Argus Russian Coal

Issue 17-36 | Monday 9 October 2017

Market Commentary Prices

Turkey lifts coal imports from Russia Russian coal prices $/t Turkey increased receipts of Russian thermal coal by 9pc on Delivery basis NAR kcal/kg Delivery period 6 Oct ± 29 Sep the year in January-August, to 7.79mn t, according to data fob Baltic ports 6,000 Nov-Dec 17 86.97 -0.20 from statistics agency Tuik, amid higher demand from utili- fob Black Sea ports 6,000 Nov-Dec 17 90.63 -0.25 ties and households. Russian material replaced supplies from cif Marmara* 6,000 Nov 17 100.33 0.33 South Africa, which redirected part of shipments to more fob Vostochny 6,000 Nov-Dec 17 100.00 1.00 profitable markets in Asia-Pacific this year. fob Vostochny 5,500 Nov-Dec 17 87.0 0 1.75 *assessment of Russian and non-Russian coal In August Russian coal receipts rose to over 1.26mn t, up by 15pc on the year and by around 19pc on the month. Russian coal prices $/t This year demand for sized Russian coal is higher com- Delivery basis NAR kcal/kg Delivery period Low High pared with last year because of colder winter weather in 2016-2017, a Russian supplier says. Demand for coal fines fob Baltic ports 6,000 Nov-Dec 17 85.25 88.00 fob Black Sea ports 6,000 Nov-Dec 17 89.50 91.00 from utilities has also risen amid the launch of new coal- fob Vostochny 6,000 Nov-Dec 17 100.00 100.00 fired capacity, the source adds. Turkey has added 700MW of fob Vostochny 5,500 Nov-Dec 17 87.0 0 87.0 0 imported coal-fired capacity since August last year. And a decrease in deliveries from South Africa to Turkey also prompted Turkish consumers to buy more coal from Argus fob Baltic ports spot coal assessment $/t other origins. Turkey reduced imports of South African coal fob Baltic cif ARA by 45pc on the year to only 951,000t in January-August, 100 as South Africa has redirected part of shipments to Asia- 95

Pacific this year, where prices are higher compared with the 90 Mediterranean. 85 As a result, South Africa's share of Turkey's thermal coal 80 hhh import mix fell in the first eight months of this year to 5pc from 9pc in the same period a year earlier, while Russia 75 slightly increased its share — by one percentage point on 70 the year to 39pc (see table and graphs). Although in August 65 imports from South Africa rebounded to their highest since 60 March 2016 — to 380,000t, up from about 100,000t in August 27 Sep 16 29 Dec 16 31 Mar 17 06 Jul 17 06 Oct 17 last year and only 64,000t in July. Argus fob Vostochny spot coal assessment $/t

fob Vostochny fob Newcastle 120 Contents

110 Coaster freight rates leap at southern Russian ports 3 Latvian ports boost coal throughputs despite rail cuts 4 100 SDS-Ugol sells coal assets 5 hhh 90 Russian prices pick up in Asia-Pacific 5

Netback prices 7-11 80 Data: Coal production in Russia, September (preliminary) 12 Data: Planned rail shipments of coal to ports 70 27 Sep 16 29 Dec 16 31 Mar 17 06 Jul 17 06 Oct 17 and border crossing in October 2017 13-29

But Colombia gained the most from lower deliveries to Turkish thermal coal imports ’000t Turkey from South Africa. Colombia increased shipments to Jan-Aug 2017 Jan-Aug 2016 ± 17/16 ±% 17/16

Turkey by 13pc to 10.65mn t in January-August, increasing its Colombia 10,645 9,398 1,247 13 market share by 4 percentage points to 54pc over the same Russia 7,792 7,141 651 9 period. Colombian coal imports jumped in August by 77pc South Africa 951 1,738 -787 -45 on the year to 1.72mn t, but this was just 4pc higher on the Other 393 656 -263 -40 month. Colombian suppliers usually deliver coal to Turkey by Total 19,781 18,933 848 4 Capesize vessels, which results in lower freight costs, increasing competitiveness of Colombian coal compared with other origins, including Russia, on the cfr Turkey basis. Invest-Uglesbyt and others, shipping directly and through Colombian coal is mostly used for power generation in trading firms. Turkey. Russia is Turkey's second-largest supplier of thermal “Colombian coal delivered by Capesize vessels remains coal after Colombia. Russia usually sends thermal coal for the most competitive in Turkey,” the supplier says. Turkish power plants on Panamax vessels from Baltic Sea Major Russian thermal coal suppliers to Turkey include ports or Ukrainian Black Sea ports. Turkish utilities, as well Kru, which ships coal through trading firm Carbo One, and as cement producers, consume Russian thermal coal fines. SDS-Ugol, which also delivers coal through trading company Russia also ships sized coal to Turkish households, mainly in — Mir Trade. These two suppliers together account for the small parcels from Black Sea and Azov Sea ports, which are lion’s share of Russian exports to Turkey. Smaller suppli- in shallow waters and only able to accommodate handysize ers are Suek, Resurs, Stroyservis, the Kiyzassky opencast, vessels or coasters.

Freight rates for Panamax prompt deliveries $/t Turkish thermal coal imports by origins in Jan-Aug 17 % 6 Oct ± 29 Sep

Russia Vostochny^ — South Korea 5.50 -0.30 39 Vostochny^ — Taiwan 7.10 -0.40 Vostochny^ — Japan 6.00 -0.20 Vostochny^ — China 6.90 -0.30 Vanino — China 6.10 -0.30 Vanino — Japan 4.90 -0.20

Vanino — Taiwan 6.20 -0.30 South Africa 5 Vanino — South Korea 4.90 -0.20 Colombia Vanino — India* 7.80 -0.10 54 Other 2 Baltic ports — ARA 7.0 0 0.00 Murmansk — Rotterdam 6.80 0.50 — Tuik *Rates for Capesize deliveries; ^General cargo terminal PPK-1

Freight from Baltic ports to ARA, Panamax $/t Turkish thermal coal imports by origins in Jan-Aug 16 % 12 Russia 38 11

9 South Africa 8 hhh 9

7 Other 3 6 Colombia 50

5 — Tuik 07 Oct 16 06 Jan 17 07 Apr 17 07 Jul 17 06 Oct 17

More demand for coal in Turkey Novorossiysk is a major southern Russian coal-handling port. In January-August Turkey increased total thermal coal im- It can accommodate vessels with a draught of 11-13.4m and a ports by 5pc on the year to 19.78mn t, as receipts in August deadweight of 40,000-45,000t. reached their highest level since November last month — Higher freight rates have already limited demand for 3.42mn t, which is 54pc or 1.2mn t more than a year earlier, Russian coal cargoes, making their price less competitive on Tuik data show. The growth was a result of higher consump- the regional market. tion at coal-fired plants. “Sellers offering coal from Rostov, Azov, Yeisk, Temryuk Coal-fired power output by generators utilising imported and Taganrog terminals on the spot market might not find coal rose by 12.7pc year-on-year to 5.01TWh in August, a any demand in Turkey because prices on cfr Turkey basis are third consecutive monthly rise, according to data from grid too high,” a trader said. operator Teias. And capacity utilisation at coal-fired plants The NAR 6,000 kcal/kg thermal coal price on fob Black reached 81pc in August, its highest since at least January Sea and Azov Sea ports basis was assessed by Argus at 2016, based on data provided by the energy ministry and $90.63/t on 6 October, which implies a cfr Turkey price of market operator Epias. $104-125/t, depending on the seller and port of destination. Dark spreads, a proxy for coal-fired plant profitability, The maximum acceptable level is currently $98-100/t cfr. rose in June-August, encouraging increased output. And Seasonally high demand for vessels during peak grain Turkish coal burn may continue to rise as the winter heating exports prompted vessel owners to raise their freight rates season approaches. in August. And rates kept rising in September-October. In August-September, Russian Railways (RZD) limited coal Coaster freight rates leap at southern Russian shipments to some southern ports to speed up the transport ports of construction materials and grain. Freight costs for small bulk carriers on routes from Russia's Unfavourable weather conditions also supported higher Azov and Black Sea ports to Turkey rose by almost 300pc on freight rates, with vessel owners keen to hedge against pos- the year in October, reflecting heavy weather conditions and sible risks linked to vessel downtime. the peak season for grain exports. And rates might stay at Russian ports in the Azov Sea and Black Sea suspended the current level until the first half of November, when they operations from 25 September to 3 October after a storm could start falling with the end of the grain export season warning. RZD imposed a number of limitations on coal de- and lower demand for coal from Turkish buyers, according to liveries to southern ports to ease rail congestion. All ports market participants. resumed operations last week after the weather improved At the start of October, freight rates for 3,000t river-sea and pressure on ports' infrastructure eased. vessels from the ports of Rostov and Azov to Turkish ports Heavy winds on the coasts of the Black Sea and Azov Sea on the Black Sea and Marmara Sea rose by $6-8/t to $33/t led to lower water levels at ports in September and early and $36/t, respectively. This is $20/t up on 2016 and $10/t October. This disrupted coal exports through shallow Azov higher than in 2015. Freight rates to the Izmir region were at Sea ports. But the Kerch strait is expected to be opened $38/t in early October, industry sources said. Izmir ports are to vessels in the next two weeks, according to market the shallowest and can accommodate vessels with a draught participants. of around 4m and a deadweight of 5,000-5,800t. Some shipowners are trying to avoid taking new orders Freight rates from the Azov Sea ports of Taganrog, Yeisk for deliveries from Rostov and Azov, fearing that vessels and Temryuk are less than those from Azov and Rostov might face problems passing port after being fully loaded because of deeper berths, which enable them to handle ves- with coal. These ports can currently accommodate vessels sels with draughts of 4-5m and allow them to accommodate with a draught of 3.5m, against the usual 4m. This has most- a larger number of vessel types with a deadweight of up to ly affected exports of anthracite, which is usually shipped in 10,000t. Freight rates from Taganrog and Yeisk to Turkish small cargoes and on small vessels. Black Sea ports are around $31/t this month and $33-34 Azov and Rostov are holding lots of stocks of coal that for shipments to Marmara ports, market participants said. has been sold, but not yet delivered to consumers, accord- Freight rates from Temryuk to Turkey are currently $29-33/t, ing to Semen Chudakov, chief operating officer of logistics depending on the destination. company Glogos. Medium and small coal suppliers have Freight rates from the Russian Black Sea port of adopted a wait-and-see approach and have postponed the Novorossiysk to Turkish ports stand at $12-16/t, depending on most imminent shipments. Some coal suppliers that need to the vessel and port of destination, market participants say. ship cargoes shortly have faced "dead freight costs", paying

