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voda 8 oktober 2020 14:52

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CIL CAPEX in H1 of 20202-21 at All Time High

India Limited's capital expenditure at INR 5,023 Crores ending first half of the ongoing fiscal capped an all-time high of 118 per cent utilisation against the provisioned target of INR 4,247 Crores. CIL during April-September’20 clocked a robust capex growth of 242 per cent compared to same period last year. The actual capital expenditure of INR 5,023 Crores in the H1 was up by INR 3,556 Crores against INR 1,467 Crores in April-September'19.

CIL has fast-tracked its capital expenditure in line with the coal ministry’s guidance on accelerating capital expenses to achieve considerable growth within the first half of the current fiscal.

Source : STRATEGIC RESEARCH INSTITUTE

voda 8 oktober 2020 14:54

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BMA Goonyella Riverside Mine Welcomes Komatsu 930E-5 Haul Truck

The Maintenance team at BMA’s Goonyella Riverside Mine were excited to accept delivery of a brand new Komatsu 930E-5 haul truck that stands out from the rest, its tray has been painted turquoise in celebration of BHP’s LGBT+ ally community, Jasper. Jasper is BHP’s LGBT+ ally network that focuses on strengthening our inclusion culture by providing advice on ways to mitigate bias and ensuring that LGBT+ people are respected, valued and free from discrimination.

The Jasper tray at Goonyella is a symbol of inclusion that serves to raise the profile of the LGBT+ community and add to the culture where all our employees feel safe being themselves at work.

The group’s name was inspired by the unique mineral rock, jasper – an opaque and fine-grained variety of quartz known for its unique multi-coloured patterns - reflecting the rich diversity of the LGBT+ community.

Source : STRATEGIC RESEARCH INSTITUTE

Bijlage:

voda 12 oktober 2020 13:53

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NTPC’s Coal Operations at Hazaribagh Completely Halted

India’s largest power producer NTPC Ltd has suffered an estimated production loss of 900,000 tonne of coal in September as operations at the company’s Pakri-Barwadih mines were completely halted since September 1 due to local agitation. The agitation, which is driven by vested interests, has not only halted the mining operations but also stopped coal dispatch and infrastructure development activities like construction of mine end CHP and cross country conveyor. Further about 550,000 tonne of coal is lying at the dump yard. NTPC is being unable to transport them because of protests by landowners led by local vested interest since September 1, 2020.

Though NTPC has offered land compensation rates and R&R benefits among all other coal mines in the area, regarded as one of the best in the country, locals are being misled by people with vested interest causing the stoppage in the mining activities leading to mass scale unemployment in the region. NTPC has been trying its best to resolve the issue in an amicable manner. The central government-owned power producer has approached the state government of Jharkhand at various levels and has requested for intervention to resolve the blockade in order to restart the mining and infrastructure work.

Pakri-Barwadih, Chatti-Bariatu & Chatti-Bariatu(South), Kerandari and Badam coal blocks, which were allocated to NTPC, are located in Hazaribagh District of Jharkhand. At their optimum peak-rated capacity, NTPC will produce 34 Million Tonne of coal every year from these four mines, which will generate around 6,800 MW of electricity.

Source : STRATEGIC RESEARCH INSTITUTE

voda 12 oktober 2020 13:54

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Coal Miner Dies in Accident at Double Mountain Mining in Bell County in Kentucky

A Kentucky coal miner died in an accident at a surface mine in Bell County on October 9. Mr Douglas Slusher, 48, was working as a hydroseeder at Double Mountain Mining #3, the Strata surface mine in Fonde, when a coupling failed on the hydro gun he was using, and he was hit in the chest, according to a news release from the Kentucky Energy and Environment Cabinet. During hydroseeding, a mixture of grass seed, water and other products is sprayed on the ground at the mining site to promote the growth of new vegetation. The cabinet said CPR was administered, but Slusher died at the scene. The accident happened at about noon.

