In July JSW's mines produced 1.23 million tons of coal, accounting for 94.5 percent of the TEP. Most importantly, however, in January-July 2025 the Company realized 103.3 percent of its production target, reaching 7.43 million tons. This is the result of accelerated commissioning of new longwalls, improved work organization and incentive solutions introduced as part of the Strategic Transformation Plan.
Higher output is followed by higher coal sales. In July, 2.1 percent more coal was sold than planned. Since the beginning of the year, plans have been exceeded by 1.4 percent.
July brought excellent results in coke production - as much as 0.30 million tons, nearly 19 percent more than the plan. Although some shipments to India were postponed due to administrative procedures, JSW stresses that Poland maintains its position as the largest supplier of coke to that market, and contracts will be performed on schedule in the second half of the year.
July was a period of price rebound. Premium Low Vol coal rose from 173.50 USD/t (beginning of July) to 183.20 USD/t (end of July), and Chinese coke (64/62 CSR) rose from 179 USD/t to 204 USD/t. Although average prices were slightly below TEP forecasts, the Company hopes for further positive developments in the second half of the year, supported by growing demand in Asian markets.
Despite random events, such as the May fire at the Budryk mine, JSW maintains stable production levels and consistently implements its Strategic Transformation Plan.