for partially loaded vessels, he added. But for large export- The second-largest coal supplier to Riga was ers, the main customers at Azov and Black Sea ports, such Kuzbassrazrezugol (Kru), with a 25pc share. Kru exports disruptions are not critical and are unlikely to cause signifi- through trading firm Carbo One. Other suppliers to the port cant problems with customers, according to the source. were Siberian Anthracite, Vostokugol. Zarechnaya, Siberian "Most sales are concluded under long-term contracts with Anthracite, Sibuglemet, Kru and Mechel were among the large volumes of coal, so a few 3,000-5,000t vessels stacked suppliers to Ventspils in January-August. in ports will not play a significant role," Chudakov said. A small dry bulk terminal at Liepaja, where Ekers Meanwhile, small coal suppliers face a lack of vessels and Stividors operates, saw Latvia's sharpest rise in Russian coal storage at Russian Azov and Black Sea ports. “According to handling, quadrupling its receipts to 906,000t in January- information received from the terminals, Rostov coal stocks August. The increase was possible after the facility attracted are loaded at 70pc, Yeisk at 65pc, Novorossiysk at 85pc," a new Russian supplies last year. source from Novorossiysk Black Sea Forwarding says. This year, Liepaja started exporting coal to Asia-Pacific. Some suppliers have also struggled with coal deliveries Rail shipments to the port destined for Asia-Pacific totalled to ports by rail because of a lack of open-top railcars. This 411,000t in January-August, Russian rail data show. About has mostly affected minor suppliers, with larger exporters 442,000t was destined for Europe, up from 164,000t in the impacted less, market participants say. same period last year. Large suppliers are keeping the situation at southern Anthracite accounted for about 88pc of coal shipments to ports under control and shipping coal according to schedule, the port, and thermal coal the rest. Russian anthracite pro- market participants say. Most exporters were prepared for ducer Siberian Anthracite is the largest coal supplier through the pressure on port infrastructure ahead of the deteriorat- the terminal. In January-August, it delivered 323,000t to the ing weather conditions and peak grain export season. port by rail, up from 70,000t in the same period last year. And in any case, some suppliers are usually focused on Its shipments were destined for Germany this year. deliveries from Baltic ports to Europe during the peak grain export season on the Black Sea. Rail restrictions Russian coal deliveries to Latvian ports might have been Latvian ports boost coal throughputs despite even higher were it not for restrictions imposed by state-run rail cuts Russian Railways (RZD), which introduced the limits in April, The volume of Russian coal received for export at Latvia's citing maintenance. In April-September, RZD approved just dry bulk terminals has continued to rise on the year, despite 1mn-1.4mn t/month for shipment to Latvian ports, or 30- restrictions on rail deliveries. Shipments surged by 31pc 55pc of the 2.2mn-3.8mn t/month suppliers had requested. to nearly 13.1mn t in January-August, port data show, as At the same time, RZD approved more tonnage for greater European demand attracted more Russian material. shipment to Russia's northwestern ports, where exports Two coal terminals in Riga — Strek and Riga Central rose by 27pc on the year to 36.1mn t in January-August. Terminal — increased Russian coal handling by 5pc to 8.37mn These outlets were operating at nearly full capacity, while t. Riga handled more than half of the Russian coal shipped Latvian ports remained heavily underutilised — despite great through Latvian ports, but growth was not as sharp as at demand. other ports. And the restrictions continue, with the volume approved Ventspils, which accounted for almost 30pc, more than for delivery to Latvian ports in October reaching just below doubled Russian coal handling to 3.78mn t from 1.76mn 1mn t, or 74pc, of requested deliveries, as of early October. t. Two coal terminals operate at Ventspils — Ventspils By contrast, RZD approved 4.78mn t, or 96pc, of the 5.1mn t Commercial Port (VCP) and Baltic Coal Terminal (BCT), that exporters requested for delivery to Russian northwest- which is a joint venture between VCP and Russian producer ern ports in October. Zarechnaya. Mir Trade, the largest coal exporter through Latvian Russian coal producer SDS-Ugol, which ships through ports, has been hit hardest. It does not have its own port trading arm Mir Trade, is the main Russian coal supplier at capacities, unlike other major exporters, such as Carbo Riga, mainly through Riga Central Terminal, and at Ventspils. One and Suek. Carbo One, the second-largest Russian coal It accounted for more than half of the Russian rail coal supplier through Latvian ports, has a large coal facility — deliveries to Riga in January-August, some 4.71mn t, and Rosterminalugol — at the Russian Baltic port of Ust-Luga, and also supplied 1.4mn t to Ventspils, about 40pc of the total, was able to redirect shipments destined for Europe there. Russian rail data show.

Mir Trade redirected part of its deliveries from Latvian Japan, but this year it has redirected large volumes to ports to the Tis terminal at the Ukrainian Black Sea port Turkey. Sibenergougol’s coal rail dispatches for exports of Yuzhny, where the company started to ship coal in through Ukrainian and Russian Black Sea ports rose by December. As a result, average monthly rail deliveries to Tis 490,000t on the year to 570,000t in January-August, while have risen to around 240,000 t/month since May from almost shipments through the far eastern ports decreased by 170,000 t/month in January-April, according to Russian rail 316,000t to 335,000t. Total Sibenergougol rail dispatches data. Mir Trade delivers coal to Turkey through Tis. for exports were more than 950,000t in January-August, up Trading giant Trafigura has also been affected by the dif- from almost 880,000t in the same period a year earlier. ficulties with coal deliveries to Latvian ports. It was aiming SDS-Ugol sold Sibenergougol to reduce its debt burden. to ship 200,000 t/month of coal through Ventspils this year, Sibenergougol was pledged for a loan to Gazprombank. The but is no longer able to ship this kind of volume through company does not disclose the cost of the deal, which took Latvia, a European trader says. place earlier this month. Rail restrictions have not so far resulted in a year-on-year SDS-Ugol is considering the possibility of selling drop in coal exports through Latvian terminals. But Riga’s Kiselyovskiy opencast to coal company Meltek, which is terminals expect their coal throughputs to fall next year, affiliated with gold mining company UGC. Russian federal although they did not provide details. anti-monopoly service FAS approved the sale of Kiselyovskiy opencast in September. Kiselyovskiy’s production capacity is SDS-Ugol sells coal assets 2mn t/yr of bituminous SS-grade thermal coal. Kiselyovskiy Russian coal producer SDS-Ugol has sold its only anthracite opencast produced almost 1.46mn t of coal in January- subsidiary, Sibenergougol, to trading company Sibugol, which September, down by 10pc on the year. Kiselyovskiy's output is owned by Switzerland-based Sib Coal. fell by 20pc last year compared with 2015, to around 2mn t, Sibenergougol operates a number of plots in the CDU TEK data show. Novokuznetskiy and Prokopyevskiy districts of the Kemerovo region with total production capacity of 2.2mn t/yr of Russian prices pick up in Asia-Pacific anthracite and low-volatile bituminous T-grade thermal coal. Spot Russian prices in Asia-Pacific increased on expecta- Its main producing plot is Bungurskiy Yuzhny. Sibenergougol tions of a new wave of restocking in the region as winter produced 1.5mn t of coal in the first nine months of this approaches. The spot price for Russian NAR 6,000 kcal/kg year, almost flat compared with 2016, Russian energy infor- coal delivered into the Asia-Pacific rose by $1/t on the week mation agency CDU TEK data show. The company produced to $100/t fob Vostochny as Australian values stepped higher, 1.97mn t last year, down by 2pc on the year. Sibenergougol although bookings were few. will continue to produce coal at the current level, a source A Russian producer has offered coal at around $98/t fob close to the company said. SDS-Ugol will compensate for the Vanino NAR 6,000 kcal/kg basis, equal to $106.4/t cfr Taiwan loss of sold capacities by developing production at its other under a tender by Taiwanese conglomerate Formosa Plastics. assets. This was $2/t above an offer from an Indonesian supplier SDS-Ugol has exported around 80pc of coal mined by that won a tender to supply 240,000t on three Panamax Sibenergougol. It exported most volumes of Sibenergougol's vessels during November-January. Formosa was understood coal to Asia-Pacific last year, mostly to South Korea and to have booked the coal on a fob basis, as it has its own

Sibenergougol’s export in Jan-Aug 2016 % Sibenergougol’s export in Jan-Aug 2017 %

Belarus Europe Europe 1 Southern ports 5 16 9

Asia-Pacific 35

Southern ports 60 Asia-Pacific 74

— Russian railway data — Russian railway data

vessel fleet to ship the material. And the buyer is unlikely to Freight rates from the Russian far eastern port of issue new tenders for deliveries by the year's end, a market Vanino to Taiwan and China fell by 30¢/t, reaching $6.20/t participant said. and $6.10/t, respectively. And rates to Japan and South Some other buyers in Asia-Pacific are looking for coal Korea were down by 20¢/t to $4.90/t for both destinations. with November-December delivery, although Russian suppli- Meanwhile rates for Capesize vessels from Vanino to India ers are almost fully booked until the end of the year, Russian lost 10¢/t falling to $7.80/t. exporters said. The spot price for NAR 5,500 kcal/kg fob Vostochny coal European prices down on low sales was up by $1.75/t on the week to $87/t despite low sales and Spot prices for Russian coal into Europe fell again on the national holidays in China on 1-8 October. Russian traders bearish sentiment on the market. Prices for spot Russian expect Chinese buyers to restart bookings later in October NAR 6,000 kcal/kg cargoes declined by 20¢/t on the week to replenish stocks ahead of the winter. to $86.97/t fob Baltic ports. No assessment-relevant trades Freight rates from Russian far eastern ports to major des- were reported. tinations in Asia-Pacific decreased by 10-40¢/t on the week Traders expect prices to continue falling next week as on the limited activity. Rates for prompt Panamax deliveries buyers are unlikely to return with new bookings soon. Most from Russian far eastern port Vostochny's general cargo ter- coal consumers avoid purchasing material at current price minal PPK-1 to South Korea and China merged down by 30¢/t level with only few in western and northern Europe may on the week to $5.50/t and $6.90/t, respectively. And freight take Russian coal at around $86-87/t fob Baltic ports, trad- costs to Taiwan and Japan was down by 40¢/t and 20¢/t to ers said. Meanwhile buyers in southern Europe, Turkey and $7.10/t and $6/t, respectively. Rates from Vostochny’s spe- North Africa are looking for cheaper material from alterna- cialised coal terminal PPK-3 are about 50¢/t lower compared tive suppliers, they added. with PPK-1. The freight rate for spot Panamax deliveries from Baltic ports to the Amsterdam-Rotterdam-Antwerp region was at Differentials to cif ARA* $/t around $7/t, unchanged on the week. Rates from the Russian South Africa Colombia Baltic Russia port of Murmansk to Rotterdam pared last week’s losses to 20 cif ARA = 0 rise by 50¢/t on the week to $6.80/t on 6 October. 15 The spot price for NAR 6,000 kcal/kg Russian thermal 10 coal fines exported through Ukrainian and Russian Black Sea

