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PJSC PIMCU predicts gains based on 2016 data
“The main result of our work in the expiring year is the breakthrough to the benefits,” said Sergey Shurygin, Director General of Priargunsky Industrial Mining and Chemical Union at the operating efficiency improvement strategic session.
For the first time PIMCU forecasts positive financial result – “plus” 4 million rubles. “Comparing with the 3.5 billion rubles losses of 2013 this is a worthy result. Breakthrough to the profits has been achieved due to large-scale cost-reduction and improved efficiency program implemented despite the hostile environment at the world uranium market. All employees and divisions of PIMCU achieved their gains, undertook additional commitments and proved able to fullfil them,” noted Sergey Shurygin.
In general, our team efforts led to reduction of the cost by 30% as compared to the level of 2013. Labour productivity increased by 52%. “We proved that we can fulfil the most complicated and ambitious tasks and we have no right to slow down,” emphasized the Director General of PIMCU.
In his report Sergey Shurygin also revealed the forecasted fulfilment of 2016 production program. PIMCU has extracted 1,186 thousand tons of ore, produced 1,873 tons of natural uranium concentrate, and extracted three million tons of coal.