Operating enterprises
Coal mining enterprises of the Group of companies of Samruk-Energy JSC
Bogatyr Komir LLP
Bogatyr Komir LLP is the largest in Kazakhstan, dynamically developing company for open pit coal mining. The company accounts for 62% of coal production in the Ekibastuz coal basin and 38.1% of total coal production in Kazakhstan.
In December 2023, control tests of the cyclic-flow technology at Bogatyr open-pit mine were successfully conducted for compliance with the guaranteed project capacity of 5,500 ton/hour. The State Act of commissioning of cyclic-flow technology of Bogatyr Komir LLP was signed.
Accomplishments 2023:
- Commissioning of the first stage of the Cyclic Flow Technology (CFT);
- Introduction of an automated dispatch control system for overburden transportation by railway transport (ADCS railway);
- Implementation of an automated fuel flow accounting system (FFАС POL).
General Director
Korsakov N.N.
Address
Republic of Kazakhstan, Pavlodar region, Ekibastuz city, Bauyrzhan Momyshuly str. 23
Employees
6,144
personsOwnership interest in Forum Muider B.V.
100%
Reserves and geography of the field under development
Reserves and geography of the developed field Balance coal reserves of Bogatyr Komir LLP as of January 1, 2023, are about 2.5 billion tons, including 1.2 billion tons for Bogatyropen pit mine and 1.3 billion tons for Severny open pit mine.
Official website of the company
www.bogatyr.kzSupply chain of the enterprise
Bogatyr Komir LLP mines coal of KSH grade with average heat of combustion ~ 4,000 kcal/kg, ash content ~ 43%, moisture ~ 5%. The company supplies steam coal for generating facilities of the domestic market of the Republic of Kazakhstan and exports to the Russian Federation, as well as provides supplies of utility coal in the domestic market. Sales of coal for TPPs of the Republic of Kazakhstan are carried out under direct supply contracts, while for TPPs of the Russian Federation, they are handled through a trader. Utility coal is sold through commodity exchanges16.
Bogatyr Komir LLP owns the subsoil use right to extract coal from the Ekibastuz coal deposit within the Bogatyrand Severny surface mines in Pavlodar region of the Republic of Kazakhstan under Contract No. 975 dated June 29, 2002. Bogatyrcut, commissioned in 1970, produces coal reserves in fields 5,6,9,10. As of 01.01.2024 the depth of the cut reached 300 meters from the surface (bottom elevation minus 100 meters according to the Baltic elevation system).
Severny cut was put into operation in 1955, coal mining is carried out in fields 1,2,3,4. As of 01.01.2024, the depth of the open pit reached 260 m from the surface (bottom elevation minus 60 m according to the Baltic Height System).
Balance coal reserves of Bogatyr Komir LLP as of 01.01.2024 are about 2.45 billion/tons, including 1.2 billion/tons for Bogatyr open pit mine and 1.25 billion/tons for the Severny open pit mine.
Construction and installation works were completed in 2023. Commissioning of equipment for CFT of coal transportation from the Bogatyr open pit mine to the surface, including its averaging and continuous loading into gondola cars, has started. The switch to CFT is planned for 2023. The introduction of CFT will increase the production capacity of the Bogatyr open pit mine in terms of coal shipment up to 40.0 million/tons per year. This technology will allow:
- Minimize the negative impact of deepening of mining operations;
- Modernize existing production with replacement of equipment and technologies with new ones;
- Rationalize the procedure for mining reserves within the mining allotment;
- Reduce railcar turnaround time by 2.5 times and introduce processes for accurate loading without uncoupling trains;
- Increase quality control and improve coal averaging.
The actual coal production of Bogatyr Komir LLP for 2023 amounted to 42.93 million tons, including by mining units:
- Bogatyr cut — 31.43 million/tons;
- Severny cut — 11.5 million/tons.
Initiated ‘Development of ‘Feasibility study of transition to motor-conveyor technology of overburden transportation at Bogatyr open pit’.
16 Order of the Minister of National Economy of the Republic of Kazakhstan "On approval of the list of exchange-traded goods and the minimum size of submitted lots, which are sold through commodity exchanges" No. 142 dated 26 February 2015.
Situation diagram of Ekibastuz coal basin
Financial indicators
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net income/loss, KZT million | 23,421 | 30,286 | 26,249 |
| EBITDA, KZT million | 34,666 | 37,425 | 32,911 |
| EBITDA Margin, % | 34 | 33 | 25 |
| Amount of utilized investments (50%), KZT thousand | 14,218,991 | 16,070,953 | 12,368,588 |
Production indicators
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Volume of coal production, million/tons | 44.6 | 42.5 | 42.9 |
| Volume of coal sales in RK, million/tons | 34.9 | 32.3 | 32.7 |
| to own PP | 20.0 | 19.5 | 19.4 |
| to third-party PP | 14.9 | 12.8 | 13.3 |
| Volume of coal export, million/tons | 9.8 | 10.1 | 9.8 |
ESG indicators
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Pollutant emissions, thousand/tons | 4.0 | 4.1 | 3.6 |
| Average salary, KZT | 301,964 | 391,643 | 505,800 |
Development plans at the mining facilities
In 2024 Bogatyr Komir LLP plans to produce 46,700 thousand/tons of coal (including by mining units: Bogatyr open pit — 34.7 million tons, Severny open pit — 12.0 million tons), which is 10% more than the volume of coal production in 2023 (taking into account the use of CFT).
It is planned to sell utility coal in 2024 in the amount of 500 thousand tons.