5 ports fell by 25¢/t on the week to $90.63/t fob Black Sea hhh amid no new trades in the region. 0 Latest indicative prices for NAR 6,000 kcal/kg coal to -5 Turkey were at $100/t cfr Marmara, which are too high for -10 local buyers. Some cement producers may announce tenders

-15 soon, but mainly not to book coal, but to check the market 07 Oct 16 06 Jan 17 07 Apr 17 07 Jul 17 06 Oct 17 and possible discounts, market participants said. * — monthly average coal price on a fob basis plus freight to ARA, calorific value NAR 6,000 kcal/kg

Coal landed cost in ARA* $/t Coal landed cost in Asia-Pacific region* $/t cif ARA** South Africa Colombia East Coast Australia Far East Russia Baltic Russia 120 110

110 100

100 90 hhh hhh

80 90

70 80

60 70 07 Oct 16 06 Jan 17 07 Apr 17 07 Jul 17 06 Oct 17 07 Oct 16 06 Jan 17 07 Apr 17 07 Jul 17 06 Oct 17

* — monthly average coal price on a fob basis plus freight to ARA, calorific value NAR 6,000 kcal/kg; * — monthly average coal price on a fob basis plus freight to South Korea, ** — monthly average coal price index on a cif basis calorific value NAR 6,000 kcal/kg

NETBACK PRICES

Northwestern ports, coal NAR 6,000 kcal/kg, 6 October $/t Riga Ventspils Murmansk Ust-Luga Vysotsk

Price fob Baltic 86.97 86.97 86.97 86.97 86.97

Related expenses 1.20 1.20 1.20 1.20 1.20

Handling cost* 12.31 14.07 8.00 13.50 12.50

Rail tariff in Belаrus, loaded run 3.21 3.21 — — —

Rail tariff in Belаrus, empty return 1.22 1.22 — — —

Rail tariff in Belаrus, total 4.43 4.43 — — —

Rail tariff in Russia, loaded run, Rbs/t** 726.69 726.69 730.37 726.69 726.69

Rail tariff in Russia, empty return, Rbs/t** 4 47.79 4 47.79 500.95 4 47.79 4 47.79

Rail tariff in Russia, total, Rbs/t** 1,174.49 1,174.49 1,231.32 1,174.49 1,174.49

Rail tariff in Russia, total** 20.40 20.40 21.38 20.40 20.40

Railcar rate, Rbs/t 547.72 563.15 523.41 462.85 464.52

Railcar rate 9.51 9.78 9.09 8.04 8.07

Rail delivery cost, total 34.34 34.61 30.47 28.44 28.47

Netback price, fca Kuzbass 39.12 37.09 47.30 43.83 44.80

Netback price, fca Kuzbass, Rbs/t 2,253.00 2,136.00 2,724.00 2,524.00 2,580.00

*handling cost for Riga and Ventspils includes rail tariff in Latvia; **average tariff from several rail stations in the Kemerovo region

exchange rate €=$1.1, $=57.5811 Rbs

Northwestern ports, coal NAR 6,000 kcal/kg, 6 October $/t Riga Ventspils Murmansk Ust-Luga Vysotsk

Price fob Baltic 86.97 86.97 86.97 86.97 86.97

Related expenses 1.20 1.20 1.20 1.20 1.20

Handling cost* 12.31 14.07 8.00 13.50 12.50

Rail tariff in Belarus, loaded run 3.21 3.21 — — —

Rail tariff in Belarus, empty return 1.22 1.22 — — —

Rail tariff in Belarus, total 4.43 4.43 — — —

Rail tariff in Russia, loaded run, Rbs/t** 732.63 732.63 740.50 732.63 729.83

Rail tariff in Russia, empty return, Rbs/t** 476.22 476.22 526.30 476.22 479.92

Rail tariff in Russia, total, Rbs/t** 1,208.85 1,208.85 1,266.79 1,208.85 1,209.76

Rail tariff in Russia, total** 20.99 20.99 22.00 20.99 21.01

Railcar rate, Rbs/t 582.15 597.66 557.90 497.34 498.96

Railcar rate 10.11 10.38 9.69 8.64 8.67

Rail delivery cost, total 35.53 35.80 31.69 29.63 29.68

Netback price, fca Khakassia 37.93 35.90 46.08 42.64 43.59

Netback price, fca Khakassia, Rbs/t 2,184.00 2,067.0 0 2,653.00 2,455.00 2,510.00

*handling cost for Riga and Ventspils includes rail tariff in Latvia; **average tariff from several rail stations in Khakassia

exchange rate €=$1.1, $=57.5811 Rbs

NETBACK PRICES

Far eastern ports, coal NAR 6,000 kcal/kg, 6 October $/t Vostochny Port VUT Evraz NCSP Astafyeva Vanino CSP

Price fob Vostochny Port 100.00 100.00 100.00 100.00 100.00

Related expenses 1.20 1.20 1.20 1.20 1.20

Handling cost 13.70 11.80 11.00 14.00 11.50

Rail tariff, loaded run, Rbs/t* 797.55 797.55 788.52 788.52 748.97

Rail tariff, empty return, Rbs/t* 588.75 588.75 578.86 578.86 535.58

Railcar rate, Rbs/t 626.86 626.86 625.25 625.25 567.83

Rail delivery cost, total, Rbs/t 2,013.16 2,013.16 1,992.63 1,992.63 1,852.38

Rail delivery cost, total 34.96 34.96 34.61 34.61 32.17

Netback price, fca Kuzbass 50.14 52.04 53.19 50.19 55.13

Netback price, fca Kuzbass, Rbs/t 2,887.0 0 2,997.0 0 3,063.00 2,890.00 3,174.00

*average tariff from several rail stations in the Kemerovo region

exchange rate €=$1.17, $=57.5811 Rbs

Far eastern ports, coal NAR 5,500 kcal/kg, 6 October $/t Vostochny Port VUT Evraz NCSP Astafyeva Vanino CSP

Price fob Vostochny Port 87.0 0 87.0 0 87.0 0 87.0 0 87.0 0

Related expenses 1.20 1.20 1.20 1.20 1.20

Handling cost 13.70 11.80 11.00 14.00 11.50

Rail tariff, loaded run, Rbs/t* 797.55 797.55 788.52 788.52 748.97

Rail tariff, empty return, Rbs/t* 588.75 588.75 578.86 578.86 535.58

Railcar rate, Rbs/t 626.86 626.86 625.25 625.25 567.83

Rail delivery cost, total, Rbs/t 2,013.16 2,013.16 1,992.63 1,992.63 1,852.38

Rail delivery cost, total 34.96 34.96 34.61 34.61 32.17

Netback price, fca Kuzbass 37.14 39.04 40.19 37.19 42.13

Netback price, fca Kuzbass, Rbs/t 2,139.00 2,248.00 2,314.00 2,141.00 2,426.00

*average tariff from several rail stations in the Kemerovo region

exchange rate €=$1.17, $=57.5811 Rbs

NETBACK PRICES

Far eastern ports, coal NAR 6,000 kcal/kg, 6 October $/t Vostochny Port VUT Evraz NCSP Astafyeva Vanino CSP

Price fob Vostochny Port 100.00 100.00 100.00 100.00 100.00

Related expenses 1.20 1.20 1.20 1.20 1.20

Handling cost 13.70 11.80 11.00 14.00 11.50

Rail tariff, loaded run, Rbs/t* 765.93 765.93 765.93 765.93 734.97

Rail tariff, empty return, Rbs/t* 554.13 554.13 554.13 554.13 505.89

Railcar rate, Rbs/t 590.80 590.80 589.17 589.17 531.76

Rail delivery cost, total, Rbs/t 1,910.86 1,910.86 1,909.23 1,909.23 1,772.62

Rail delivery cost, total 33.19 33.19 33.16 33.16 30.78

Netback price, fca Khakassia 51.91 53.81 54.64 51.64 56.52

Netback price, fca Khakassia, Rbs/t 2,989.00 3,098.00 3,146.00 2,973.00 3,254.00

*average tariff from several rail stations in Khakassia

exchange rate €=$1.17, $=57.5811 Rbs

Far eastern ports, coal NAR 5,500 kcal/kg, 6 October $/t Vostochny Port VUT Evraz NCSP Astafyeva Vanino CSP

Price fob Vostochny Port 87.0 0 87.0 0 87.0 0 87.0 0 87.0 0

Related expenses 1.20 1.20 1.20 1.20 1.20

Handling cost 13.70 11.80 11.00 14.00 11.50

Rail tariff, loaded run, Rbs/t* 765.93 765.93 765.93 765.93 734.97

Rail tariff, empty return, Rbs/t* 554.13 554.13 554.13 554.13 505.89

Railcar rate, Rbs/t 590.80 590.80 589.17 589.17 531.76

Rail delivery cost, total, Rbs/t 1,910.86 1,910.86 1,909.23 1,909.23 1,772.62

Rail delivery cost, total 33.19 33.19 33.16 33.16 30.78

Netback price, fca Khakassia 38.91 40.81 41.64 38.64 43.52

Netback price, fca Khakassia, Rbs/t 2,240.00 2,350.00 2,398.00 2,225.00 2,506.00

*average tariff from several rail stations in Khakassia

exchange rate €=$1.17, $=57.5811 Rbs

NETBACK PRICES

Southern ports, coal NAR 6,000 kcal/kg, 6 October $/t Novorossiysk Tuapse Rostov-on-Don Temryuk**

Price fob Black sea 90.63 90.63 90.63 90.63

Related expenses 1.20 1.20 1.20 1.20

Handling cost 14.25 14.30 8.00 10.00

Rail tariff, loaded run, Rbs/t* 727.87 730.76 726.69 727.87

Rail tariff, empty return, Rbs/t* 471.16 478.69 4 47.79 471.16

Railcar rate, Rbs/t 488.13 496.44 462.91 492.60

Rail delivery cost, total, Rbs/t 1,687.16 1,705.89 1,637.39 1,691.63

Rail delivery cost, total 29.30 29.63 28.44 29.38

Netback price, fca Kuzbass 45.88 45.50 52.99 50.05

Netback price, fca Kuzbass, Rbs/t 2,642.00 2,620.00 3,051.00 2,882.00

*average tariff from several rail stations in the Kemerovo region;**in case of road loading handling cost totals $24/t

exchange rate €=$1.17, $=57.5811 Rbs

Southern ports, coal NAR 6,000 kcal/kg, 6 October $/t Novorossiysk Tuapse Rostov-on-Don

