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The Chinese owned Austar Coal Mine, located in NSW, Australia
operates the only top coal caving longwall coal mine in
Australia.
Austar enhanced its emergency warning and evacuation procedures
by implementing a combination of Tracking and emergency
communications by installing a Tracking system based on Mine
Site Technologies RFID TRACKER System and its PED
through-the-earth emergency paging system. The two systems are
merged at the user end in the ICCL cap lamps equipped with RFID
Tags and PED pagers to form an integral part of the mine’s
emergency warning system, allowing miners to be alerted by text
message wherever they are located in the mine in the case of an
emergency. The PED can then also direct or update people as they
evacuate. Self Contained RFID Tags will also be fitted to
underground vehicles to provide day to day management of these
assets, thus increasing their utilization. The combination of
PED and Tracking not only enhances the safety systems at Austar
coal mine, but additionally provide a powerful management tool
that will contribute to productivity at the mine.
Gemcom Software has signed a definitive agreement to be acquired
by JMI Equity and Carlyle Group
for approximately $C180 million. Gemcom offers mining software
and service solutions in more than 90 countries, with global
reach and local presence in all major mining centers.
Leighton has a $350 million five-year mining services contract
extension with Indonesia’s Mahakam Sumber Jaya
mine. Leighton has been operating the mine since May 2004. The
new contract includes the removal of overburden, the loading and
transportation of coal from the mine to the port, and
maintenance of the mine’s haul road. Leighton has secured more
than $1 billion in new mining work in Indonesia over the 12
months.
New Hope Corporation’s New Acland mine in the Darling Downs
region of Queensland plans to increase production per year to
4.8 million tons,
following environmental approval of an expansion. A further
increase in saleable production capacity could be implemented
within 18 months, dependent on additional rail and port
capacity, and a modest upgrade of existing coal handling and
preparation plants, as well as addition mining equipment and
employees. A mining lease application for New Acland to expand
to 10Mtpa is in progress.
BHP Billiton had sold its thermal coal Optimum Colliery in South
Africa to Optimum Coal Holdings (OCH),
including the 6.5 million tons a year Richards Bay Coal Terminal
entitlement. BHP will continue to manage and operate the
colliery until completion. BHP will acquire and market all
export coal from Optimum over the life of the mine. Optimum
Colliery is located east of Johannesburg in Mpumalanga
Province. The mine produced 11.6Mt of saleable steam coal in
the 12 months to June 2007, including 5.4 Mt of export coal, and
has a workforce of 1,070 people and 1,397 contractors.
Centennial Coal’s Mandalong Mine has a memorandum of
understanding (MOU) with AGL Energy that captures inseam methane
gas that would otherwise be expelled and turning it into carbon
dioxide
or used to generate electricity onsite in a new two-phase
sustainable project. AGL and Centennial will jointly design,
own and operate the flare and the power station, and sell
electricity from the plant back to Mandalong. The companies
plan to have the methane flare commissioned with a 12-month
period and, pending approvals, the station installed and
commissioned within the following 12 months.
The Rudd Government has granted $A500 million to establish a
fund that will help reduce greenhouse gas emissions from
Australia’s coal-fired power stations.
The allocation is for the development of the National Clean Coal
Fund to support the National Clean Coal Initiative, which will
support strategies for low emission technologies out to 2030.
Coal producers are contributing more than $1 billion in funding
through COAL21, which was established in 2006,and will be used
for clean coal technologies including carbon capture and
storage.
Brisbane’s Sedgman has a $A45 million contract with Peabody
Energy’s Millennium mine
near Moranbah in Queensland’s Bowen Basin. The two-year
contract is for overseeing the operation of the coal handling
and preparation plant at Millennium. The Millennium mine is
adjacent to BHP Mitsui Coal’s Poitrel project and the companies
have agreed to share coal infrastructure with a total amount
capacity of 6 million tons.
Abu Dhabi National Energy Co. plans to take a stake in a $978
million coal-fired power plant
in the United Arab Emirates. The country is looking at
coal-fueled power because of a shortage of natural gas.
Rohit Ferro-Tech Ltd, Mumbai, has signed a memorandum of
understanding (MoU) with PT Pacific Samudra Perkasa to acquire
60 percent stake in PT Palopo Indah Rava and PT Bara Prima
Mandiri
through its Singapore unit, SKP Overseas Pte Ltd. Both
companies have mining concessions and related licenses in the
Central Kalimantan area, with Rava holding reserves of about 20
million tons of thermal coal and Mandiri holding 5 million tons
of coking coal.
Coal generates some 30 percent of power in the 27-nation
European Union,
according to Euracoal of Brussels. That rises to more than
half in the U.S. and about two-thirds in China. Growth will be
fastest in developing nations outside the 30-member, Paris-based
Organization for Economic Cooperation and Development, reports
the International Energy Agency.
