Poland’s largest coking coal producer, JSW, announced that it is not currently considering acquiring any mining assets from Polska Grupa Gornicza (PGG). Adam Rozmus, JSW’s vice-president for technical matters, made the statement during a press conference on Monday, confirming that the company is focused on its own operations rather than new acquisitions.
Rozmus also reiterated JSW’s coal production target for 2024, set at 12.45 million tonnes. He added that production in 2025 is expected to significantly surpass the 12 to 13 million tonne range, although specific figures were not provided.
Ryszard Janta, JSW’s CEO, addressed questions about the company’s ongoing restructuring efforts, stating that detailed analyses are underway across all of JSW’s operations. He emphasized that simply returning to annual production levels of 14 to 15 million tonnes would not be sufficient to meet the company’s future goals. Janta also noted that the group is closely examining labor costs as part of its broader strategy.