Price fob Black sea 90.63 90.63 90.63

Related expenses 1.20 1.20 1.20

Handling cost 14.25 14.30 8.00

Rail tariff, loaded run, Rbs/t* 733.25 730.22 728.43

Rail tariff, empty return, Rbs/t* 504.04 511.46 481.77

Railcar rate, Rbs/t 528.93 537.31 503.68

Rail delivery cost, total, Rbs/t 1,766.22 1,778.99 1,713.88

Rail delivery cost, total 30.67 30.90 29.76

Netback price, fca Khakassia 44.51 44.23 51.67

Netback price, fca Khakassia, Rbs/t 2,563.00 2,547.0 0 2,975.00

*average tariff from several rail stations in Khakassia

exchange rate €=$1.17, $=57.5811 Rbs

NETBACK PRICES

Kazakhstan coal NAR 5,500 kcal/kg via Ust-Luga, weekly, 6 October $/t Ust-Luga (spot) Ust-Luga (forward month+2) Ust-Luga (forward year+1)

cif ARA NAR 6,000 kcal 91.99 88.41 79.91

De-escalation 7.67 7.37 6.66

Quality discount 3.25 3.25 3.25

Freight Ust-Luga — ARA 7.0 0 7.0 0 7.0 0

Price fob port NAR 5,500 kcal/kg 74.08 70.79 63.00

Related expenses 1.20 1.20 1.20

Handling cost 13.50 13.50 13.50

Rail tariff in Russia, loaded run, Rbs/t 672.34 672.34 672.34

Rail tariff in Russia, empty return, Rbs/t 359.50 359.50 359.50

Rail tariff in Russia, total, Rbs/t 1,031.84 1,031.84 1,031.84

Rail tariff in Russia 17.85 17.85 17.85

Rail tariff in Kazakhstan loaded run, tenge/t 871.90 871.90 871.90

Rail tariff in Kazakhstan, empty return, tenge/t 330.10 330.10 330.10

Rail tariff in Kazakhstan, total, tenge/t 1,202.00 1,202.00 1,202.00

Rail tariff in Kazakhstan, total 3.51 3.51 3.51

Railcar rate 12.62 12.62 12.62

Rail delivery cost, total 33.97 33.97 33.97

Netback price, fca Shubarkol 25.40 22.12 14.33

Kazakhstan coal NAR 5,500 kcal/kg via far eastern ports, 6 October $/t Vostochny Port Vanino CSP

Price fob port 87.0 0 87.0 0

Related expenses 1.20 1.20

Handling cost 13.70 11.50

Rail tariff in Russia, loaded run, Rbs/t 868.90 826.07

Rail tariff in Russia, empty return, Rbs/t 655.47 608.32

Rail tariff in Russia, total, Rbs/t 1,524.37 1,434.39

Rail tariff in Russia 26.47 24.91

Rail tariff in Kazakhstan loaded run, tenge/t 1,292.18 1,292.18

Rail tariff in Kazakhstan, empty return, tenge/t 537.72 537.72

Rail tariff in Kazakhstan, total, tenge/t 1,829.90 1,829.90

Rail tariff in Kazakhstan, total 5.30 5.30

Railcar rate 24.68 22.98

Rail delivery cost, total 56.45 53.19

Netback price, fca Shubarkol 15.65 21.11

Coal production in Russia (preliminary data) ’000t Sep 17 ±% 17/16 Jan-Sep 17 ±% 17/16

Total 34,600.8 8.8 297,753.3 13.1 Suek, including subsidiaries in: Kemerovo region 3,051.6 -14.7 29,048.2 -1.6 Krasnoyarsk region 2,149.1 40.0 18,893.6 0.5 Khakassia 995.6 -15.6 9,534.7 -4.8 Zabaikalsky krai 1,549.8 21.1 13,546.3 -0.1 Primorsky region 371.8 93.6 2,162.6 -3.2 Khabarovsk region 480.6 16.2 4,670.4 1.2 Suek total 8,598.5 5.2 7 7,855.8 -1.2 Kuzbassrazrezugol (Kru) 4,047.1 4.5 34,830.2 4.7 Mechel: Yuzhny Kuzbass 756.3 7.3 6,263.4 -5.9 Yakutugol 686.9 -11.7 6,403.5 -15.0 Elgaugol 370.6 16.7 3,057.1 7.2 Mechel total 1,813.8 0.7 15,724.0 -7.8 Evraz: Yuzhkuzbassugol 1,019.3 7.4 8,317.0 -2.2 Raspadskaya 835.8 11.9 8,561.8 18.1 Evraz total 1,855.1 9.4 16,878.8 7.2 Vostsibugol, including subsidiaries in: Irkutsk region 994.0 10.0 7,953.2 5.5 Krasnoyarsk region 208.9 -10.0 1,810.7 -0.7 Vostsibugol total 1,202.9 5.9 9,763.9 4.3 Russian Coal, including subsidiaries in: Krasnoyarsk region 561.9 -6.6 4,451.5 13.1 Khakassia 350.0 17.4 3,070.6 0.4 Amur region 313.5 -4.0 2,375.2 0.7 Russian Coal total 1,225.4 96.2 9,897.3 82.7 Severstal (Vorkutaugol) 707.1 42.2 6,731.7 -9.4 Sibirsky Delovoy Soyuz (SDS) 2,327.3 -9.5 21,703.4 3.5 Sibuglemet 1,051.8 11.3 8,609.3 3.1 Taldinskaya 477.9 234.2 3,575.0 61.5 Taltek 339.8 18.5 2,840.1 15.2 MMK-Ugol (Belon) 256.2 -22.4 2,445.5 -0.6 Zarechnaya 138.9 -67.7 1,609.9 -55.3 Stroyservis 940.4 16.5 7,515.4 26.9 Inskoy 154.5 na 888.1 2,268.3 Bungursky-Severny opencast 177.0 21.9 1,520.8 18.5 Arshanovsky opencast 311.9 49.2 2,474.2 42.5 Siberian Anthracite 651.5 23.9 5,217.3 46.8 Kuznetskinveststroy 74.2 -41.1 905.4 -13.3 Kolmar 357.0 47.0 2,987.8 12.8 Kuzbasskaya Toplivnaya Kompaniya (KTK) 1,030.1 14.3 9,390.6 9.7 Karakansky-Zapadny opencast 387.2 3.5 3,214.6 7.0 Kiyzassky opencast 724.5 11.9 7,029.2 26.6 Others 5,750.7 23.1 4 4,145.0 46.7 — CDU TEK, Argus estimates

Planned rail shipments of Russian coal for export ’000t Oct 2017 Sep 2017 ± Oct/Sep ±% Oct/Sep

Northwestern ports Northwestern ports of Russia Kaliningrad 107.0 84.5 22.5 26.7 Kandalaksha 127.5 200.7 -73.2 -36.4 Murmansk 1,429.1 1,263.2 166.0 13.1 Ust-Luga 2,647.6 2,488.2 159.3 6.4 Vysotsk 437.4 437.5 -0.1 0.0 Vyborg 84.9 84.9 0.0 0.0 Arkhangelsk 41.1 35.8 5.3 14.7 St Petersburg 1.0 0.0 na na Total northwestern ports of Russia 4,875.6 4,594.7 280.9 6.1 Ports of Baltic countries Liepaja 9.1 16.3 -7.2 -44.3 Riga 810.3 807.8 2.5 0.3 Ventspils 174.6 182.6 -8.0 -4.4 Total ports of Baltic countries 994.0 1,006.7 -12.7 -1.3 Total northwestern ports 5,869.6 5,601.4 268.2 4.8 Southern ports Southern ports of Russia Azov 42.9 117.7 -74.8 -63.6 Kavkaz 85.7 85.0 0.7 0.8 Novorossiysk 241.0 245.9 -4.9 -2.0 Rostov-on-Don 87.1 91.3 -4.2 -4.6 Taganrog 58.2 75.0 -16.8 -22.4 Temryuk 93.2 99.7 -6.4 -6.5 Tuapse 281.0 283.7 -2.7 -1.0 Yeysk 97.8 134.4 -36.7 -27.3 Ust-Donetsk 0.0 0.0 na na Total southern ports of Russia 986.9 1,132.7 -145.8 -12.9 Ports of Ukraine Izmail 129.9 71.1 58.8 82.7 Mykolaiv 110.0 128.4 -18.4 -14.3 Yuzhny 211.4 98.8 112.6 113.9 Reni 395.4 368.6 26.8 7.3 Total ports of Ukraine 846.7 666.9 179.8 27.0 Total southern ports 1,833.5 1,799.6 33.9 1.9 Far eastern ports Nakhodka 1,353.5 1,315.9 37.6 2.9 Posyet 658.7 620.0 38.7 6.2 Vanino 2,174.3 2,101.7 72.7 3.5 Vladivostok 250.8 241.6 9.2 3.8 Vostochny 2,891.7 2,785.3 106.4 3.8 Sovetskaya Gavan 10.4 10.1 0.3 3.3 Total far eastern ports 7,339.4 7,074.5 265.0 3.7 Total ports 15,042.6 14,475.5 567.1 3.9 Overland border crossings Eastern Europe Czech Republic 10.9 10.0 0.9 9.4 Hungary 17.3 16.6 0.7 4.0 Poland 1,311.6 1,035.8 275.8 26.6 Romania 0.9 1.2 -0.3 -24.0 Slovakia^ 186.6 156.0 30.6 19.6 Total eastern Europe 1,527.2 1,219.5 307.7 25.2 FSU Belarus 101.8 53.7 48.1 89.5 Estonia 0.0 0.0 na na Georgia 72.7 100.6 -27.9 -27.7 Kazakhstan 9.2 11.9 -2.8 -23.1 Latvia 2.0 5.3 -3.3 -61.9 Lithuania 19.1 35.5 -16.4 -46.2 Moldova 1.1 17.6 -16.4 -93.5 Ukraine 1,110.5 1,155.6 -45.1 -3.9 Total FSU 1,316.5 1,380.2 -63.8 -4.6 North Korea 253.6 224.9 28.7 12.8 China 1,070.3 1,027.7 42.7 4.2 Finland 104.4 184.4 -80.0 -43.4 Total overland border crossings 4,272.1 4,036.8 235.3 5.8 Grand total 19,314.7 18,512.3 802.4 4.3 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Northwestern ports

Murmansk Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 731.6 Suek-Kuzbass (Suek) Hard coal D Yerunakovo Kemerovo region 292.6 Suek-Kuzbass (Suek) Hard coal G Baykaim Kemerovo region 66.1 Suek-Kuzbass (Suek) Hard coal G Leninsk-Kuznetskу 1 Kemerovo region 75.5 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 65.8 Total Suek 1,231.6 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 14.1 Kuzbassrazrezugol Hard coal T Sarbala Kemerovo region 37.6 Kuzbassrazrezugol Hard coal T Tyrgan Kemerovo region 14.1 Total Kuzbassrazrezugol 65.8 Topprom Hard coal T Cherkasov Kamen Kemerovo region 14.1 Russian Coal Hard coal G Sayanskaya Krasnoyarsk region 18.0 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 54.6 Kuzbass engineering company (Coeclerici) Hard coal T Kaltan Kemerovo region 45.0 Total Murmansk 1,429.1

