The incredible record of the Río Turbio coal mine: turnover of 47 million dollars and will pay a salary of 9,584 million dollars

The Ministry of Economy, the highest authority of state-owned companies, has approved the “Action plan and budget for the 2022 fiscal year of the Río Turbio coal deposit“. It is one of the most deficient public companies and the numbers that are dumped in this action plan speak for themselves.

It is estimated that YCRT had operating income of $ 47.45 million, while operating expenses will rise to $ 11,882 million.

operating income they barely cover 0.4% of the costs.

The difference between income and operating expenses is covered by Contributions from the Treasurythat is, with pesos through which the government collectss taxes or debt issuancewhich in the end must be paid with the taxes paid by the Argentines.

Most of the Treasury’s contributions go out of business pay salaries, whose budget item reaches 9,584 million pesos for this year. In other words: YCRT is operating to invoice 47.5 million pesos and pay salaries of almost 10,000 million pesos.

The Action Plan rightly contemplates that the Treasury, through what it is called The “current transfers” will transfer $ 9,694 million pesos to YCRT.

YCRT contributes to the mega deficit of public companies, reached last year 3,800 million dollars and this year aims to exceed 4,000 million.

The YCRT Business Plan is a comen of good intentions.

It says that once COVID-19 “which prevented the normal functioning of business in our operations, we continued to strengthen the heritage enhancement processes through the recovery of productivity both in the extraction of coal and in the transport of materials inside and outside the mine ”.

He adds that “Investments have been made to strengthen the restoration of operating circuits which make up the Carbon-Electric Complex, allowing for enhanced integration of the port with the Punta Loyola and Río Gallegos terminals, the Carboniferous Depot and the 240 MW “14 Mineros” thermoelectric plant in Río Turbio ”.

They conclude that “these proposed objectives will continue to be part of the value chain that will be integrated into the main objective resulting from the completion of module I and module II of the 240 MW Río Turbio” 14 Mineros “thermoelectric plant for the supply of energy to the country. “.

In April, Clarín reported that while the mine slightly exceeds the production of 6,000 tons of coal per month, the thermal power plant it is supposed to power needs more than 112,000 tons to operate. With a plant of more than 2,000 workers, the numbers of the mining company located in the province of Santa Cruz are aggravated by the energy crisis that our country is going through.

ON profitability and resultsthe 2022 Business Plan states that “together with an efficient review of processes in terms of costs, we will try to reach one hundred percent (100%) in the generation of energy of the 21 MW plant, consolidating its enhancement and achieving energy autonomy sufficient both to cover the consumption demand of the Carboniferous Deposits of the Río Turbio (basically in the activities of the General Directorate of Exploitation), and the demand of the Río Turbio locationsío Turbio, November 28 and Julia Dufour.

Production: To guarantee the energy production of the Río Turbio “14 Mineros” thermal power plant of 240 MW based on compliance with international standards ofand long-term care for the environment as an irreplaceable pillar in planning the CTRT.