Katerina Bosov | Source | Commercial Director at Sibanthracite Group

The infrastructure and logistics have limited our export capacity to meet growing demand in Asia, and we decided to tackle this problem by initiating the project in 2019, to build the second tunnel in cooperation with Russian Railway. It will be a collective benefit not only for us, but for other coal companies in Russia. Once completed, we will increase the country's export capacity from 16 million mt to 100 million mt. We have plans to enter the PCI market, and this year we target 3 million mt of PCI production. Global steel production is down 20 percent, but anthracite orders are increasing. I can tell you why it is so important to the steel industry and Asian economy.