Vysotsk SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Meret Kemerovo region 94.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 51.7 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 103.4 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 14.1 Total Sibirsky Delovoy Soyuz 263.2 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 9.4 Kuzbassrazrezugol Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 23.5 Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 94.0 Total Kuzbassrazrezugol 126.9 Inskoy Hard coal D Meret Kemerovo region 47.3 Total Vysotsk 437.4

Ust-Luga Taldinskaya Treydingovaya companiya (Taldin- Hard coal D Yerunakovo Kemerovo region 37.6 skaya) Taldinskaya Treydingovaya companiya (Taldin- Hard coal G Yerunakovo Kemerovo region 308.9 skaya) Total Taldinskaya 346.5 Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 61.4 Suek-Kuzbass (Suek) Hard coal D Yerunakovo Kemerovo region 75.5 Total Suek 136.9 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 69.2 Promugolservis (Resurs) Hard coal G Yerunakovo Kemerovo region 53.2 Total Resurs 122.4 Kuzbassrazrezugol Concentrate Tyrgan Kemerovo region 74.0 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 61.1 Kuzbassrazrezugol Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 47.0 Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 211.5 Kuzbassrazrezugol Hard coal G Yerunakovo Kemerovo region 68.8 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 37.6 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 15.4 Kuzbassrazrezugol Hard coal SS Tyrgan Kemerovo region 24.9 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Kuzbassrazrezugol Hard coal T Sarbala Kemerovo region 56.4 Kuzbassrazrezugol Hard coal T Tyrgan Kemerovo region 9.4 Kuzbassrazrezugol Hard coal T Malinovka Kemerovo region 30.0 Total Kuzbassrazrezugol 636.1 Raspadskaya coal company (Evraz Group) Concentrate Mezhdurechensk Kemerovo region 70.4 Raspadskaya coal company (Evraz Group) Hard coal G Mezhdurechensk Kemerovo region 32.8 Raspadskaya coal company (Evraz Group) Hard coal G Yerunakovo Kemerovo region 100.0 Total Evraz Group 203.2 Sayanpromtrans (Arshanovsky opencast) Hard coal D Abakan Khakassia 54.7 Sayanpromtrans (Arshanovsky opencast) Hard coal D Tasheba Khakassia 33.1 Total Arshanovsky opencast 87.8 Topprom Hard coal D Polosukhino Kemerovo region 32.9 Topprom Hard coal SS Prokopyevsk Kemerovo region 136.3 Topprom Hard coal T Cherkasov Kamen Kemerovo region 23.5 Topprom Hard coal T Prokopyevsk Kemerovo region 9.4 Total Topprom 202.1 Zarechnaya mine (Zarechnaya) Hard coal G Proektnaya Kemerovo region 14.1 Zadubrovsky Novy opencast Hard coal D Meret Kemerovo region 42.3 Trudarmeysky opencast (Nordal) Hard coal D Trudarmeyskaya Kemerovo region 10.0 Trans line Hard coal SS Krasny Kamen Kemerovo region 9.0 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 18.8 Russian Coal Hard coal G Sayanskaya Krasnoyarsk region 36.0 PGK (Freight One) Anthracite Evsino Novosibirsk region 70.5 Oktyabrinsky opencast Hard coal SS Krasny Kamen Kemerovo region 16.0 Mayrykhsky opencast (Tsentruglesbyt) Hard coal D Kamyshta Khakassia 40.1 Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 120.3 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 202.1 Inskoy Hard coal D Meret Kemerovo region 66.3 Cherkasovskaya washing plant Hard coal SS Cherkasov Kamen Kemerovo region 60.0 Bungurskу-Severny opencast Hard coal T Novokuznetsk-sort. Kemerovo region 70.0 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 30.0 No data Hard coal D Terentyevskaya Kemerovo region 52.0 No data Hard coal SS Kaltan Kemerovo region 20.0 No data Hard coal T Abagur-Lesnoy Kemerovo region 10.0 No data Hard coal T Kaltan Kemerovo region 20.0 No data Hard coal T Novokuznetsk-sort. Kemerovo region 5.0 Total Ust-Luga 2,647.6

Vyborg Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 28.3 Suek-Kuzbass (Suek) Hard coal D Yerunakovo Kemerovo region 37.8 Total Suek 66.1 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 18.8 Total Vyborg 84.9

Kaliningrad Siberian Anthracite Anthracite Linevo Novosibirsk region 51.5 Novosibirsk electrode plant (Siberian Anthra- Other hard coal Linevo Novosibirsk region 1.4 cite) Total Siberian Anthracite 52.9 Yuzhny Kuzbass (Mechel) Anthracite Kiyzak Kemerovo region 26.7 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 0.8 PGK (Freight One) Anthracite Evsino Novosibirsk region 5.2 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 1.5 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 8.0 Kaliningrad (Dzerzhinskaya-Novaya-Exp.) Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 12.0 Total Kaliningrad 107.0

Kandalaksha Taltek Hard coal D Yerunakovo Kemerovo region 57.5 Taltek Hard coal G Yerunakovo Kemerovo region 70.0 Total Taltek 127.5 Total Kandalaksha 127.5

Arkhangelsk Yuzhny Kuzbass (Mechel) Anthracite Kiyzak Kemerovo region 28.5 Yuzhny Kuzbass (Mechel) Hard coal T Myski Kemerovo region 12.6 Total Mechel 41.1 Total Arkhangelsk 41.1

St Petersburg (Predportovaya-Exp.) PGK (Freight One) Anthracite Evsino Novosibirsk region 1.0 Total northwestern ports of Russia 4,875.6

Ports of Baltic countries Riga Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 1.2 Riga (Krasta) SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Meret Kemerovo region 35.4 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 132.7 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 22.3 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal G Prokopyevsk Kemerovo region 134.1 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Prokopyevsk Kemerovo region 15.6 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Uglerod Kemerovo region 105.4 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 204.4 Total Sibirsky Delovoy Soyuz 649.9 Topprom Hard coal SS Prokopyevsk Kemerovo region 6.4 Siberian Anthracite Anthracite Linevo Novosibirsk region 6.3 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 141.8 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 4.8 Total Riga 810.3

Ventspils SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Meret Kemerovo region 44.3 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 62.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 26.6 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 17.7 Total Sibirsky Delovoy Soyuz 150.5 Siberian Anthracite Anthracite Linevo Novosibirsk region 19.4 PGK (Freight One) Anthracite Evsino Novosibirsk region 4.7 Total Ventspils 174.6

^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Liepaja Siberian Anthracite Anthracite Linevo Novosibirsk region 4.4 PGK (Freight One) Anthracite Evsino Novosibirsk region 4.7 Total Liepaja 9.1 Total ports of Baltic countries 994.0 Total northwestern ports 5,869.6

Far eastern ports Vostochny Tugnuysky opencast (Suek) Hard coal D Chelutay Buryatia 210.5 Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 158.8 Suek-Kuzbass (Suek) Hard coal D Yerunakovo Kemerovo region 24.5 Suek-Kuzbass (Suek) Hard coal G Baykaim Kemerovo region 32.6 Suek-Kuzbass (Suek) Hard coal G Leninsk-Kuznetskу 1 Kemerovo region 12.2 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 11.7 Total Suek 450.2 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Meret Kemerovo region 40.1 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 63.2 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 31.9 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal T Novokuznetsk-sort. Kemerovo region 24.7 Total Sibirsky Delovoy Soyuz 159.9 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 38.0 Promugolservis (Resurs) Hard coal G Yerunakovo Kemerovo region 34.1 Total Resurs 72.1 Kuzbassrazrezugol Concentrate Tyrgan Kemerovo region 16.4 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 102.2 Kuzbassrazrezugol Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 45.5 Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 290.1 Kuzbassrazrezugol Hard coal G Yerunakovo Kemerovo region 58.0 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 58.0 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 40.0 Kuzbassrazrezugol Hard coal T Tyrgan Kemerovo region 9.0 Total Kuzbassrazrezugol 619.2 Sayanpromtrans (Arshanovsky opencast) Hard coal D Abakan Khakassia 72.5 Sayanpromtrans (Arshanovsky opencast) Hard coal D Tasheba Khakassia 32.2 Total Arshanovsky opencast 104.7 Ziminskaya coal company Hard coal D Zalari Irkutsk region 16.1 Topprom Hard coal SS Prokopyevsk Kemerovo region 29.0 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 61.5 Sibir plus Coal middlings Minusinsk Krasnoyarsk region 24.1 Siberian Anthracite Anthracite Linevo Novosibirsk region 53.9 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 19.3 PGK (Freight One) Anthracite Evsino Novosibirsk region 69.6 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 47.1 Mezhdurechye (Sibuglemet) Anthracite Kiyzak Kemerovo region 53.4 Mayrykhsky opencast (Tsentruglesbyt) Hard coal D Kamyshta Khakassia 172.9 Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 549.8 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 212.1 Cherkasovskaya washing plant Hard coal G Cherkasov Kamen Kemerovo region 32.2 Bungurskу-Severny opencast Hard coal T Novokuznetsk-sort. Kemerovo region 23.1 No data Hard coal D Voyennyy Gorodok Irkutsk region 16.1 No data Hard coal G Batareinaya Irkutsk region 24.2 No data Hard coal G Minusinsk Krasnoyarsk region 17.8 No data Hard coal G Polovina Irkutsk region 1.6 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

No data Hard coal T Abagur-Lesnoy Kemerovo region 36.2 No data Hard coal T Novokuznetsk-sort. Kemerovo region 10.9 No data Hard coal T Prokopyevsk Kemerovo region 14.5 Total Vostochny 2,891.7

Nakhodka Mezhdurechye (Sibuglemet) Hard coal T Kiyzak Kemerovo region 76.1 Mezhdurechye (Sibuglemet) Hard coal T Myski Kemerovo region 33.3 Antonovskaya washing plant (Sibuglemet) Concentrate Bardino Kemerovo region 46.8 Total Sibuglemet 156.1 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 31.9 Kuzbassrazrezugol Hard coal T Sarbala Kemerovo region 51.9 Total Kuzbassrazrezugol 83.8 Topprom Concentrate Polosukhino Kemerovo region 47.2 Topprom Hard coal T Cherkasov Kamen Kemerovo region 14.2 Total Topprom 61.4 Sibir plus Hard coal Zh Abakan Khakassia 28.9 Sibir plus Hard coal Zh Minusinsk Krasnoyarsk region 20.2 Total Sibir plus 49.0 Siberian Anthracite Anthracite Linevo Novosibirsk region 134.2 Sayanpromtrans (Arshanovsky opencast) Hard coal D Kamyshta Khakassia 12.6 Raspadskaya coal company (Evraz Group) Concentrate Mezhdurechensk Kemerovo region 435.6 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 130.6 Kuzbass engineering company (Coeclerici) Hard coal T Kaltan Kemerovo region 23.4 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 82.0 Bungurskу-Severny opencast Hard coal T Novokuznetsk-sort. Kemerovo region 53.1 Beryozovsky opencast (Stroyservis) Hard coal T Spichenkovo Kemerovo region 54.4 Nakhodka (Rybniki) Kolmar sales and logistic (Kolmar) Coking coal K Denisovski Yakutia 46.4 Kolmar sales and logistic (Kolmar) Coking coal K Chulbass Yakutia 30.9 Total Kolmar 77.3 Total Nakhodka 1,353.5

