“We operate transparently and respond to the expectations of our employees, investors and analysts. By publishing the assumptions of the plan, we show that we have a clearly defined vision for the development of the Company and for stabilizing its operations in individual periods," said Ryszard Janta, President of the JSW SA Management Board.
In addition to the Technical and Economic Plan assumptions, the Company has published its operating results for April and May 2025. The Company is recording increasing production and sales. This is primarily the result of the implementation of the initiatives of the Strategic Transformation Plan introduced at JSW.
In both months, coal production was higher than planned. In April 2025, the Company's mines produced nearly 7 percent more coking coal than planned. May was even better, with an increase in coking coal production against plan of more than 20 percent. Overall, since the beginning of 2025, the Company has produced 9.6 percent more coking coal than assumed in the Technical and Economic Plan. Coking coal sales in the period, in turn, were 7.6 percent higher than planned. Coke production at JSW Group units has reached 99.5 percent since the beginning of the year. The Company has consistently moved away from mining steam coal, focusing on coking coal mining and coke production as its key strategic objective.
“The Strategic Transformation Plan we have introduced is yielding tangible results, as can be seen from the Company's published production and sales reports for recent months," says Adam Rozmus, Vice-President of the JSW SA. Management Board for Technical and Operational Matters.
April 2025 Technical and Economic Plan actuals
Total coal production in April 2025 was: 1.03 million tons, which is 101.5% of the Plan for this month [according to the TEP assumptions, the planned production level was 1.02 million tons].
Coking coal production in April 2025 was: 0.86 million tons, which is 106.7% of the Plan for this month [according to the TEP assumptions, the planned production level was 0.80 million tons].
Steam coal production in April 2025 was: 0.17 million tons, which is 81.7% of the Plan for this month [according to the TEP assumptions, the planned production level was 0.21 million tons].
Total coal sales in April 2025 were: 1.02 million tons, which is 103.5% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.99 million tons].
Coking coal sales in April 2025 were: 0.89 million tons, which is 111.6% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.79 million tons].
Steam coal production in April 2025 were: 0.14 million tons, which is 70.2% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.19 million tons].
Coke production in April 2025 was: 0.23 million tons, which is 98.2% of the Plan for this month [according to the TEP assumptions, the planned production level was 0.24 million tons].
Coke sales in April 2025 were: 0.24 million tons, which is 94.0% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.25 million tons].
May 2025 Technical and Economic Plan actuals
Total coal production in May 2025 was: 1.18 million tons, which is 111.2% of the Plan for this month [according to the TEP assumptions, the planned production level was 1.06 million tons].
Coking coal production in May 2025 was: 1.00 million tons, which is 120.1% of the Plan for this month [according to the TEP assumptions, the planned production level was 0.83 million tons].
Steam coal production in May 2025 was: 0.18 million tons, which is 79.6% of the Plan for this month [according to the TEP assumptions, the planned production level was 0.23 million tons].
Total coal sales in May 2025 were: 1.05 million tons, which is 104.6% of the Plan for this month [according to the TEP assumptions, the planned sales level was 1.00 million tons].
Coking coal sales in May 2025 were: 0.91 million tons, which is 112.8% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.81 million tons].
Steam coal sales in May 2025 were: 0.14 million tons, which is 70.7% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.20 million tons].
Coke production in May 2025 was: 0.24 million tons, which is 97.2% of the Plan for this month [according to the TEP assumptions, the planned production level was 0.25 million tons].
Coke sales in May 2025 were: 0.24 million tons, which is 95.9% of the Plan for this month [according to the TEP assumptions, the planned sales level was 0.26 million tons].
The publication of the assumptions laid down in the Technical and Economic Plan for that year is a response to stakeholder questions and care for transparency in communication.
The presented operating results of the coal segment take into account both the effects of implementing the initiatives of the STP, as the Company announced in Current Report No. 43/2025 dated 23 May 2025, and the expected loss of production volume in 2025 of approx. 800 thousand tons, caused by an event that occurred on 22 January 2025 at the Knurów-Szczygłowice Mine, Szczygłowice Section, where methane ignited, as the Company reported in Current Report No. 11/2025 dated 29 January 2025.
Details of TEP assumptions for 2025: link
Details of data on the achievement of the targets of the Technical and Economic Plan for the months of April and May 2025: link
