Talks in Davos with financial institutions and major mining companies
20 January was the last day of the World Economic Forum in Davos. It was attended by President of Lubelski Węgiel Bogdanka's Management Board Kasjan Wyligała, who took part in meetings and discussions on the challenges facing Bogdanka in the near future.
The discussions relevant from the company's point of view concerned issues related to the ESG area. This is important because the company has recently completed its ESG Strategy and is one of the ESG leaders.
Representatives of the mining industry also discussed topics related to the exploration of rare earth element deposits and their role in the energy transition.
The Davos Economic Forum is an excellent place to talk to financial institutions and major mining companies about development projects in the Polish mining industry. Bogdanka faces serious challenges in the future, including among others: diversifying revenues by expanding its areas of operation using our knowledge and experience. The details will be laid down in the strategy that we are working on,
said Kasjan Wyligała, President of the Management Board of Lubelski Węgiel Bogdanka S.A.
Lubelski Węgiel Bogdanka S.A. is a leading hard coal producer in Poland that stands apart from its peers in terms of its modern and efficient mining. It is one of the largest Polish hard coal mines. Lubelski Węgiel Bogdanka S.A. chiefly conducts mining operations in terms of hard coal extraction, enrichment and sales. It supplies this raw material mainly to industrial offtakers. Supply contracts are long-term, and the product is sold to the commercial power sector and the industrial power sector.
The company has been listed on the Warsaw Stock Exchange since June of 2009. In August 2022, Lubelski Węgiel Bogdanka S.A. returned to listing on the WIG-ESG Index.
Since October of 2015 Bogdanka has been a member of the Enea Group, the second largest player on Poland’s electrical power market in terms of the generation of electricity, which manages the entire value chain on the electricity market ranging from fuel to the generation of electricity, distribution, sales (supply) and customer service.