The Company fulfills all contractual obligations. One of the terms of the contract is “Construction of a plant for the production of coal-chemical products”, in connection with which the Company in March 2022 acquired a 50% stake in the plant for the production of coke and invested more than 700 thous. USD to increase capacity and modernize production. The production site is located in the Western industrial zone of the city, on an area of 5 hectares with a developed infrastructure (railroad dead end, electric power, water, etc.). The current capacity of the plant is 2400 tons / month, it is planned to increase to 3600 tons / month in the 2-3 quarter of 2022. After the implementation of this measure, the net profit of the plant will amount to 4 million USD/year.
644 mln tons – reserves of high-calorific coal.
• Wardell Armstrong international Report – 2018
• 7.9 mln tons have been mined since the beginning of the development.
Core business: Production and sale of coal from the coal deposit.
Coal mining contract: until November 2038.
Coal area: The contract area covers 25.17 km3, depth 140m, with an absolute point of 410 m.
- Sales volume for 2021 – 2 000 thous. tons.
- Plan for 2022 – 3 000 thous. tons
Description
The Company fulfills all contractual obligations. One of the terms of the contract is “Construction of a plant for the production of coal-chemical products”, in connection with which the Company in March 2022 acquired a 50% stake in the plant for the production of coke and invested more than 700 thous. USD to increase capacity and modernize production. The production site is located in the Western industrial zone of the city, on an area of 5 hectares with a developed infrastructure (railroad dead end, electric power, water, etc.). The current capacity of the plant is 2400 tons / month, it is planned to increase to 3600 tons / month in the 2-3 quarter of 2022. After the implementation of this measure, the net profit of the plant will amount to 4 million USD/year.
644 mln tons – reserves of high-calorific coal.
• Wardell Armstrong international Report – 2018
• 7.9 mln tons have been mined since the beginning of the development.
Core business: Production and sale of coal from the coal deposit.
Coal mining contract: until November 2038.
Coal area: The contract area covers 25.17 km3, depth 140m, with an absolute point of 410 m.
Basic Details
Target Price:
TBD
Gross Revenue
$1,137,456
EBITDA
$963,601
Business ID:
L#20220393
Country
Kazakhstan
Detail
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