In November 2025, Jastrzębska Spółka Węglowa mines produced a total of 1.26 million tons, which represents 107.1% of the planned level. Coking coal production reached 1.05 million tons, or 99.4% of the TEP, while steam coal production reached 0.2 million tons, or 179.1% of the plan. However, total coal sales were lower than expected, reaching 1.04 million tons, or 76.7% of the plan. Sales of coking coal amounted to 0.87 million tons, which represents 73.4% of the target, while sales of steam coal amounted to 0.17 million tons, which is in line with expectations. YTD, in the period from January to November 2025, coal production was practically at the level assumed in the Plan and amounted to 12.18 million tons, which corresponds to 99.3% of the TEP.
It should be noted that the production level in 2025 was affected by events of chance, including endogenous fires in the Budryk and Borynia-Zofiówka, Zofiówka Section mines, which required temporary sealing off of the affected areas. In addition, in November, raw coal storage tank No. 2 at the Budryk mine collapsed, significantly reducing the mine's production capacity and causing an expected loss of production volume of approximately 200,000 tons until the end of the year.
The lower-than-expected total coal sales volume was primarily due to lower sales of coking coal, resulting from the difficult market situation in the European steel industry, which limited the performance of contracts. Logistical difficulties and the consequences of earlier events in the mines, which affected the quality of the raw material produced, also had an impact on shipment levels. Sales of steam coal, in turn, were in line with the assumptions of the Technical and Economic Plan.
As for coke, production in November 2025 amounted to 0.29 million tons, which represents 98.2% of the target, while sales of this product amounted to 0.26 million tons, or 76.9% of the target. Lower sales were due to the postponement of shipments to December and the continuing weak economic situation on the European steel market. According to worldsteel.org data, in October steel production in the European Union fell by 3.5% year-on-year.
Details of the implementation of the TEP in November 2025 can be found here: www.jsw.pl/en/investors-relations/stock-market-reports/current-reports/current-report/current-report-no-115-2025
