Despite the difficult financial situation and costs reduction in many areas, Jastrzębska Spółka Węglowa does not reduce spending on safety. More than PLN 736 million will be spent on prevention of occupational health and safety in 2016 including over PLN 515 million for the prevention of natural hazards.
The construction of the reservoir with a capacity of approximately 4 thousand tons of excavated material has just been accomplished in belonging to JSW Pniówek mine. A modified roadheader has been used for the drilling what allowed the complete elimination of blasting, usually accompanying the construction or deepening of vertical pits.
Thanks to the entry into force of the agreement with the social side the company significantly reduced costs in the first quarter of this year. Despite the lowest benchmark prices for premium coking coal since the IPO, JSW capital group EBITDA amounted to PLN112 million, and net loss to PLN 59.5 million.
JSW Group