Mining operations were shut down at the site after Slusher’s death and will remain suspended while the state’s Division of Mine Safety investigates. Investigators were sent to the site Friday afternoon.

It was the first coal mining-related fatality in Kentucky this year. Kentucky had five mining-related deaths last year, the most of any state. That was up from one death in 2018 and two in 2017.

Source : STRATEGIC RESEARCH INSTITUTE

voda 12 oktober 2020 13:55

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GIDC to Appoint Coal Block Operator for Dongri Tai Phase II Coal Block at Singrauli

Time of India reported that after receiving Goa Chief Minister Mr Pramod Sawant’s nod, Goa Industrial Development Corporation has decided to skip the appointment of a consultant. It will instead directly appoint a mine-developer-cum operator through an e-auction due to paucity of time. GIDC managing director Derrick P Neto told ToI that the e-tender will have to be floated within the next fortnight so the MDO can be appointed before November 28.

The Union coal ministry has given GIDC till November-end to complete all formalities and take over the Dongri Tai phase II coal block at Singrauli in Madhya Pradesh, which was allocated to the state in September 2019.

Source : STRATEGIC RESEARCH INSTITUTE

voda 12 oktober 2020 13:55

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South Korean Thermal Coal Consumption Dips in 2019

According to the report by the Korea Energy Economics Institute, South Korea's coal consumption for electricity generation decreased 7 percent in 2019 from a year earlier due to its efforts to cut carbon emissions. Asia's fourth-largest economy consumed 94 million tonnes of coal to generate electricity, compared with 101 million tonnes a year earlier. It marks the second consecutive year of decline. South Korea's coal consumption for power generation rose from 101 million tonnes in 2016 to 140 million tonnes in 2017 before going south a year later.

However, according to a report issued in August by the Organization for Economic Cooperation and Development, renewable energy accounted for two percent in South Korea’s primary energy supply, the lowest among the 36 OECD members. The report said that fossil fuels such as coal, oil and natural gas take up 80 percent of the country's prime energy supply, of which coal represents 31 percent, more than in most other OECD member states.

Source : STRATEGIC RESEARCH INSTITUTE

voda 13 oktober 2020 14:49

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China Bans on Australian Thermal & Coking Coal Imports Informally

Australia is investigating media reports that China has stopped taking its coal shipments. Speaking on breakfast television Australian Trade Minister Simon Birmingham said the government was seeking a response from China while noting that coal flows to the country had been disrupted in recent years. He said We are aware of these reports and have had discussions with Australia’s resources industry, who have previously faced occasional disruptions to trade flows with China. Australia will continue to highlight our standing as a reliable supplier of high grade resources that provide mutual benefits.”

As per media reports, China has reportedly banned imports of Australian thermal and coking coal, leaving some Australian vessels stuck at Chinese ports. Chinese authorities communicated the ban verbally, suggesting the informal approach is politically motivated, though it also aligned with tightening coal import quotas and China’s goal to reduce consumption and carbon emissions. On October 8, IHS Markit reported that authorities at ports in Bayuquan and Jingtang in northern China and Fangcheng in the south had told buyers that Australian cargo would be rejected from discharge and clearing, effective October 1.

A Platts report said that the number of vessels waiting at Chinese ports has increased quite a bit of late and reports have suggested that as much as 7 million tonnes of coal are on board vessels waiting along Chinese coast, up from the usual 4 to 5 million tonnes normally seen during this period of time along the coast. China is less reliant on Australian coal imports compared with iron ore, therefore we have little reason to doubt that this verbal warning could persist for an indefinite period

The ban comes amid deteriorating trade relations between the two countries after Australia called in April for an investigation into the origins of the coronavirus. China has since imposed a large anti-dumping duty on Australian barley, banned beef exports from five abattoirs and instigated anti-dumping and subsidy investigations into cheap Australian wine in China.

