Our objective is to increase supply to and strengthen our presence in the premium, high-margin markets, especially in the Asia-Pacific region. We are growing the share of washed coal within our product portfolio, developing sales of premium sized coal and increasing the trading of semi-soft and hard coking coal with international and Russian metallurgical customers. Current investment in the development of new coal deposits is solely targeted at the most economically efficient projects. We also expect to maintain synergies from association with the Russian electric power industry by signing long-term contracts with energy producers.
Our overarching mission is to make people’s lives better
Making our homes warmer
Making our cities brighter and bigger
Making the world go round
Making our
homes warmer
Coal is one of the world’s main sources of power. Fuelling our lives. Heating our homes. Keeping us warm in winter. Affordable and widely available, it brings light and heat to all four corners of the Earth, satisfying people’s basic needs even in remote and less developed regions.
41%
of global electricity generation produced using coal
every 5th
individual in the world still lacks access to electricity
Making our cities
brighter and bigger
As the world’s population grows, more and more people are living in urban areas. A major component of urban energy systems, coal will keep the bright lights on in the big cities for many years to come. Coal also fuels the production of cement, steel and glass – vital materials that form the living fabric of urban growth and infrastructure.
1t 5t
one tonne of coal is used to produce every five tonnes of cement
Making the world
go round
In the world’s growing economies, coal is critical to the development of transport infrastructure because it is essential to the production of steel, aluminium and cement. Coal can also provide liquid fuel for cars and jets and generate power for electric vehicles. Meeting the energy needs of modern transport. Keeping people moving. Making the world go round.
50%
share of coal in the power mix used in aluminium production globally
770kg
of coal is used to produce a tonne of crude steel
SUEK at a glance
Favourable geographical position
The favourable geographical spread of our production assets, as well as our extensive sales network, enables us to ensure the timely, seamless and efficient supply of coal to our customers across the globe.
Chairman’s statement
JSC SUEK CEO’s statement
How we create value
We create value in a number of ways within four key areas of activity:
Strategy
We maintain low-cost and efficient coal production by refining our operational processes and modernising our equipment and production units. We will continue to improve internal management processes with the express intention of boosting the profitability of the business.
We plan to keep costs under control through focused investment. Increasing the loading capacity of our port facilities will maximise exports shipped out of our own ports. Working with Russian Railways (RZhD), we are also undertaking projects to reduce the time it takes to deliver coal by rail.
All SUEK’s companies comply with the best international standards in occupational and industrial safety. Our fundamental aim is to reduce injury rates and prevent fatal accidents.
Our aim is to contribute to global energy security by producing coal safely and sustainably while delivering value to all our stakeholders. Our environmental programmes are designed to minimise any impact our business might have in the areas where we work. SUEK also seeks to sustain its position as one of the most attractive employers in the Russian mining industry, primarily through the quality of our employee training and development programmes. Ongoing investment in environmental, public, educational and social projects should improve the quality of life within the communities where SUEK operates.
