Coal reserves report

SUEK’s coal reserves were audited by SRK Consulting (UK) Limited as of January 1, 2019.

Although the statement on resources and reserves is dated January 1, 2019, SRK took into account the information provided by the company during the asset visits and discussions during 2019, as well as the permissions received or filed during 2019. Taking into account the release date of the Annual Report and the date of the audit, the data are presented taking into account the production of assets for 2019.

The reporting of SUEK’s Coal Resources and Reserves, SRK has used the guidelines of the 2012 Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves as published by the Joint Ore Reserves Committee of the Australasian Institute of Mining and Metallurgy, Australian Institute of Geoscientists and Minerals Council of Australia (the JORC Code).

All coal reserves are indicated by rock mass (RoM) and are within the areas of existing licenses or territories where SUEK plans to obtain licenses and has provided funding for this.

Region/Site Reserve, Mt 31.12.2019
Kemerovo Region (Kuzbass) — hard coal 2,125
Kamyshansky open-pit 127
Kirov underground mine 592
Komsomolets underground mine 125
Polysaevskaya underground mine 26
Ruban underground mine (Krasnoyarskaya incl Magistralny 2011) 144
November 7th Novaya underground mine 249
Taldinskaya-Zapadnaya 1 underground mine 145
Taldinskaya-Zapadnaya 2 underground mine 157
Yalevsky underground mine 437
Zarechny open-pit 123
Krasnoyarsk region — brown coal 3,967
Berezovsky open-pit 3,369
Borodinsky open-pit 528
Nazarovsky open-pit 70
Zabaikalye 539
Apsatsky open-pit — coking coal 70
Kharanorsky brown coa 315
Vostochny brown coal 154
Buryatiya — hard coal 317
Nikolsky open-pit 262
Tugnuisky open-pit 55
Khakassia — hard coal 342
Abakansky open-pit 39
Chernogorsky open-pit 142
Izykhsky open-pit 38
Vostochno-Beisky open-pit 123
Primorye 108
Nekkovy open-pit — hard coal 3
Pavlovsky open-pit — brown coal 106
Khabarovsk region — hard coal 222
Bureinsky open-pit 22
Pravoberezhny open-pit 114
Severnaya underground mine 86
Total 7,621
Hard coal 3,006
Brown coal 4,545
Coking coal 70