This is the second time this year that China has banned Australia coal imports. In May, after the announcement of beef and barley sanctions, China’s National Development and Reform Commission prohibited the purchase of Australian thermal coal to boost domestic coal prices. While there were strong suspicions the ban was politically motivated, China’s domestic coal market had problems with supply and oscillating prices earlier this year, forcing authorities to restrict imports to control local conditions.

China is the biggest importer of Australian coal, taking 27% of its metallurgical coal in the year to June and 20% of its thermal coal. Coal was Australia’s second-largest export last year, behind iron ore, worth AUD 55 billion. China's high-quality coking coal production is scarce and so steelmakers in the country depend on overseas suppliers, with Australia accounting for over half of imports. China is expected to increase its coking coal imports from the US, which have been slow to pick up this year due to the coronavirus.

After these reports Australian coal stocks suffered a sharp falls, Coronado Global Resources 8.9%, Whitehaven Coal 5.1%, Atrum Coal 5% and New Hope Corporation 4.6%.

Source : CHINA BANS COAL IMPORT

voda 13 oktober 2020 14:50

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Edenville Energy Update on Rukwa Coal Project in Tanzania

AIM quoted Edenville Energy Plc operating the Rukwa Coal Project in southwest Tanzania has provided an update. The Rukwa mine has been operating since operations recommenced on 3 August 2020 and continues to fulfil its pre-purchase orders. The Company successfully restructured its staffing requirements during the summer and can confirm that employee numbers on site have been reduced by circa 50%. No major production issues have been experienced.

As previously announced, the commencement date for the Company’s strategic partner Infrastructure and Logistics Tanzania Ltd to take over Rukwa operations pursuant to the Coal Mining Agreement was 1 September 2020. The CMA contains a provision for a mobilisation period of up to 60 days from the Commencement Date to ensure both ILTL’s equipment and personnel are at site. Both Edenville and ILTL have been working towards an earlier hand over date and had expected the transition to have taken place during September 2020. However, given administrative issues relating to work permits between the Tanzanian Government and ILTL, principally as a result of a backlog caused by Covid-19, the transition is now expected to take place during October, ahead of the 1 November 2020 deadline.

ILTL and EDL have continued to work closely since the last update, finalising the procedural aspects of the transition and identifying how to optimise operational efficiencies to increase production at Rukwa. ILTL has also been undertaking marketing and sales activities for Rukwa coal, as foreshadowed in the Sales and Marketing Agreement, with a number of positive developments with respect to additional contracts. These are expected to be formalised and announced following the transition.

Source : STRATEGIC RESEARCH INSTITUTE

voda 15 oktober 2020 15:09

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Chinese Coal Buyers Seek Deferrals from BHP

Australian mining giant BHP confirmed that Chinese customers have asked the miner for relief from coal purchase contracts in the wake of Beijing's move to crack down on foreign coal imports. BHP chairman Ken MacKenzie said ''We understand there may be some new developments relating to how China plans and moderates imports versus their own domestic coal production. Our commercial team has recently received deferment requests from some of our Chinese customers. But we have long standing relationships with our customers in China and we are working with them to understand the situation more comprehensively. It would be concerning if the rumours are true regarding an import restriction for Australian coal into China.''

He added ''The bilateral relationship is held as important by both parties and we have a great relationship with customers and suppliers in China, they have been great partners for us at BHP for a long time. 'Over the last year our customer and supplier relationships with China have strengthened as we have supported them during Covid.''

The requests for deferral come amid uncertainty over whether China is seeking to limit purchases of foreign coal of all origins, or whether Australian miners are being specifically targeted under an extension of geopolitical trade tensions.