Australia reports 56 coal projects worth $A23 billion are
undergoing feasibility and pre-feasibility studies and 24
projects are at an advanced stage,
which includes a $1.1 billion Kestrel extension. Overall, there
are a record $70.5 billion advanced minerals and energy projects
in Australia. The largest coal mine development is Rio Tinto’s
Kestrel project, which expects to add about 1.7 million tons per
year of coking coal capacity from 2012.
South Africa’s Sasol SOLJ.J. and India’s Tata Group are
collaborating to acquire coal fields for coal-to-liquid ventures
in India.
Sasol has similar plans in China. An Indian consultancy firm
has zeroed in on three blocks in the eastern state of Orissa’s
Talcher valley – Srirampur, Radhikapur and Ramachandi – which
have 8.5 billion tons of coal reserves. Tata plans to invest
$6-$7 billion in the project that would require some 1.5 billion
tons of coal over a 40-year period.
Custom Fluidpower has opened a new Queensland facility in Banyo,
north of Brisbane. The company has branches in Brisbane,
Mackay, Emerald, New South Wales, Victoria and Western
Australia. Custom Fluidpower specializes in hydraulic, pneumatic
and lubrication products and services for the mining, industrial
and materials handling industries.
Linc Energy Ltd, Brisbane, and Huadian Coal Industry Group have
formed a Memorandum of Understanding (MOU) to utilize Linc’s UCG
technology and expertise in Gas-to-Liquids within China.
The two groups will investigate investment opportunities whereby
Huadian Coal may invest in Linc Energy and possibly some of Linc
Energy’s Australia projects. Huadian Coal produces over 30
million tons of coal a year and own in excess of 23 billion tons
of coal in 21 provinces throughout China. Linc Energy is
Australia’s leader in clean coal technology, featuring two
processes known as Underground Coal Gasification (UCG) clean
coal technology and Coal to Liquids.
Siemens Energy plans to deliver two of five coal gasifiers to
Shenhua Ningxia Coal Industry Group in northwest China.
The gasifiers have a thermal capacity of 500 megawatts each and
will be installed at the Ningxia coal-to-polypropylene plant.
Completion is expected by 2010 with an hourly production
capacity of some 540,000 cubic meters of syngas, which will be
converted to polypropylene plastic. In the process hard coal,
lignite and other substances including biomass, petcoke and
refinery residues will be converted to syngas. Pollutants such
as sulphur and carbon dioxide are removed.
AES Corp., Arlington, VA, has sold its stake in a coal mine and
power plant in Kazakhstan to London’s Kazakhmys PLC for $1.1
billion
in proceeds and up to $381 million over three years to manage
and operate the facilities for Kazakhmys. The coal-fired power
plant, with available capacity of some 2,250 megawatts, and the
coal mine are both in northern Kazakhstan.
Hwange Colliery Company of Zimbabwe has a contract to export
10,000 tons of coal to Namibia.
The deal comes within one week of the conclusion of another
export agreement in terms of which HCC will supply 300,000 tons
of coal fines to Chilanga Cement Company of Zambia over a period
of 24 months. The contract awaits approval of the Minerals
Marketing Corporation of Zimbabwe.
Strategic Natural Resources (SNR) of London, developing the
Elitheni coal mine reports that the mine’s measured coal
resource has more than doubled
to 25.8 million tons after an analysis of the latest drilling
results. Located near Indwe in the Eastern Cape province
supplies an independent power project in South Africa.
Fushan International Energy Group Ltd, Hong Kong, China, will
pay $1.4 billion for coking coal-mining assets
in China’s Shanxi province from Fortune Dragon Group Ltd.
Fortune Dragon is 7.5 percent owned by Fushan’s controlling
shareholder and chairman, Wong Lik Ping, and 56.92 percent by
businessman Xing Libin.
PT United Tractors of Indonesia is conducting a due diligence
study of a coal mine
it wants to acquire in Kalimantan, which has a reserve of some
12.5 million tons and is priced at $80 million. Negotiations
are in the final stages and the acquisition is expected by the
end of 2008. Earlier, PT United acquired PT Tuha Turangga Agung
with a coal reserve of 40 million tons.
Conal Holding Company (CHC) has plans to invest $450 million to
build a modern 200-megawatt coal–powered plant
in Kamanga village, Maasim, Sarangani Province. Feasibility
studies and technical surveys are nearly completed, and
construction is expected to start by mid-2009. The first
construction phase will be done in three years. CHC is a joint
venture between the Alcantara Group of Companies and Thai Power
firm EGKO. CHC has hired Finland’s Enprima Limited for
technical and engineering design and Berkman Systems, Inc. for
environmental management and monitoring service.
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