Posyet Yuzhny Kuzbass (Mechel) Anthracite Kiyzak Kemerovo region 27.0 Yuzhny Kuzbass (Mechel) Concentrate Mezhdurechensk Kemerovo region 161.5 Yuzhny Kuzbass (Mechel) Concentrate Tomusinskaya Kemerovo region 346.5 Yakutugol (Mechel) Concentrate Neryungri Yakutia 92.6 Elgaugol (Mechel) Concentrate Verkhnezeysk Amur region 31.0 Total Mechel 658.7 Total Posyet 658.7

Vanino Vostochno-Beysky opencast (Suek) Hard coal D Tasheba Khakassia 39.8 Urgalugol (Suek) Hard coal G Chegdomyn Khabarovsk region 350.0 Tugnuysky opencast (Suek) Hard coal D Chelutay Buryatia 229.4 Suek-Kuzbass (Suek) Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 169.4 Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 152.1 Suek-Kuzbass (Suek) Hard coal G Baykaim Kemerovo region 110.6 Suek-Kuzbass (Suek) Hard coal G Leninsk-Kuznetsky 2 Kemerovo region 28.8 Suek-Kuzbass (Suek) Hard coal G Leninsk-Kuznetskу 1 Kemerovo region 322.6 Suek-Krasnoyarsk (Suek) Brown coal Zaozernaya Krasnoyarsk region 123.8 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 35.3 Arkticheskiye razrabotki (Suek) Hard coal SS Novaya Chara Zabaikalsky krai 26.4 Total Suek 1,588.3 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Meret Kemerovo region 29.6 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 64.2 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 17.0 Total Sibirsky Delovoy Soyuz 110.8 Yuzhny Kuzbass (Mechel) Anthracite Kiyzak Kemerovo region 5.4 Yuzhny Kuzbass (Mechel) Concentrate Mezhdurechensk Kemerovo region 90.5 Yuzhny Kuzbass (Mechel) Concentrate Tomusinskaya Kemerovo region 58.0 Yakutugol (Mechel) Coal middlings Neryungri Yakutia 41.3 Yakutugol (Mechel) Hard coal SS Neryungri Yakutia 12.4 Elgaugol (Mechel) Furnace-charge Verkhnezeysk Amur region 54.3 Elgaugol (Mechel) Hard coal G Verkhnezeysk Amur region 4.2 Total Mechel 266.2 Yumiks Hard coal D Sukhovskaya Irkutsk region 25.6 Vostsibugol (En+ Group) Hard coal D Kasyanovka Irkutsk region 29.4 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 17.5 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 53.2 Promregion Hard coal D Cheremkhovo Irkutsk region 26.4 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 35.3 No data Hard coal G Minusinsk Krasnoyarsk region 21.7 Total Vanino 2,174.3

Vladivostok (Mys Churkin) Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 7.0 Siberian Anthracite Anthracite Linevo Novosibirsk region 117.2 No data Hard coal T Tyrgan Kemerovo region 18.6 Vladivostok Siberian Anthracite Anthracite Linevo Novosibirsk region 108.0 Total Vladivostok 250.8

Sovetskaya Gavan Beryozovsky opencast (Stroyservis) Hard coal T Spichenkovo Kemerovo region 10.4 Total far eastern ports 7,339.4

Southern ports Southern ports of Russia Tuapse Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 100.0 Kuzbassrazrezugol Hard coal SS Cherkasov Kamen Kemerovo region 15.0 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 91.0 Kuzbassrazrezugol Hard coal SS Razrez Kemerovo region 30.6 Kuzbassrazrezugol Hard coal SS Tyrgan Kemerovo region 10.0 Total Kuzbassrazrezugol 246.6 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 25.0 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 9.4 Total Tuapse 281.0

Azov Shestaki opencast (Stroyservis) Hard coal SS Razrez Kemerovo region 4.7 Beryozovsky opencast (Stroyservis) Hard coal T Spichenkovo Kemerovo region 4.7 Barzasskoye tovarischestvo (Stroyservis) Hard coal SS Biryulinskaya Kemerovo region 5.0 Total Stroyservis 14.4 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 13.5 Mezhdurechye (Sibuglemet) Hard coal SS Kiyzak Kemerovo region 5.0 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 10.0 Total Azov 42.9 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Yeysk SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 97.8

Taganrog Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 10.2 Kuzbassrazrezugol Hard coal SS Razrez Kemerovo region 15.0 Kuzbassrazrezugol Hard coal T Sarbala Kemerovo region 6.0 Kuzbassrazrezugol Hard coal T Tyrgan Kemerovo region 18.0 Total Kuzbassrazrezugol 49.2 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 9.0 Total Taganrog 58.2

Rostov-on-Don RZD Anthracite Gukovo Rostov region 65.0 RZD Anthracite Uspenskaya Voronezh region 22.1 Total RZD 87.1 Total Rostov-on-Don 87.1

Temryuk Shestaki opencast (Stroyservis) Hard coal SS Razrez Kemerovo region 9.4 Barzasskoye tovarischestvo (Stroyservis) Hard coal SS Biryulinskaya Kemerovo region 13.0 Total Stroyservis 22.4 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 23.9 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 23.9 Total Sibirsky Delovoy Soyuz 47.8 Yuzhny Kuzbass (Mechel) Concentrate Mezhdurechensk Kemerovo region 4.7 Yuzhny Kuzbass (Mechel) Concentrate Tomusinskaya Kemerovo region 9.4 Total Mechel 14.0 Invest-Uglesbyt Hard coal G Cherkasov Kamen Kemerovo region 6.0 Invest-Uglesbyt Hard coal SS Cherkasov Kamen Kemerovo region 3.0 Total Invest-Uglesbyt 9.0 Total Temryuk 93.2

Novorossiysk Shestaki opencast (Stroyservis) Hard coal SS Razrez Kemerovo region 4.7 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 5.5 Beryozovsky opencast (Stroyservis) Hard coal T Spichenkovo Kemerovo region 9.3 Barzasskoye tovarischestvo (Stroyservis) Hard coal SS Biryulinskaya Kemerovo region 5.0 Total Stroyservis 24.5 Mezhdurechye (Sibuglemet) Hard coal SS Kiyzak Kemerovo region 5.0 Mezhdurechye (Sibuglemet) Hard coal T Kiyzak Kemerovo region 16.1 Total Sibuglemet 21.1 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 12.0 Kuzbassrazrezugol Hard coal SS Cherkasov Kamen Kemerovo region 19.0 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 57.5 Kuzbassrazrezugol Hard coal SS Razrez Kemerovo region 15.0 Kuzbassrazrezugol Hard coal SS Tyrgan Kemerovo region 6.0 Total Kuzbassrazrezugol 109.5 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 5.0 Siberian Anthracite Anthracite Linevo Novosibirsk region 12.1 Sayanpromtrans (Arshanovsky opencast) Hard coal D Kamyshta Khakassia 23.1 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 12.2 PGK (Freight One) Anthracite Evsino Novosibirsk region 1.0 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 13.2 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 5.7 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 6.1 Alfa Anthracite Sulin Rostov region 4.5 AIR Anthracite Sulin Rostov region 3.0 Total Novorossiysk 241.0

Kavkaz Zarechnaya mine (Zarechnaya) Hard coal G Proektnaya Kemerovo region 38.7 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 7.8 PGK (Freight One) Anthracite Evsino Novosibirsk region 26.2 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 10.3 No data Hard coal T Prokopyevsk Kemerovo region 2.6 Total Kavkaz 85.7 Total southern ports of Russia 986.9

Ports of Ukraine Yuzhny (Chernomorskaya) SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Meret Kemerovo region 28.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 37.4 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 28.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 43.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal T Novokuznetsk-sort. Kemerovo region 75.0 Total Sibirsky Delovoy Soyuz 211.4 Total Yuzhny 211.4

Mykolaiv SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 14.1 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Yerunakovo Kemerovo region 9.4 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 65.0 Total Sibirsky Delovoy Soyuz 88.5 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 5.0 Mykolaiv (Zhovtnevaya-Exp.) Yuzhtrans Anthracite Gukovo Rostov region 12.0 Yuzhtrans Anthracite Chapaevka-Rostovskaya Rostov region 4.5 Total Yuzhtrans 16.5 Total Mykolaiv 110.0

Reni (Reni-Port-Exp.) RTL (Meltek) Hard coal T Zenkovo Kemerovo region 10.0 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 10.0 Total Meltek 20.0 PGK (Freight One) Anthracite Evsino Novosibirsk region 111.2 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 40.0 Kuzbassrazrezugol Hard coal T Malinovka Kemerovo region 50.0 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 169.2 No data Hard coal T Prokopyevsk Kemerovo region 5.0 Total Reni 395.4

Izmail Suek-Kuzbass (Suek) Hard coal D Yerunakovo Kemerovo region 3.0 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 24.8 Total Suek 27.8 Zarechnaya mine (Zarechnaya) Hard coal G Proektnaya Kemerovo region 13.5 Sayanpromtrans (Arshanovsky opencast) Hard coal D Abakan Khakassia 4.0 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 16.0 PGK (Freight One) Anthracite Evsino Novosibirsk region 27.5 Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 4.0 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 14.1 Invest-Uglesbyt Hard coal G Cherkasov Kamen Kemerovo region 15.0 No data Hard coal T Novokuznetsk-sort. Kemerovo region 3.0 No data Hard coal T Prokopyevsk Kemerovo region 5.0 Total Izmail 129.9 Total ports of Ukraine 846.7 Total southern ports 1,833.5 Total ports 15,042.6