Source : STRATEGIC RESEARCH INSTITUTE

voda 15 oktober 2020 15:10

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Anglo American to Cut Grosvenor Coal Mine Workforce

Anglo American has confirmed it will slash 100 jobs from its Grosvenor coal mine in central Queensland. A spokesperson for Anglo American said “Since the suspension of longwall mining activities in May, we have continued to support the Grosvenor workforce, to enable us to work through our future plans step by step. As part of planning work underway to support the safe restart of longwall operations in the second half of 2021, we have been reviewing our workforce plan to determine the best structure for Grosvenor going forward. As an initial step, over the last month One Key Resources has been seeking expressions of interest from the Grosvenor workforce for voluntary redundancies. Whilst there has been some interest in voluntary redundancies, there are discussions occurring with workforce representatives about how additional reductions can be achieved. Over and above what is required in workforce agreements, Anglo American will be providing redundancy benefits to the eligible One Key workforce impacted by the workforce reductions. We are also assessing opportunities to absorb some of the impacted people into other roles at the mine. After more than five months since we ceased production, we have reluctantly taken these steps to ensure that the mine can continue to support the majority of its remaining workforce, of around 650 people, and successfully return to safe production next year.”

The mining union warned that sacked workers could be left without redundancy packages. Stephen Smyth from the mining branch of the CFMEU said the workers' redundancy entitlements remained under a cloud because they had not been hired as permanent employees.

Source : STRATEGIC RESEARCH INSTITUTE

voda 15 oktober 2020 15:11

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CIMIC’s Thiess Secures Caval Ridge Extension from BHP Mitsubishi Alliance

CIMIC Group’s global mining services provider Thiess has been awarded a contract extension by BHP Mitsubishi Alliance to provide mining services at Caval Ridge in Queensland in Australia. The 12-month contract extension will generate revenue of AUD 110 million to Thiess. Under the variation, Thiess will continue to operate and maintain three 600 tonne excavator fleets to move additional overburden for the Caval Ridge Mine operation.

The contract extension will commence in December 2020.

Source : STRATEGIC RESEARCH INSTITUTE

voda 15 oktober 2020 15:11

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CIL Reports 65% Surge in E Auction in Apr-Sept 2020

Coal India Ltd booked 41.4 million tonnes coal in e-auctions during April-September 2020 up by 65% YoY compared with 25.1 million tonnes booked in the corresponding period last fiscal. CIL decided to give more thrust in auction sales that resulted in higher volumes. Even with the pandemic slowdown, CIL could net 10% average premium over notified value in the first six months of the current fiscal as compared to 48% of the same period year, but the aim was to increase volume supplies.

CIL said that the company anticipated the liquidity crunch that COVID-19 would bring to its customers and brought down the reserve price close to zero to help them lift more coal during the lockdown phase. In two tranches of three months each, CIL kept down its reserve price beginning April till September. After the company's board has given its nod, CIL for its October auctions has injected a rise in reserve price ranging from zero up to a maximum of 10% over the notified price. Based on the market reaction and the premium fetched from sale prices, the company will decide on reserve price for November.

Source : STRATEGIC RESEARCH INSTITUTE

voda 15 oktober 2020 15:12

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Ukrainian Coal Imports in Jan-Sept 2020 Reduce by 15% YoY

According to the State Customs Service, Ukraine reduced imports of coal and anthracite (in January-September 2020 by 14.9%or 2.234 million tonnes compared to the same period in 2019, to 12.717 million tonnes. Coal imports amounted to USD 1.322 billion, which is 36.7% less than in January-September 2019. At the same time, coal was imported from the Russian Federation for USD 796 million accounting for 60% of total imports, the United States for USD 401 million 30%, Kazakhstan for USD 87.431 7%, other countries for USD 38 million 3%.

Ukraine’s coal export for the eight months of 2020 amounted to 2,024 tonnes for USD 163,000 versus 13,157 tonnes for USD 508,000 in January-September -2019.

