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Polish Coal Mining's loss doubles

12:50

Polish Coal Mining's loss doubles
In the first half of 2015 the Polish coal mining sector lost PLN 1,4 billion, twice as much as in the same period last year (PLN 772 million). Despite the huge drop, the extraction figures were very similar and the sales increased by 8.9 percent (to 35.6 million metric tons).  Out of that figure, 4.8 billion tons was exported (compared to 4.4 billion last year). In H1 the average price  was PLN 262,24 for ton, which was 5,9 percent less than in 2014, meaning that for every ton sold, the mine lost PLN 39,81 on average.  

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