Overland border crossings Eastern Europe Poland (Brest) Vostochno-Beysky opencast (Suek) Hard coal D Kamyshta Khakassia 10.0 Suek-Kuzbass (Suek) Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 1.5 Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 0.5 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 68.3 Total Suek 80.3 Siberian Anthracite Anthracite Linevo Novosibirsk region 2.8 Novosibirsk electrode plant (Siberian Anthra- Anthracite Linevo Novosibirsk region 0.7 cite) Total Siberian Anthracite 3.5 RZD Anthracite Gukovo Rostov region 2.6 RZD Anthracite Uspenskaya Voronezh region 7.9 Total RZD 10.5 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 24.0 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 4.6 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 4.0 Total Kuzbassrazrezugol 32.6 Zadubrovsky Novy opencast Hard coal D Meret Kemerovo region 2.5 Sibugol Brown coal Uzhur Krasnoyarsk region 2.7 Sayanpromtrans (Arshanovsky opencast) Hard coal D Tasheba Khakassia 10.0 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 12.0 Promtrassnab Hard coal D Baykaim Kemerovo region 3.7 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 23.0 Mayrykhsky opencast (Tsentruglesbyt) Hard coal D Kamyshta Khakassia 9.0 Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 41.8 Inskoy Hard coal D Meret Kemerovo region 2.0 AIR Anthracite Nesvetay Rostov region 20.0 No data Anthracite Zamchalovo Rostov region 0.7 No data Hard coal D Abakan Khakassia 1.0 No data Hard coal D Belovo Kemerovo region 21.1 No data Hard coal D Terentyevskaya Kemerovo region 9.7 Poland (Bruzgi) Vostochno-Beysky opencast (Suek) Hard coal D Kamyshta Khakassia 45.0 Suek-Kuzbass (Suek) Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 7.1 Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 6.9 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 50.4 Total Suek 109.4 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 29.0 Beryozovsky opencast (Stroyservis) Hard coal T Spichenkovo Kemerovo region 5.0 Total Stroyservis 34.0 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Zadubrovsky Novy opencast Hard coal D Meret Kemerovo region 2.5 Siberian Anthracite Anthracite Linevo Novosibirsk region 100.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 20.0 RZD Anthracite Uspenskaya Voronezh region 13.1 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 10.0 Prokopyevskaya mining and processing plant Hard coal D Prokopyevsk Kemerovo region 4.7 Inskoy Hard coal D Meret Kemerovo region 2.0 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 35.0 No data Hard coal D Terentyevskaya Kemerovo region 10.8 Poland (Izov) Suek-Kuzbass (Suek) Hard coal D Leninsk-Kuznetsky 2 Kemerovo region 0.5 Suek-Kuzbass (Suek) Hard coal D Terentyevskaya Kemerovo region 3.0 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 25.1 Total Suek 28.6 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 1.5 Kuzbassrazrezugol Hard coal SS Latyshi Kemerovo region 50.0 Total Kuzbassrazrezugol 51.5 Trudarmeysky opencast (Nordal) Hard coal D Trudarmeyskaya Kemerovo region 5.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 124.0 PGK (Freight One) Anthracite Evsino Novosibirsk region 7.0 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 1.6 Novosibirsk electrode plant (Siberian Anthra- Other hard coal Linevo Novosibirsk region 0.1 cite) Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 98.7 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 5.0 No data Hard coal D Belovo Kemerovo region 3.1 No data Hard coal D Terentyevskaya Kemerovo region 10.0 Poland (Mamonovo) Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 13.5 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 70.0 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 22.5 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 1.5 Promtrassnab Hard coal D Baykaim Kemerovo region 0.3 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 9.0 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 6.5 Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 35.4 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 20.0 No data Hard coal D Terentyevskaya Kemerovo region 1.1 Poland (Svisloch) Zadubrovsky Novy opencast Hard coal D Meret Kemerovo region 20.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal D Terentyevskaya Kemerovo region 30.0 RZD Anthracite Uspenskaya Voronezh region 3.2 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 19.6 Permyakovsky opencast (Stroyservis) Hard coal D Belovo Kemerovo region 10.0 No data Hard coal D Terentyevskaya Kemerovo region 10.0 Poland Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 4.1 Raspadskaya coal company (Evraz Group) Concentrate Mezhdurechensk Kemerovo region 50.0 Poland (Rava-Russkaya-Exp. na Verhratu) Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 3.0 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 20.0 Total Poland 1,311.6

^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Romania (Dyakovo) Alfa Anthracite Sulin Rostov region 0.2 No data Anthracite Novomikhailovskaya Rostov region 0.7 Total Romania 0.9

Slovakia^ (Uzhgorod) Mezhdurechye (Sibuglemet) Hard coal SS Myski Kemerovo region 5.0 Mezhdurechye (Sibuglemet) Hard coal T Kiyzak Kemerovo region 5.0 Total Sibuglemet 10.0 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 10.0 Kuzbassrazrezugol Hard coal T Sarbala Kemerovo region 10.0 Total Kuzbassrazrezugol 20.0 Raspadskaya coal company (Evraz Group) Concentrate Obnorskaya Kemerovo region 4.7 Raspadskaya coal company (Evraz Group) Hard coal G Yerunakovo Kemerovo region 4.7 Total Evraz Group 9.4 Trudarmeysky opencast (Nordal) Hard coal T Trudarmeyskaya Kemerovo region 20.0 Topprom Concentrate Polosukhino Kemerovo region 4.7 Taltek Hard coal G Yerunakovo Kemerovo region 5.0 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 5.0 Russian Coal Brown coal Kilchug Krasnoyarsk region 10.0 Invest-Uglesbyt Hard coal SS Cherkasov Kamen Kemerovo region 9.9 Beryozovsky opencast (Stroyservis) Hard coal T Spichenkovo Kemerovo region 27.9 No data Hard coal T Prokopyevsk Kemerovo region 10.0 No data Hard coal T Tyrgan Kemerovo region 42.6 Slovakia^ (Chop) Siberian Anthracite Anthracite Linevo Novosibirsk region 2.0 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 10.0 Total Slovakia^ 186.6

Czech Republic (Chop) Siberian Anthracite Anthracite Linevo Novosibirsk region 0.5 Raspadskaya coal company (Evraz Group) Concentrate Mezhdurechensk Kemerovo region 10.0 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 0.4 Total Czech Republic 10.9

Hungary (Batevo) Raspadskaya coal company (Evraz Group) Concentrate Obnorskaya Kemerovo region 4.7 Raspadskaya coal company (Evraz Group) Hard coal G Yerunakovo Kemerovo region 4.9 Total Evraz Group 9.6 Sibugol Brown coal Uzhur Krasnoyarsk region 1.0 Satelit Hard coal D Chernogorskiye Kopi Khakassia 1.0 Russian Coal Brown coal Kilchug Krasnoyarsk region 5.0 No data Brown coal Dubinino Krasnoyarsk region 0.7 Total Hungary 17.3 Total eastern Europe 1,527.2

FSU Belarus Mezhdurechye (Sibuglemet) Hard coal T Kiyzak Kemerovo region 2.0 Mezhdurechye (Sibuglemet) Hard coal T Myski Kemerovo region 5.0 Total Sibuglemet 7.0 Vostochno-Beysky opencast (Suek) Hard coal D Kamyshta Khakassia 0.5 Uglemet (Mechel) Anthracite Nesvetay Rostov region 0.1 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 1.1 Granula Granulated coal Egozovo Kemerovo region 0.1 No data Anthracite Novomikhailovskaya Rostov region 0.5 No data Granulated coal Egozovo Kemerovo region 0.1 Belarus (Brest-Severny) Prokopyevskaya mining and processing plant Hard coal D Prokopyevsk Kemerovo region 12.5 Belkommerts (Karakan Invest) Hard coal D Meret Kemerovo region 20.0 Belarus (Polotsk) PGK (Freight One) Anthracite Evsino Novosibirsk region 60.0 Total Belarus 101.9

Georgia Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 6.5 Invest-Uglesbyt Hard coal G Cherkasov Kamen Kemerovo region 2.0 Alfa Anthracite Sulin Rostov region 0.1 Georgia (Ochamchire) Sayanpromtrans (Arshanovsky opencast) Hard coal D Kamyshta Khakassia 5.0 Sayanpromtrans (Arshanovsky opencast) Hard coal D Tasheba Khakassia 20.0 Sayanpromtrans (Arshanovsky opencast) Hard coal D Podsiny Khakassia 10.0 Total Arshanovsky opencast 35.0 TransGroup Hard coal T Obnorskaya Kemerovo region 5.0 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 14.1 Oktyabrinsky opencast Hard coal SS Krasny Kamen Kemerovo region 10.1 Total Georgia 72.7

Kazakhstan Yuzhtrans Anthracite Chapaevka-Rostovskaya Rostov region 1.2 Yuzhny Kuzbass (Mechel) Anthracite Kiyzak Kemerovo region 7.8 No data Anthracite Novomikhailovskaya Rostov region 0.2 Total Kazakhstan 9.2

Latvia Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 2.0

Moldova Yuzhtrans Anthracite Gukovo Rostov region 0.4 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 0.7 Total Moldova 1.1

Lithuania (Ionava) Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 0.1 Lithuania (Kayshyadoris) Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 0.1 Lithuania (Pagegyay) Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 0.1 Lithuania Vostochno-Beysky opencast (Suek) Hard coal D Kamyshta Khakassia 0.5 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 6.0 Total Suek 6.5 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 1.5 Kuzbassrazrezugol Hard coal SS Bochaty Kemerovo region 1.0 Total Kuzbassrazrezugol 2.5 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 5.8 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 1.0 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Kuzbasskaya Toplivnaya Kompaniya (KTK) Hard coal D Meret Kemerovo region 3.1 Total Lithuania 19.1

