History
SUEK was based on the idea to consolidate disparate coal enterprises throughout Russian regions into an industrial holding in the early 2000s. The assets that formed SUEK were distressed – the production capacity was less than 30 million tons per year, the enterprises employed 70,000 miners yet productivity was low, and virtually none of its output was exported. Amid the collapse of mining businesses and widespread miners strikes due to unpaid wages and poor working conditions, the average equipment depreciation was 90%. During the early years of the business, SUEK’s assets were renovated and debts were repaid. The old mines and worn-out equipment were transformed into modern enterprises, several enrichment factories and modules were put into operation, incorporating the processing technologies that allowed SUEK to produce highly enriched coal with low impurity levels. SUEK built coal bulk terminals and seaports, and built a coal mine methane processing station to generate power within the framework of the Kyoto Protocol. According to the Financial Times, it has invested in high-capacity washing plants and has ash control technologies at all its coal ports. The first smart mining management control center was built to run all SUEK’s operations, monitoring the location and well-being of miners working underground. After the consolidation of electric power assets, the Siberian Generating Company (SGC) was created as a part of SUEK, and spun out as a separate company. In 2018, SUEK took over SGC. In the last 15 years, SUEK has invested US$10 billion in coal production and power generation. SUEK's assets produce nearly 110 million tons of coal annually and the company employs over 70,000 people.Owners and management
The Chairman of the Board of Directors -Operations
SUEK operates 28 open-pit and underground mines and 27 power plants inSustainability
According to S&P Global Ratings, "while the coal sector faces increasingly immediate environmental and social risks, SUEK's mining segment outperforms peers on reducing greenhouse gas (GHG) emissions. According to ESG Ranking of Russian companies 2021 by RAEX, SUEK ranks 11th out of 110 companies. According to Bettercoal and IEA, SUEK produces coal sustainably using such technologies as dust suppression and air filtering, methane capturing for energy generation, a closed water cycle with wastewater treatment, and land re-cultivation projects. As part of Bettercoal Code compliance audit in 2018, SUEK aims to reduce hazardous waste through its re-cultivation programmes. SUEK’s subsidiary SGC produces sustainable energy by co-generation of electricity and heat. SGC operates combined heat and power plants (CHPP) aimed to reduce fuel use and emissions per unit of energy produced, with 96% for heat and 38% for electricity produced in the combined cycle.Performance Indicators
Performance indicators for years, coal production amounted to: * 2020—101.2 million tons of coal *2019—106.2 million tons of coal *2018—110.4 million tons of coal * 2017—107.8 million tons of coal * 2016—105.4 million tons of coal. * 2014 - 98.9 million tons of coal. * 2013 - 96.5 million tons, which is 1% less than in 2012 (according to the company's annual report for 2013). * 2012 - 97.5 million tons of coal, which is 6% more than in 2011 (according to the company's annual report for 2012). * 2011 - 92.2 million tons of coal (an increase of 3% compared to 2010). Reserves as of mid-2008 - 5.8 billion tons.References
External links
* {{lang in, en Coal companies of Russia Companies based in Moscow Energy companies established in 2001 Non-renewable resource companies established in 2001