Ministry director says the reserves are still enough for over 50 years

The project comes despite the city’s pledge of having the lowest carbon footprint by 2050

The project has an investment of about TRY 1 million

Overall output for the first nine months of 2020 stood at over 40 million tons

Coal imports during the said period also dropped by over 4 percent

The company is currently building a coal enrichment plan

For the first time in the current fiscal, results were at the same level of last year

The company’s output guidance of about 40 million tons remains unchanged

The company disclosed that its realization so far is in line with earmarked volumes

The country’s coal production has been steadily increasing in the last years

The move comes after its failed joint venture with Peabody Energy

Coal share was cut by nearly half year-on-year

Estimated coal production was lower week-on-week

Production of coal concentrates reached almost 350,000 tons

Last month’s production also declined by about 16 percent

Movement of cargo trains exceeded the number of passenger trains

Figures were higher month-on-month but lower year-on-year

The original launch was set at the end of 2020

The downgrade came amid coal strikes in Colombia

The reconsideration came amid environmental and financial pressures