Ukraine (Izmail) Yuzhtrans Anthracite Gukovo Rostov region 0.5 Ukraine (Nikopol) Yuzhtrans Anthracite Gukovo Rostov region 2.0 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 2.5 Ukraine (Predatochnaya) Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 1.2 Ukraine SDS-Ugol (Sibirsky Delovoy Soyuz) Anthracite Novokuznetsk-sort. Kemerovo region 20.0 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 50.0 Total Sibirsky Delovoy Soyuz 70.0 Kuzbassrazrezugol Concentrate Bochaty Kemerovo region 18.8 Kuzbassrazrezugol Concentrate Tyrgan Kemerovo region 26.1 Kuzbassrazrezugol Hard coal SS Razrez Kemerovo region 110.0 Total Kuzbassrazrezugol 154.9 Raspadskaya coal company (Evraz Group) Concentrate Mezhdurechensk Kemerovo region 70.4 Raspadskaya coal company (Evraz Group) Concentrate Novokuznetsk-sev. Kemerovo region 46.9 Raspadskaya coal company (Evraz Group) Concentrate Obnorskaya Kemerovo region 46.9 Raspadskaya coal company (Evraz Group) Hard coal G Yerunakovo Kemerovo region 61.0 Evraz ZSMK (Evraz Group) Concentrate Novokuznetsk-sev. Kemerovo region 19.8 Total Evraz Group 245.0 Yuzhtrans Anthracite Gukovo Rostov region 5.4 Yuzhtrans Anthracite Chapaevka-Rostovskaya Rostov region 15.0 Total Yuzhtrans 20.4 Topprom Concentrate Polosukhino Kemerovo region 18.8 Topprom Hard coal G Cherkasov Kamen Kemerovo region 28.2 Topprom Hard coal G Polosukhino Kemerovo region 37.6 Total Topprom 84.6 Yakutugol (Mechel) Concentrate Neryungri Yakutia 2.9 Taltek Hard coal G Yerunakovo Kemerovo region 75.1 Taldinskaya Treydingovaya companiya (Taldin- Hard coal G Yerunakovo Kemerovo region 32.6 skaya) Sibir plus Hard coal Zh Minusinsk Krasnoyarsk region 10.0 Promugolservis (Resurs) Hard coal G Yerunakovo Kemerovo region 144.8 Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 119.7 Invest-Uglesbyt Hard coal SS Cherkasov Kamen Kemerovo region 5.0 Beryozovsky opencast (Stroyservis) Concentrate Spichenkovo Kemerovo region 18.6 No data Anthracite Nesvetay Rostov region 1.0 No data Anthracite Novomikhailovskaya Rostov region 0.1 No data Concentrate Cherkasov Kamen Kemerovo region 42.0 No data Concentrate Zaboyschik Kemerovo region 32.6 Ukraine (Vygoda) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Belgorod-Dnestrovsky) Yuzhtrans Anthracite Gukovo Rostov region 0.7 Ukraine (Sarata) Yuzhtrans Anthracite Gukovo Rostov region 2.4 Ukraine (Artsyz) Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Pervomaysk-on-Bug) ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Novoukrainka) Yuzhtrans Anthracite Gukovo Rostov region 0.4 Ukraine (Pomoshnaya) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Snigirevka) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Kalanchak) Yuzhtrans Anthracite Gukovo Rostov region 0.4 Ukraine (Viska) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Zolochev) Yuzhtrans Anthracite Gukovo Rostov region 0.3 Ukraine (Novoalekseevka) Yuzhtrans Anthracite Gukovo Rostov region 2.2 Ukraine (Akimovka) Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Novoveselaya) Yuzhtrans Anthracite Gukovo Rostov region 0.4 Ukraine (Gusarovka) Yuzhtrans Anthracite Gukovo Rostov region 0.3 Ukraine (Odessa-Tovarnaya) Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Zatishye) Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Kramatorsk) Donskoy Ugol Anthracite Bozhkovskaya Rostov region 20.3 Ukraine (Yaroshenka) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Vendichany) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Kotyuzhany) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Kamenets-Podolskiy) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Gnivan) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Vinnitsa) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Hust) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Tyachevo) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Galich) Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 0.7 Ukraine (Kotlabukh) Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Vradiyevka) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Popelyukhi) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Kryzhopol) Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Gayvoron) ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Yuzhtrans Anthracite Gukovo Rostov region 0.2 Ukraine (Serogozy) Yuzhtrans Anthracite Gukovo Rostov region 0.3 Ukraine (Vstrechny) Yuzhtrans Anthracite Gukovo Rostov region 0.1 Ukraine (Sinelnikovo 2) AIR Anthracite Nesvetay Rostov region 3.0 Ukraine (Pavlograd 1) Obukhovskaya mine (DTEK) Anthracite Zverevskaya Rostov region 10.0 Ukraine (Genichesk) Yuzhtrans Anthracite Gukovo Rostov region 0.3 Ukraine (Kozhushko A.M.) Yuzhtrans Anthracite Gukovo Rostov region 0.3 Total Ukraine 1,110.5 Total FSU 1,316.6

China (Grodekovo) Russian Coal Brown coal Kilchug Krasnoyarsk region 7.9 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 15.4 Total Russian Coal 23.3 Kolmar sales and logistic (Kolmar) Coking coal K Chulbass Yakutia 11.5 Kolmar sales and logistic (Kolmar) Hard coal SS Chulbass Yakutia 19.2 Total Kolmar 30.6 Vostsibugol (En+ Group) Hard coal D Kasyanovka Irkutsk region 8.4 Vostsibugol (En+ Group) Hard coal SS Ust-Ilimsk Irkutsk region 0.6 Irbeiski opencast (En+ Group) Brown coal Irbeiskaya Krasnoyarsk region 6.8 Total En+ Group 15.7 Topprom Concentrate Polosukhino Kemerovo region 24.1 Topprom Hard coal G Cherkasov Kamen Kemerovo region 3.5 Total Topprom 27.6 Zarechnaya mine (Zarechnaya) Hard coal G Proektnaya Kemerovo region 3.5 Trudarmeysky opencast (Nordal) Hard coal D Trudarmeyskaya Kemerovo region 2.0 Stepanovsky opencast (Meltek) Hard coal T Abagur-Lesnoy Kemerovo region 15.0 Sibugol Brown coal Uzhur Krasnoyarsk region 21.2 Siberian Anthracite Anthracite Linevo Novosibirsk region 11.9 Raspadskaya coal company (Evraz Group) Concentrate Mezhdurechensk Kemerovo region 39.3 Promugolservis (Resurs) Hard coal G Yerunakovo Kemerovo region 3.5 Prokopyevskaya mining and processing plant Hard coal D Prokopyevsk Kemerovo region 10.7 Palladium-Oil Hard coal D Leninsk-Kuznetskу 1 Kemerovo region 3.9 Kuzbassrazrezugol Concentrate Tyrgan Kemerovo region 14.2 Gramoteinskaya mine Hard coal D Meret Kemerovo region 51.5 Barzasskoye tovarischestvo (Stroyservis) Concentrate Biryulinskaya Kemerovo region 11.1 No data Hard coal D Nizhneudinsk Irkutsk region 1.8 No data Hard coal D Golenki Primorsky region 10.2 No data Hard coal G Abaza Khakassia 8.0 No data Hard coal T Tyrgan Kemerovo region 19.2 China (Zabaykalsk) Tugnuysky opencast (Suek) Hard coal D Chelutay Buryatia 208.1 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 13.8 Total Suek 221.9 Vostsibugol (En+ Group) Hard coal D Cheremkhovo Irkutsk region 6.0 Vostsibugol (En+ Group) Hard coal D Kasyanovka Irkutsk region 18.9 Razrezugol (En+ Group) Hard coal D Petrovsky Zavod Zabaikalsky krai 17.6 Total En+ Group 42.5 ^Including transit to Czech Republic

Planned rail shipments of coal to ports and border crossing, Oct 17 ’000t Destination/Sender Coal grade Point of loading Region of loading Volume

Severny Hard coal D Cheremkhovo Irkutsk region 2.6 Severny Hard coal D Kitoy-Kombinatskaya Irkutsk region 15.3 Total Severny 17.9 Ziminskaya coal company Hard coal D Zalari Irkutsk region 5.7 Siberian Anthracite Anthracite Linevo Novosibirsk region 2.6 Sayanpromtrans (Arshanovsky opencast) Hard coal D Tasheba Khakassia 5.2 PPGHO (Priargunskoye Mining and Chemical Brown coal Krasnokamensk Zabaikalsky krai 188.6 Works) (ARMZ Uranium Holding) Gramoteinskaya mine Hard coal D Meret Kemerovo region 13.9 Bukachachinsky izvestnyak Brown coal Zhipkhegen Zabaikalsky krai 12.2 Barzasskoye tovarischestvo (Stroyservis) Concentrate Biryulinskaya Kemerovo region 5.1 No data Hard coal D Petrovsky Zavod Zabaikalsky krai 20.0 No data Hard coal D Nizhneudinsk Irkutsk region 43.7 No data Hard coal D Polovina Irkutsk region 1.6 No data Hard coal D Bukachacha Zabaikalsky krai 10.6 China (Makhalino/Kamyshovaya) Vostochno-Beysky opencast (Suek) Hard coal D Kamyshta Khakassia 11.1 Suek-Krasnoyarsk (Suek) Brown coal Zaozernaya Krasnoyarsk region 9.5 Total Suek 20.6 Russian Coal Brown coal Kilchug Krasnoyarsk region 19.2 Russian Coal Hard coal D Chernogorskiye Kopi Khakassia 12.7 Total Russian Coal 31.9 Kuzbassrazrezugol Hard coal D Belovo Kemerovo region 5.0 Kuzbassrazrezugol Hard coal D Yerunakovo Kemerovo region 4.9 Total Kuzbassrazrezugol 9.9 Vostsibugol (En+ Group) Hard coal D Kasyanovka Irkutsk region 6.5 Topprom Hard coal G Cherkasov Kamen Kemerovo region 7.5 Siberian Anthracite Anthracite Linevo Novosibirsk region 16.5 SDS-Ugol (Sibirsky Delovoy Soyuz) Hard coal SS Zaboyschik Kemerovo region 22.4 Promugolservis (Resurs) Hard coal D Yerunakovo Kemerovo region 19.8 PGK (Freight One) Anthracite Evsino Novosibirsk region 2.5 Kolmar sales and logistic (Kolmar) Hard coal SS Chulbass Yakutia 11.6 Kiyzassky opencast (VostokUgol) Hard coal T Myski Kemerovo region 5.2 Total China 1,070.3

North Korea (Khasan) Vostochno-Beysky opencast (Suek) Hard coal D Kamyshta Khakassia 63.0 Tugnuysky opencast (Suek) Hard coal D Chelutay Buryatia 37.6 Suek-Krasnoyarsk (Suek) Brown coal Zaozernaya Krasnoyarsk region 58.5 Suek-Khakassia (Suek) Hard coal D Chernogorskiye Kopi Khakassia 58.5 Total Suek 217.6 No data Brown coal Novoshakhtinskaya Primorsky region 36.0 Total North Korea 253.6

Finland (Buslovskaya) Siberian Anthracite Anthracite Linevo Novosibirsk region 100.0 Invest-Uglesbyt Hard coal SS Cherkasov Kamen Kemerovo region 4.4 Total Finland 104.4 Total overland border crossings 4,272.2 Grand total 19,314.8 ^Including transit to Czech Republic

Russian coal specifications Vitrinite reflectance Plastic layer thickness Type of coal Coal grade Volatile matter % index (Ro) % (Y) mm

Anthracite A >2.2 <8

Brown coal B < 0.6 10—48

Long flame coal D 0.40—0.79 >30 <6

Long flame gas coal DG 0.50—0.79 >30 6—9

Gas coal G 0.50—0.99 >30 6—12

Gas fat semi-lean coal GZhO <99 <38 10—16

Gas fat coal GZh 0.50—0.99 38.00 16—25

Fat coal Zh 0.80 —1.19 28—36 14—26

Semi-lean caking coal OS 1.30—1.79 <20 6—12

Lean caking coal TS 1.40—1.99 <20 <6

Weakly caking coal SS 0.70—1.79 >20 <6

Lean coal T 1.30—2.59 8—18 none

Coke fat coal KZh 0.90—1.29 24—30 >18

Coke coal K 1.00—1.69 24—28 13—17

Coke semi-lean coal KO 0.80—1.39 24—28 10—12

Coke weakly caking low metamorphic coal KSN 0.80—1.09 >30 6—9

Coke weakly caking coal KS 1.10—1.69 <30 6—9

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