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Montenegro

Coal Markets:

Montenegro

Coal has a vital importance for Montenegro's economy - as coal-fired power plants produce almost 70% of the country's energy. It has geological reserves in 1 bln tons of lignite, and commercial - for 185 mln tons.

Most of the country's coal reserves are concentrated in Pljevlja and Maoče lignite basins, and in Berane area. Currently 100% of coal is being extracted in surface (open pit) mines.

Currently the country produces about 1.5 mtpa of lignite. The Russian investors control the country's largest coalmining assets.

Montenegro doesn't import any significant volumes of steam and coking coal now.

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