Czech coal miner OKD will extend mining until at least the end of 2023

Czech coal mine worker OKD plans to extend mining until at least the end of 2023, Finance Minister Zbyněk Stanjura and OKD Chairman Roman Sikora announced Thursday, adding that the country has sufficient steam and coking coal. rice field.

The company is currently signing steam coal contracts with major customers until June 30, 2023. OKD management will begin seeking mining permits for the next period that will ensure coal supply to key customers until 2025.

EU coal production has declined since 1990, along with the number of countries mining anthracite. Black charcoal was mined in 13 EU countries in 1990, but is currently only mined in Poland and the Czech Republic, where OKD is the only producer.