Raspadskaya

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Raspadskaya (company)

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Raspadskaya
ОАО Распадская
Type Public (OAO)
Traded as MICEX-RTSRASP
Industry Mining
Founded 1973 (1973)
Headquarters Kemerovo, Russia
Key people Alexander Vagin (Chairman)
Gennady Kozovoy (CEO)
Products Coal
Revenue increase US$705.6 million (2010)
Net income increase US$244.8 million (2010)
Employees 7,863
Website www.raspadskaya.com

Raspadskaya (Russian: ОАО Распадская; traded as: MICEX-RTSRASP) is a Russia-based coal-mining company located in Kemerovo.

Raspadskaya's total resources were estimated at 1,461 million tons and total coal reserves at 782 million ton (JORC standards, according to IMC Consulting report as of June 2006, of which 22 million tons produced by 31 March 2008). High quality of our reserves allows us to employ highly productive modern equipment and achieve high recovery rates. Based on the volume produced in 2007, our reserves-to-production ratio amounts to about 55 years of production.

The company export to Ukraine and Eastern Europe and its in the process of actively exploring entry to the South-Asian markets.

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