28
Jun
13:41
OKD confirms 2026 mine liquidation, eyes renewables future
Czech state-owned coking coal miner OKD confirms it will liquidate its mine following the cessation of operations at end-2025. The firm delivered 1.9 million tonnes of coking and thermal coal in 2023, registering net profit of CZK 2.9 billion ($115.8 million), Kallanish notes.
The miner has been focusing mainly on coking coal as it has proved more profitable than thermal coal. It says there is a possibility mining could be extended to mid-2026 to extract coal from…
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Very good overview of the weekly steel market.
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