Copyright © 2010 OKD, a.s.
OKD, a.s.
POP 2010
OKD is the only producer of hard coal (bituminous coal) in the Czech Republic. Its coal is mined in the southern part of the Upper-Silesian coal basin – in the Ostrava-Karviná district... more »

Coal in the world

On a global scale coal is the second most utilized raw material in terms of energy in the world, right after oil. The overall worldwide yearly consumption is estimated to be approximately 5.3 billion tons. Around three quarters of this quantity is used in power plants – though different sources vary considerably in this respect. Retaining the current level of consumption, the known stock of all coal types would last for some 300 years. In the recent years an increasing trend in coal consumption for energy purposes is marked – for example between 2001 and 2004 consumption grew by 25 percent.


The problem of current utilization of coal in power plants is the low efficiency of its conversion to electricity (around 40 percent is stated with modern units) and the pollution produced. The developed countries therefore are making a substantial effort in development of new methods of conversion of coal to electricity.


The world’s large producers and consumers:

China

Recently, China has had a considerable impact on the coal situation. It is the biggest exporter of coal in the world and at the same time its biggest consumer.

  • verified stock: 125 bill. t
  • probable stock: 4 trililon t
  • annual consumption: approx. 1.5. bill. t
  • annual production: approx. 1.6 bill. t

Due to its own precipitate develpoment China still limits exports which has led to substantial growth of prices. For this reason too the production of coal is again starting to be interesting in terms of economics.

 

India

A similarly precipitate development in this sphere has been going on in India.

  • verified stock: 90 bill. t
  • annual consumption: approx 0.45 bill. t
  • annual consumption: approx. 0.43 bill. t


It is stated that the overall yearly consumption in the region comprising China, India and several smaller but rapidly expanding economies is 1.7 billion tons. 90 percent of this figure is consumed for production of electricity.

 

Russia

Russia represents an important world coal producer as well as consumer; it possesses the second largest verified stock (after the USA). It is also a significant exporter.

  • verified stock: 270 bill. t
  • annual consumption: approximately 0.29 bill. t
  • annual production: approx. 0.25 bill. t

USA

Traditionally, an important player concerning coal is the USA. It possesses the largest verified stock in the world and it is the second biggest producer (after China). Each year approximately one billion tons of coal mostly of domestic origin is consumed there. The production of electricity in the country is 75 percent from coal, according to other sources this share amounts up to 90 percent.

  • verified stock: 270 bill. t
  • annual consumption: approx. 1.07. bill. t
  • annual production: approx. 1.06 bill. t

The USA is also a traditional exporter, however the volume of export has been decreasing in the long term.


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OKD is the only producer of hard coal in the Czech Republic; Its coal is mined in the southern part of the Upper-Silesian coal basin. more »
Do not miss NWR Open Mine Magazine No. 1/2012
The Company Magazine...here

NWR Open Mine Magazine No. 4/2011
The Company Magazine...here

Announcement of suspected fraud

OKD, a.s., has been currently exposed to fraudulent activity by unknown individuals in Germany.
Full version of the document in English and German is here.


BUSINESS INTEGRITY POLICY

This policy was adopted by the Board of Directors of New World Resources Plc on 15 November 2011 and shall have immediate effect.
Full version of the document is here.


NWR Open Mine Magazine No. 3/2011
The Company Magazine...here

NWR Open Mine Magazine No. 2/2011
The Company Magazine...here

NWR Open Mine Magazine No. 1/2011
The Company Magazine... more

Company code of ethics

The Board of Directors of OKD has adopted a Company code of ethics that is obligatory for all the employees of the firm. It defines basic values and attitudes to enterprise that OKD conforms to in the course of its business activities.

The code of ethics is not any binding rule of law or internal directive, it represents, however, a moral obligation for each employee of OKD.

Full version of the code


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Copyright © 2010 OKD, a.s.

OKD, a.s. seated Ostrava, Moravská Ostrava, Prokešovo náměstí 6/2020, Postcode  728 30,
incorporated in the Commercial Register kept by the Regional Court  in Ostrava, Section B, Inset  2900,
Identification Number: 26863154, Taxpayer Registration Number: CZ26863154.