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Poland’s JSW Targets Higher Coal Production in 2025, Not Eyeing New Acquisitions

By October 7, 2024No Comments

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.

The MINEX Forum 

Was founded in 2005 to stimulate international cooperation in the field of sustainable development of mining and metallurgical production in Eurasian countries. Over the years, the MINEX Forum has become one of the most authoritative international events in Europe and Central Asia. The forum’s ecosystem brings together thousands of specialists from hundreds of companies and organisations around the world. 

www.minexforum.com  

Advantix Ltd 

MINEX Forum is organised under International Trademark owned by Advantix Ltd. Founded in the UK in 2002 Advantix specialises in the organisation of international events in the field of international finance, mining & metallurgy, critical raw materials, industrial digitalisation, the transition to low-carbon production, etc. 

www.advantix.com  

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