Jastrzebska Spolka Weglowa

Coking coal producer downgrades expectations due to incidents at two mines – KWK Budryk and KWK Pniowek

The incident will lead to a reduction in coking coal production by 350,000 tons in 2024

Coke production during July-September decreased by 8.2% q/q

Coal production decreased by 4% y/y, and coke production – by 11% y/y

Coke production in April-June amounted to 850 thousand tons

Coke production in the first quarter fell by 12% y/y

The company aims to reduce greenhouse gas emissions by 27% by 2026 compared to 2018, and by 30% by 2030

The state provided the company with additional funds for the construction of coke battery №4 at the Koksownia Przyjazn plant

In October-December, coke production fell by 23.6% y/y and production of coking coal decreased by 0.4% y/y

The company opened new sites in the operating longwall at the Knurow-Szyglowice mine

Against the background of higher prices, the company prefers the production of thermal coal