Butovskaya Coal Mine

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Butovskaya coal mine (шахта Бутовская) is an underground coal mine in the Kemerovo Oblast, Russia.

Location

The map below shows the exact location of the mine, just north of Kemerovo, in Kemerovsky District, Kemerovo Oblast, Russia.[1][2]

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Background

The Butovskaya coal mine is owned and operated by Shakhta Butovskaya LLC, whose ultimate parent is KOKS PJSC.[3] KOKS Group also includes the Management Company Industrial Metallurgical Holding (IMH)[3], which is often referred to as the owner of Shakhta Butovskaya LLC.[1][4]

The mine produces coking coal for metallurgical industry.

The first stage was commissioned in 2013 and the second stage in 2017.[5] Expansion to the second stage was to reach 1.9 Mt of capacity in 2017 from 1.3 Mt/year previously.[6] The company then expected Butovskaya's full capacity utilization to reach 2.3 million-2.5 million Mt/year, before reaching 2.7 million mt/year in 2021, to boost the group's coking coal self-sufficiency.[5][6] Another source from 2022 reported that the mine's capacity was 2.7 million tonnes already in 2016.[7]

Production at the mine was suspended in September 2020.[4] According to KOKS Group's 2022 annual report, production was suspended due to unfavourable market conditions for grade KO coal.[8] The mine went into the bankruptcy proceedings in 2021.[9]

In 2022, the technical liquidation project of the mine was approved.[10] As at 31 December 2022 restoration and technical liquidation liability related to the mine has been recognized in the amount of RR 701 million.[10]

No historical production figures are available for the mine, but it appears that production was below 2 million tonnes per annum prior to its closure.

The license was revoked in August 2022.[4] The mine's assets were planned to be auctioned off on September 30, 2022.[11]

In August 2023 it was reported that the Kemerovo arbitration court approved a settlement agreement between Shakhta Butovskaya LLC and its creditors and terminated bankruptcy proceedings. Creditors entered into a settlement agreement with the mine.[4]

Mine Details

  • Owner: Shakhta Butovskaya LLC
  • Parent: KOKS PJSC[3]
  • Location: North of Kemerovo, in Kemerovsky District, Kemerovo Oblast, Russia
  • GPS Coordinates: 55.475515, 86.085395 (exact)
  • Status: Closed[9][11]
  • Production Capacity: 1.9 Mtpa (capacity)
  • Total Resource: 107 Mt[9]
  • Mineable Reserves:
  • Coal type: Bituminous (Met)[1]
  • Mine Type: Underground (longwall)[12][13]
  • Start Year: 2013[5]
  • Source of Financing:

Articles and resources

References

  1. 1.0 1.1 1.2 Industrial Metallurgical Holding, "Butovskaya mine" accessed 9 august 2019.
  2. Шахта «Бутовская», Wikimapia, accessed Mar. 2021.
  3. 3.0 3.1 3.2 "KOKS 2022 Annual Report" (PDF). www.metholding.ru/. 2023.{{cite web}}: CS1 maint: url-status (link)
  4. 4.0 4.1 4.2 4.3 "Шахта «Бутовская» заключила мировое соглашение с кредиторами". www.kommersant.ru/. August 2023.{{cite web}}: CS1 maint: url-status (link)
  5. 5.0 5.1 5.2 "IMH Holding Butovskaya mine". metholding.ru. 2021. Retrieved accessed through Wayback Machine. {{cite web}}: Check date values in: |access-date= (help)CS1 maint: url-status (link)
  6. 6.0 6.1 "Russia's IMH to supply 2 mil mt/year merchant pig iron after Tula Steel starts". S&P Global. October 18, 2017.{{cite web}}: CS1 maint: url-status (link)
  7. "В Кузбассе закрывают крупную шахту. Она приносит владельцам миллиардные убытки". /ngs42.ru. April 2022.{{cite web}}: CS1 maint: url-status (link)
  8. "KOKS 2022 Annual Report" (PDF). www.metholding.ru/. 2023.{{cite web}}: CS1 maint: url-status (link)
  9. 9.0 9.1 9.2 "На шахте «Бутовская» ПМХ в Кузбассе введено наблюдение". kommersant.ru. March 3, 2021.{{cite web}}: CS1 maint: url-status (link)
  10. 10.0 10.1 "IMH Annual Report 2022" (PDF). www.metholding.ru. 2023.{{cite web}}: CS1 maint: url-status (link)
  11. 11.0 11.1 "Имущество шахты «Бутовская» выставлено на торги за 88 млн рублей". kommersant.ru. August 19, 2022.{{cite web}}: CS1 maint: url-status (link)
  12. Industrial Metallurgical Holding, "IMH-Coal" accessed 9 August 2019.
  13. Industrial Metallurgical Holding, "Session on mines under construction" 13 January 2011.

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