OJSC KhK Yakutugol is a Russian coal company located at Neryungri, Yakutia. Established in 2002 by the public offering of the State-owned SUE Yakutugol. Mechel owns 100% of its shares since October 2007. Mechel bought 25% of the company shares at an auction in 2005 for US$410 mln and the rest 75% on October 5, 2007 for 58bn rubles. (together with Elgaugol).
Yakutugol Mining Company is one of Russia’s leading coal producers and is located in the Sakha Republic in the Far East of Russia. The company was established in 1988 and is owned by Mechel, one of the largest metals and mining companies in Russia. Yakutugol is the largest coal producer in the region and is responsible for the production of over 12 million tons of coal per year. The company’s operations are mainly located in the Aldan and Ust-Yansk districts and it has an extensive network of mines, processing plants and transportation infrastructure.
Yakutugol produces a variety of coal products including coking coal, thermal coal and anthracite. The company also produces and sells coal briquettes and other coal-based products. Yakutugol supplies coal products to many of the major steel and energy companies in Russia and other countries. The company also exports coal to Europe, Asia and the United States.
Yakutugol has invested heavily in modernizing its production facilities and expanding its mining operations. The company has also implemented a number of safety and environmental measures to protect its employees and the environment. Yakutugol is committed to providing its customers with high quality coal products and services.
Yakutugol has a strong commitment to social responsibility and is involved in a variety of projects to improve the quality of life in the Sakha Republic. The company supports local schools and hospitals, provides employment opportunities for local residents, and helps to develop infrastructure such as roads and bridges. Yakutugol also works with local authorities to ensure that its operations are conducted safely and with minimal environmental impact.
Yakutugol is an important part of the Russian coal industry and plays an important role in the economic development of the Sakha Republic. The company is committed to providing its customers with high quality coal products and services, while at the same time protecting the environment and promoting social responsibility.