Problems in Ukraine could have a knock on positive effect on anthracite coal prices according to 's () project development director Barney Corrigan.
For over a year cheap exports of the premium product the preferred choice for the steel industry from Ukraine have led to a fall in prices.
It has more than likely been exported from Ukraine at less than production cost.
But now the country is seeing a shift from being an exporter to an importer because of the disruption caused by the conflict in Ukraine.
Corrigan explained a lot of the coal mines in eastern Ukraine and the infrastructure such as overland conveyors and railway bridges have been severely damaged or in some cases completely destroyed.
".. Ukraine is now seeking to import anthracite through the western Ukraine port of Yuzhnyy (near Odessa) well away from the area of conflict in eastern Ukraine" he said.
The port of Mariupol in the east was the usual export route but that is in the conflict zone.
is a US- focused anthracite producer whose flagship mine is Stockton in Pennsylvania.
Currently Atlantic's product is sold exclusively into the domestic US market but it has been in talks with various export markets as it bids to become a far bigger player in the coal sector.
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