its main customers are based in Poland, Austria, the Czech Republic, Germany, Slovakia, Italy, and India. Coking coal produced at the mines of Jastrzębska Spółka Węglowa is one of the 27 raw materials included in the list of critical raw materials of the European Union, and thus of significant importance for the European economy.

The JSW Group consists of several companies operating in the mining, IT, environmental protection and R&D industries. Jastrzębska Spółka Węglowa is at the forefront of implementing modern solutions and positions itself as the pacesetter of the development of Polish mining industry. Innovative technologies are intended to improve the quality and efficiency of production, reduce costs, and increase employee safety. JSW is one of the largest employers in Poland, with 27,000 staff across the Group. Since 2011, Jastrzębska Spółka Węglowa has been listed on the WIG20 index and is also one of the companies on the prestigious RESPECT Index.

For further information visit www.jsw.pl

 


KGHM Polska Miedź S.A. – HIGHLIGHTS

KGHM Polska Miedź S.A. is Poland’s largest and one of the world’s leading companies involved in the mining and processing of non-ferrous metals. It conducts technologically advanced exploration and production of natural resources as well as metallurgical activities. KGHM is present on three continents. The company has access to rich copper and molybdenum deposits in Poland, Chile, the US, and Canada. It is the largest exporter among State Treasury companies.

Copper, silver and other metals with the KGHM mark have for many years been synonymous with top quality, appreciated and recognised globally. The company is one of the largest producers of metallic silver in the world. It produces about 1,200 tonnes of this precious metal every year. Cathode silver, with more than 99.99 Ag content (so called, four nines), is produced in the form of bars weighing 1,000 troy ounces (32.15 kg) and granules Silver in the form of bars, registered under the brand KGHM HG, has the certificate of being listed at NYMEX, New York Mercantile Exchange, as well as the Good Delivery certificate issued by the London Bullion Market Association.

KGHM enjoys the reputation of a reliable producer, a trusted contractor, and a believer in sustainable development policy. It is appreciated for its innovativeness in day-to-day operations and eager implementation of new technologies.

For further information visit  www.kghm.com
 

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