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2014-10-01

LW Bogdanka S.A. extracted 2.38 million tonnes of coal in the third quarter of 2014

Lubelski Węgiel BOGDANKA S.A., the most advanced and efficient hard coal mine in Poland and the leader in the domestic market for power coal producers, recorded the production of commercial coal in Q3 2014 at a record-breaking level of 2.38 million tonnes, which represents an increase of 10.2% compared to the same period of last year (2.16 million tonnes), and of 17.8% compared to the second quarter of this year (2.02 million tonnes).Cumulatively after three quarters of 2014, the Company extracted 6.63 million tonnes of commercial coal, which represents an increase of 6.25% over the same period of the previous year (6.24 million tonnes).

Such a high yield in the third quarter was a result of launching, in September this year, of the new Mechanical Coal Processing Plant which is at the stage of a start-up.  The new plant will double the nominal capacity of the Company with respect to processing on the “wet” line, which is planned to reach the level of 2,400 tonnes per hour. The launch of the plant was a very important stage of the investment programme implemented by the Company in recent years with a view to doubling the Company’s production capacity relative to 2011.

Zbigniew Stopa, the President of the Management Board of LW BOGDANKA S.A.

"We are extremely satisfied with the high extraction in the third quarter achieved despite geological problems (thickness irregularities) on one of walls we currently exploit.The launch of the Mechanical Coal Processing Plant, which was our priority in recent months and which was effected in line with the schedule, contributed a lot to this result.It was a very important stage, and one of the last ones, of implementation of our current investment programme.In the new plant, we have already produced approx. 140,000 tonnes of coal net."