Rulmeca, BG Italy, leading
manufacturer of rollers and motorized pulleys for belt
conveyors, has opened a manufacturing unit in Tianjin, China.
The new facility will strengthen Rulmeca’s position in Asia and
provide a platform for continued growth in the region. Main
target for Rulmeca in China is to develop the domestic market to
gain confidence of industries as equipment manufacturers,
engineering and end users among Chinese customers. The company
will produce top quality, world class rollers and motorized
pulleys for the bulk handling industries from coal mining to
cement plants, from fertilizer plants to sugar and rice mills,
from seaports to airports.
A Mining Plan has been approved for a coal block that Anil
Ambani Group firm Reliance Power
plans to use for a 4,000 LMW Ultra Mega Power Project at Sasan
in Madhya Pradesh, New Delhi. Coal from the Moher-Amiori block
would be used to generate power for Sasan UMPP.
Unity Mine at Neath, in the middle of the Welsh countryside, has
Unity Mine has 60 employees and this is expected to double
soon. Objective is to extract one million tons of clean,
quality anthracite coal a year over a period of 20 years.
Alliance Mining Company has acquired Stilfontein Mining
Supplies, an engineering equipment supplier
to the mining sector, with distribution centers in Klerksdorp,
Potchefstroom, Weldom and Carletonville. The company supplied
electrical starters and electrical equipment to a number of
motor control centers, shafts and gold plants locally, as well
as exporting equipment into Africa.
Saber Energy Corp. has completed the first phase of coalbed
methane exploration in the Kalahari, in Botswana,
and conducted a feasibility study and environmental impact
assessment for the possible routing of a pipeline to transport
the gas produced. The quality of the gas was high, about 98
percent pure methane. In the next phase of exploration, the gas
will be piped to a central location where it will be flared and
further monitored and verified, to get a better understanding of
the resource and establish the gas flow rates.
ArcelorMittal has purchased Mid Vol Coal, based in Virginia and
West Virginia with productions of 1.5 million tons of coking
last year and reserves of 85 million tons. The company recently
bought stakes in South Africa’s Coal of Africa, Australian
mining group Macarthur Coal and has bought three mines in
Western Goldfields has discovered 62,400,000 tons of proven
reserves of coal deposits worth $1.2 billion,
which could be used for generation of electric power. The
company aims to produce a total of 1,500MW of electricity from a
combination of mines and power stations utilizing domestic
coal. The United Bank of Africa and China’s Huadian Corporation
to exploit the reserves will partner the company. The company
will apply for a license from the Nigerian Electricity
Regulatory Commission to build independent power plants after
ascertaining that it would be economically viable to venture
into such an undertaking.
RWE is considering buying a 100-million-ton coal mine in
Poland’s city of Sosnowiec,
a mine that was closed down 10 years ago. Recently, RWE signed
a 1.5 billion euro deal to build an 800 MW power plant with
Poland’s Kompania Weglowa, and is looking for potential
locations for a second such plant. Kompania Weglowa would
provide hard coal for the power plant.
plans to develop western coal reserves for fertilizer and power
generation at a cost of approximately $730 million.
China National Complete Import & Export Corporation will develop
the reserves. Studies indicate the reserve has potential to
produce between 300,000 tons of urea, 20,000 tons of methanol
and 90 megawatts of electric power.
South Africa’s Sasol Ltd plans to build two coal mine-to-oil
projects in China,
jointly with Shenhua Group Corporation Ltd. The projects are
expected to start operating in China by 2016, each capable of
producing some 80,000 barrels a day, or 3.4 million tons per
year, of diesel oil, jet fuel, naphtha, and liquefied petroleum
Ausenco Limited and Taggart Global USA, LLC have formed a joint
venture to pursue coal preparation plant engineering
with the exception of North America and China, which will target
a project pipeline in excess of $10 billion. The 50/50 joint
venture, which will initially run for five years, brings
together two of the global leaders in engineering project and
construction management for the resource industry. The global
pool of committed and targeted project expenditure this joint
venture will specifically target is between $10 and $15 billion
over the next four to five years. Talks are underway for
significant projects in Sub-Sahara Africa, Vietnam, Mongolia and
New World Resources of the Netherlands plans to invest $1.3
billion to develop and reopen the Debiensko mine
in southern Poland where it will employ 3,000 workers and
extract some 4 million tons of coal a year. NWR unit Karbonia
has permission to extract the coal, which has some 100 million
tons in reserve. NWR has 229 million tons of reserves in the
Consortium Energia MK, a group of Bulgarian coal mines, has a
tender to buy the 630-megawatt coal-fired power Bobov Dol
thermal power plant in western Bulgaria
for $80.13 million. The consortium will spend 60 million euros
in environmental upgrades to bring the plant up to European
Union standards. Bobov Dol has two operational units with
output capacity of 210 megawatts and one 210-megawatt unit that
have been shut.
