Jastrzębska Spółka Węglowa in September this year. completed 83.9 percent coal production plan and 87.1 percent sales plan – JSW announced on Thursday. The implementation of the production plan cumulatively dropped below 100% over nine months, to 98.3%.
The authorities of JSW, which is experiencing financial difficulties, emphasize that activities aimed at increasing production and its efficiency are a key area of the Strategic Transformation Plan, which has been implemented since the end of last year and is intended to stabilize the company's situation.
Information on the implementation of the technical and economic plan (PTE) for September this year. JSW published its current report on Thursday.
In September 2025, JSW produced 1.07 million tons of coal, which is 83.9%. monthly plan at 1.28 million tons.
The main reasons for lower production include: effects of an endogenous fire in the Budryk mine (declaration of force majeure in May), effects of an endogenous fire in the Zofiówka mine (declaration of force majeure in September), as well as early termination of the operation of part of the longwalls (along with the increased volume of coal production in the previous months compared to the plan).
The production of coking coal was below the plan, in the amount of 0.95 million tons (it was assumed 1.13 million tons, i.e. 84% of the plan was achieved), as well as the production of steam coal in the amount of 0.13 million tons (83.5% of the plan set at 0.15 million tons).
These results had a negative impact on the implementation of the plan on an annual basis for the first time. In the period January – September this year. JSW produced 9.52 million tons of coal, which resulted in 98.3% of the plan being implemented. assumed at 9.68 million tons; by August it was 8.44 million tons, which represented 100.5 percent. plan for this period.
Coal sales in September this year. amounted to 1.15 million tons – 87.1%. monthly plan 1.32 million tonnes, and cumulatively since the beginning of the year it reached 9.56 million tonnes, i.e. 98.7%. plan set at 9.69 million tons.
In September, only sales of coal for energy purposes performed well – 0.19 million tons compared to the planned 0.18 million tons (104.9%). However, sales of coking coal were lower than planned – 0.96 million tons compared to 1.14 million tons; 84.3 percent plan.
According to the company, the lower sales of coking coal in September 2025 compared to PTE's assumptions were due to: lower coking coal production, change in the production structure compared to PTE's assumptions and the deterioration of the situation on the steel market.
Sales of coke and coal for energy purposes were carried out without any disruptions and exceeded the level assumed by PTE.
The coke segment, although not exceeding the monthly plan, still remained above the incremental production targets.
Coke production amounted to 0.29 million tons – 98.7%. monthly plan, and sales reached 0.28 million tons – 105.9%. assumptions. Cumulatively since the beginning of the year, the company has produced 2.30 million tons of coke (103.2% of the plan) and sold 2.29 million tons (98.8% of the plan).
In the first half of this year JSW recorded a net loss of PLN 2.075 billion and a decrease in sales revenues by PLN 1.461 billion compared to the same period a year earlier (to PLN 4.715 billion). The greatest negative impact had the declines in the prices of coking and steam coal.
According to data for the first half of this year. JSW's hard coal mines produced 6.2 million tons of coal and sold 4.134 million tons to external customers, generating sales revenues of PLN 2.6 billion. A year earlier, production amounted to 6 million tons, and sales to external customers of 3.58 million tons generated revenue of PLN 3.175 billion. This means a decrease in revenue from coal sales by 18.1%. rdr.
The average sales price of coking coal to external customers in the first half of the year was PLN 714.51, compared to PLN 1,004.87 a year earlier, and steam coal was PLN 309.70, compared to PLN 479.41 a year earlier.
According to PTE's assumptions for 2025, the planned coal extraction was to amount to 13.37 million tons, including 11.35 million tons of coking. The company claims that it will be able to extract over 13 million tons of coal this year.
JSW is the largest producer of coking coal in Europe, used to produce steel.
Last Friday, the JSW supervisory board dismissed Ryszard Janta from the company's management board and entrusted Bogusław Oleksy with these duties until the date of appointment of the president. Oleksy from October 1 this year. he is also vice-president for economic affairs; he replaced Remigiusz Krzyżanowski in this position.
On Wednesday, Deputy Minister of State Assets Robert Kropiwnicki said in the Sejm that it is necessary to restructure JSW and reduce wages sufficiently to save the company. (PAP)
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