Overview
The Company manages a portfolio of coal production and transportation assets. The Company’s facilities are located in the Republic of Sakha (Yakutia), Khabarovsk Krai and Primorsky Krai, and Amur Oblast.
The Elga Coal Complex in the Republic of Sakha (Yakutia) is represented by a group of companies that extract, process, transport, and sell premium quality coking coal with extremely low sulphur and phosphorus content. The Elga deposit is on par with such Australian coal assets as Goonyella, Goldstone, and Gregory.
The largest deposit of the Far East, the Ogodzhinsky deposit, is located in the Amur Oblast. Vera port is located in the Primorsky Krai. It is focused on transshipment of the and tranships coal from the Sugodinsk-Ogodzhinsky deposit.
The projects owned by the company in Khabarovsk Krai include Vera port and the Pacific Railway. The railway will connect the terminal at the Sea of Okhotsk and the Elga coal deposit.
Sergeevich Isaev
The Elga Coal Complex develops Russia's largest coking coal asset with reserves exceeding 2.2 Bt under JORC standards. In 2020, A-Property LLC completed the acquisition of a 100% stake in the ELGA Coal Complex companies and designed a development plan for these assets:
It is a complex project comprised of terminal facilities development including both marine and railway cargo fronts and coal storage facilities.
The terminal is furnished with state-of-the-art coal receiving and transshipment equipment. To ensure environmental friendliness, know-hows and cutting-edge technologies are being implemented. Coal is unloaded by a special transhipping complex equipped with a railcar dumper.
Stage 1 of the Project was commissioned in 2019. Completion of Stage 2 is scheduled for 2021. It is planned to boost the terminal turnover to 7 Mt by 2022. Long-term expectations stand at 20 Mt.
The terminal location provides for favourable climatic conditions (uncomplicated ice conditions, year-round navigation), proximity to the railway, and easy access to the Asia-Pacific Region countries.
The deposit is well-positioned to target sales markets of the Asia-Pacific region. Cargoes are transported from the deposit via the Far East sea ports (1600 km by railway), including the Port Vera coal terminal.