L&L International Holdings, Inc., Seattle, WA, has acquired 60
percent equity in two coal mines in Yunnan, China.
The DaPuAn coal mine and SuTsong coal mine produce approximately
150,000 tons and 90,000 tons, respectively in 2007. Based on
estimates the two mines will generate $11 million profit in
2008. L&L plans to invest $20 million in the joint venture to
expand production to 450,000 tons, following government
approval. L&L also plans to construct a new coke factory at the
SouthGobi Energy Resources has opened its Ovoot Tolgoi coal mine
in southern Mongolia.
45 miles north of the Mongolia border with China. Open pit coal
production began in April and the mine is now operating on a
24-hour per day basis, with a workforce of 180.
Active Control Technology Inc., Toronto, Canada, has signed a
partnership agreement to sell ActiveMine, a wireless
communications and locating systems for mines, in China.
China has the largest number of coal mines in the world and,
according to management’s estimates, represents a market
opportunity of $3 billion. The demonstration system will be
installed in an underground longwall mine owned by ACT’s China
partner, and located in Shanxi province. The mine will be used
for tours by prospective customers and for government
AE Automotion Sdn Bhd, a subsidiary of Malaysian ÅE Models
Holdings Bhd, has a $12.75 million contract with a leading coal
mining company in Indonesia.
The contract is for the design, construction, and fabrication of
the coal handling facilities of Asam-Asam Port at Asam-Asam,
Indonesia. The project is expected to start immediately, for
duration of 18 months.
Severstal, Russia’s largest steel maker, Moscow, has
submitted a bid to acquire a coal mining complex in the U.S.
Severstal has acquired several U.S. steel assets in recent years
as Russian companies have accumulated nearly 10 percent of U.S.
steelmaking capacity. The company owns the Rouge Steel plant
and this year acquired the Sparrows Point mill in Baltimore,
MD. Severstal also owns the SeverCorr mill in Mississippi and
is pursuing a bid for Esmark Inc. which owns
Bucyrus International will deliver an automated plow longwall
system to DTEK (Donbass Fuel Energy Company) in the Ukraine
in the first quarter of 2009, to be used at the Stepnaya mine at
a newly developed face. The very difficult conditions with seam
heights of 0.9 to 1 meter, weak floor and roof, and very hard
coal, present a challenge, but the Gleithobel plow system GH 800
is designed to handle hard environments. Bucyrus will also
deliver roof supports with the electrohydraulic control system
PMC-R, and a face conveyor with a full automated Gleithobel.
South Korean steel producer POSCO has acquired a 10 percent
stake in Macarthur Coal
Ltd for $404 million, marking the third overseas investor to
hold a major steak in the Australian miner.
A total of 17 companies from India and abroad have expressed
interest to Coal India Ltd for developing and operating
high-capacity underground mines in seven blocks in the country
on a long-term basis.
The blocks have an estimated geological mining reserve of
approximately 1,200 million tons. Reliance Natural Resources
Ltd, Essar Mineral Resources and Essel Mining are among those
interested. Others are Rio Tinto of Australia, Anglo American
of the UK, Asscon Infrastructure, DBT and Walter Mining. The
coal major will finance the cost of development of the proposed
mines and would enter into long-term agreements with eligible
parties for procurement of coal on operation cost-plus basis.
Australia’s Riverdale Mining plans to open the first coal mine
in the western Mozambican province of Tete by the end of 2010,
after obtaining a license covering 290,080 hectares. One of the
tenements at Benga in the Moatize coal basin has an inferred
reserve of 1.9 billion tons of coking coal on an area of 4,000
hectares. Plans are also underway for Australia’s Elgas to
construct a coal-fired power station at Benga, with the initial
capacity to generate 500 megawatts and eventually to produce
BHP Billiton has approval for stage one development of the
Maruwai metallurgical coal basin in Indonesia
for an investment of some $100 million. Initial development is
the Haju open cut mine along with a river port, which is
expected to produce approximately one million tons per year of
met coal and eventually to expand to some 2 million tons a
year. Construction is underway and first production is expected
in mid-2009. A feasibility study is now underway for
development of a 3-5 mtpa coal mine at the larger Lampunut
deposit at Maruwai.
Spice Energy, New Delhi, India, has signed a 20-year contract
with Indonesian miner
PT Tambang Batubara Bukit Asam Tbk PTBA JK to buy 6 million
tons of coal from 2011 for a proposed 1,000 MW thermal power
plant in southern India.