Siberian Anthracite launched a 10-year investment programme targeting an increase in production to 9.5 million tons a year. At present, the company’s production capacity is to mine more than 5 million tonnes of ROM UHG anthracite. The company exports most of its production (85% in 2010), largely to customers in south-east Asia such as Hyundai Steel. Anthracite produced by the company is used mostly an input material for the steel-making process. It can be substituted for coke in blast furnaces, and is also used in pulverised coal injection and iron-ore sintering and pelletising, as well as production of electrodes. Siberian Anthracite is
Siberian Anthracite a part of the Alltech Group, which is the majority shareholder. The company is led by CEO Anastasia Poprygaeva. Siberian Anthracite dates back to the mid-1970s, having been founded in 1974 to supply a number of Soviet enterprises producing electrodes and metallurgical and ferroalloy plants. The company's assets were restructured in 2001 as CJSC Siberian Anthracite. In 2011, it was reported that the company planned to list its shares in London. Siberian Anthracite was a founder member of Novosibirsk-based professional ice-hockey club Sibir, and continues to sponsor the club. Siberian Anthracite Siberian Anthracite () is Russia's largest producer of ultra