About JSW

The JSW Group is the largest producer of high quality type 35 (hard) coking coal and a significant coke producer in the European Union.

• JSW's coking coal is used mainly in the production of coke, which is - in addition to iron ore - the key ingredient of feedstock for manufacturing steel.

• At its own coke plants, the JSW Group processes approximately 40% of the coking coal it produces, which enables it to offer a final product that is more processed and of higher value.
  

• The Company is also a producer of steam coal, sold mainly to power plants and CHP plants.

Jastrzębska Spółka Węglowa S.A. was established on 1 April 1993 as one of the seven coal companies founded at that time. It consisted of seven independently functioning mining companies, which were transformed into a state company (a company wholly owned by the State Treasury).

JSW is composed of five hard coal mines: Borynia-Zofiówka, Budryk, Jas-Mos, Krupiński, and Pniówek, where coking coal and steam coal is excavated, as well as the Material Logistics Centre. Companies with capitalties to JSW S.A. include: Koksownia Przyjaźń Sp. z o.o., Kombinat Koksochemiczny „Zabrze” S.A., Wałbrzyskie Zakłady Koksownicze „Victoria” S.A., Spółka Energetyczna Jastrzębie S.A., Jastrzębskie Zakłady Remontowe Sp. z o.o., Jastrzębska Spółka Kolejowa Sp. z o.o., and Polski Koks S.A. 

In 2011, 8.8 million tonnes of coking coal (including 7.3 million tonnes of type 35 coking coal) and 3.8 million tonnes of steam coal were excavated at JSW mines. In 2011, 3.1 million tonnes of coke were produced by Koksownia Przyjaźń. 

JSW mines contain approximately 0.55 billion tonnes of documented recoverable reserves of coal. The Group plans to enlarge the recoverable reserves base to 0.84 billion tonnes. This will enable it to maintain a strong position in international markets for the next 60 years.

The mining area of JSW is located in the Upper-Silesian Coal Basin. The Group's products are purchased by customers from Poland as well as from Germany, Austria, the Czech Republic, Slovakia, Romania, and Hungary. Major external customers for the coking coal offered by the Group include ArcelorMittal Poland, voestalpine Stahl, U.S. Steel, Moravia Steeland Koksownia Częstochowa Nowa. In addition to external customers, the largest portion of coal traded by the Group is supplied to Koksownia Przyjaźń for the coking operations of the Group.

European markets of coking coal and coke, which are of key importance to JSW, are the markets where shortages are observed. In Europe, Poland is the only significant coke producer and the sole, apart from the Czech Republic, coking coal exporter.

As at the end of 2011, the Group employed more than 29,700 employees, of which 22,900 were employed by JSW, and 1,700 - by Koksownia Przyjaźń.