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Poland's JSW upholds 2015 coal output goal of 16.4 mln tonnes

Published 2015-08-06, 04:43 a/m
© Reuters.  Poland's JSW upholds 2015 coal output goal of 16.4 mln tonnes
JSW
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WARSAW, Aug 6 (Reuters) - Poland's coking coal miner JSW
JSW.WA said on Thursday its 2015 coal output target of 16.4
million tonnes is intact with production in the first half of
the year at 7.7 million tonnes.
The state-run JSW, which is the European Union's biggest
coking coal producer, is struggling to stay above water amid
record low coal prices and high production costs.
The company said that the bulk of its production in the
first half of the year was the coking coal, which stood for 5.4
million tonnes of the total output.
In 2014 JSW produced 13.9 million tonnes and the rise year
on year results mostly from the company's purchase of a new mine
in August last year.

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