Where does Elga invest?
Elga Coal Holding is a leading coking coal producer in Russia, developing the country's largest Elginskoye deposit. The company actively invests in production expansion, infrastructure development and environmental projects, seeking to strengthen its position in the global coal market.
Sector: Coal industry
Investments for 2023: 99.1 billion rubles
Investments for 2022: 86.2 billion rubles
The company's main assets:
Elginskoye coal deposit:
Located in the southeastern part of Yakutia, it is the largest coking coal deposit in Russia with reserves of more than 2.2 billion tons. Oil and gas
Coal mining began in 2011, since then production volumes have increased significantly.
Railway infrastructure:
Own 360 km Elga-Ulak railway line connecting the deposit with the Baikal-Amur Mainline (BAM). Oil and Gas
The construction of the 500 km Pacific Railway connecting the Elginskoye deposit with the port on the Sea of Okhotsk is planned for completion in 2026. Oil and Gas
Enrichment plants:
There are seven enrichment plants operating at the deposit, with four more planned to be commissioned in 2024, which will increase the annual concentrate production capacity to 40 million tons. Itek
Main investment areas:
Expansion of production and processing:
Increase in production volumes: In 2023, coal production at the Elginsky Coal Complex reached 23 million tons, and by 2025 it is planned to increase production to 45 million tons per year. Oil and Gas
Equipment Modernization: Implementation of modern technologies to improve the efficiency of coal mining and processing.
Infrastructure Development:
Construction of the Pacific Railway: 66% of the track (350 km out of 531 km) has been completed, 18 sidings and one intermediate station are planned to be built. Itek
Port Infrastructure Development: Construction of our own port in the area of Cape Manorsky in Khabarovsk Krai with transshipment capacity of up to 50 million tons per year. Oil and Gas
Environmental Projects:
Carbon Footprint Reduction: Investments in technologies to minimize emissions of CO₂ and other pollutants.
Land Reclamation: Restoration of disturbed land after completion of mining operations.
Digitalization and Automation:
Implementation of Production Management Systems: Use of digital technologies to optimize mining and processing processes.
Automation of Mining: Use of robotic systems to improve safety and efficiency.
Social Projects:
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- Job creation: Today, the Elga Coal Complex employs about 10,000 specialists; by 2025, the number of personnel will increase to 25,000. Oil and Gas
- Development of regions of presence: Investments in infrastructure, education and healthcare in the regions of the company's operations.
- Influence on Russia:
- Investments by Elga contribute to the development of the coal industry in Russia, strengthening the country's export potential and creating jobs in the regions. The company's projects support the technological development of the industry and improve the infrastructure of the Far East.
- Influence on investors:
- Growth of financial indicators: Increased production and processing volumes ensure a stable income.
- Export potential: High quality coking coal makes the company attractive to international markets.
- Sustainable development: Environmental and social initiatives increase the company's investment attractiveness.
- Thus, Elga’s strategic investments are aimed at expanding production capacity, introducing innovative technologies and sustainable development, which strengthens the company’s position in the market and benefits both the Russian economy and investors.
