In October 2025, total coal production amounted to 1.40 million tons, which represents 99.6% of the plan. During this period, coking coal production stood at 1.26 million tons (98.9% of the plan), while steam coal production amounted to 0.15 million tons, exceeding the target by 5.6%. YTD (January to October) coal production reached 10.92 million tons, or 98.5 percent of the plan.
Production levels were primarily influenced by factors beyond the Company's control. In May and September, two force majeure events were declared at the Budryk and Borynia-Zofiówka, Zofiówka Section, mines due to endogenous fires. In addition, some units finished mining their longwalls earlier than planned, which translated into increased production in previous months and lower output in October. An additional difficulty was posed by more challenging geological and natural conditions, which affected the progress of the works.
Despite these challenges, JSW recorded good sales results. Total coal sales in October amounted to 1.55 million tons, which represents 112.1% of the plan. Record high sales were achieved in the steam coal segment, where the volume reached 0.60 million tons – as much as 327% of the plan. A decline was recorded only in the sale of coking coal (0.95 million tons, 79% of the plan), which is due to the difficult situation on the steel market that has persisted for a long time. In the period from January to October, total coal sales were in line with the plan and amounted to 11.11 million tons (100.4%).
The coke segment also remained stable. Coke production in October amounted to 0.30 million tons, reaching 100% of the plan, while sales increased to 0.30 million tons, or 112.4% of the planned level. On an annual basis, coke production exceeded the plan by 2.9%, and sales by 0.2%, confirming the high efficiency of the segment.
Despite the difficult situation in the European steel sector, the Company maintains a stable position on the market. According to Worldsteel data, in September 2025, steel production in the European Union fell by 4.5 percent year-on-year, which directly affects the demand for coking coal and coke.
Detailed information on the implementation of the Technical and Economic Plan objectives in October 2025 can be found at: Current Report No. 104/2025.