Source : STRATEGIC RESEARCH INSTITUTE

voda 19 oktober 2020 15:35

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Indian Coal Imports in H1 of 2020-21 Shrink by 25% YoY

According to the apex ports' body Indian Ports Association, disruptions caused by the COVID-19 pandemic continued to impact cargo movement in India, with thermal and coking coal imports at 12 major ports falling 25.13 per cent year-on-year to 55.41 million tonnes in April-September. Thermal coal imports dropped 23.24 per cent to 34.52 million tonnes during April-September, while coking coal shipments fell 28.04 per cent to 20.89 million tonnes. These ports had handled 44.98 million tonnes of thermal coal and 29.03 million tonnes of coking coal in April-September period of the previous financial year.

The 12 ports witnessed considerable decline in cargo traffic, registering a 14 per cent dip in the first half of the current fiscal to 298.55 million tonnes as against 348.23 million tonnes during April-September of the last fiscal.

India has 12 major ports under the control of the central government Deendayal erstwhile Kandla, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar earlier Ennore, VO Chidambarnar, Visakhapatnam, Paradip and Kolkata including Haldia.

Source : STRATEGIC RESEARCH INSTITUTE

voda 19 oktober 2020 15:36

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VGK Starts Equipping Machines with Antison System

Vostochnaya Mining Company has launched a pilot project to equip cars with the Antison video surveillance system with the function of monitoring the driver's condition. In test mode, the system is installed on several trucks involved in coal transportation and two long-distance passenger vehicles. The Antisone system allows you to quickly identify possible driver fatigue, decreased attention and falling asleep.

The Active Appearance Models system works by analyzing facial parameters and continuously monitoring the position of the driver's head and eyelids using infrared sensors. As soon as the camera detects significant deviations in the position of the head, strong turns, a warning signal sounds, which is repeated several times. The signal stops after the position of the head and gaze of the person returns to normal. Infrared sensors work even in the dark, including through any glasses.

Source : STRATEGIC RESEARCH INSTITUTE

voda 19 oktober 2020 15:36

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American Resources Expands Workforce of Perry County Resources to Restart Complex

American Resources Corporation has provided an update on its progress to commence mining operations at its Perry County Resources mining complex in Hazard, Kentucky. In anticipation of restarting the PCR complex, the Company is in the process of expanding the workforce at PCR to approximately 76 underground mine and 16 preparation plant employees in the near-term, with a plan to grow to approximately 175 workers as the complex expands its production base.

Tarlis Thompson, COO of American Resources Corporation commented, "We are truly excited to restart the Perry County complex and unveil it as one of the lowest cost, if not the lowest, PCI and stoker operations in the United States. As we prepare to bring this first-class operation back online this quarter following our extensive restructuring efforts, we are confident that the efficient, low-cost structure at Perry County will be a long-term, stable provider of jobs to the local community. Furthermore, we have some of the best employees in the industry and we look forward to providing our customers with high-quality carbon products for years to come."

American Resources has been a consolidator and operator of quality metallurgical carbon assets in the Central Appalachian basin ("CAPP") to serve customers in the steelmaking, specialty alloy metals, and industrial marketplaces. Its next-generation model and philosophy is to restructure existing, legacy operations to better fit the modern-day marketplace by eliminating legacy costs and liabilities to significantly increase the overall efficiency and profitability of its complexes. Perry County Resources is one of the Company's five operating complexes within the CAPP.

Production at PCR, which was idled post acquisition for the restructuring process, has remained idle during the COVID-19 outbreak to ensure a safe working environment, to protect the health of its employees and others, to mitigate the spread of the virus, and to better navigate the global economic disruption. Beginning Monday, October 12, 2020, as previously stated, the Company will begin the final underground development of installing seals to close off the mine's old works before restarting production. The installation of the seals will further reduce the E4-2 mine's operating cost and most importantly, will make the mine significantly safer for its employees.

With PCR's restart, American Resources will initially operate the complex's E4-2 underground mine with one super section with plans to ramp the mine's production by utilizing two super sections and one bridge section. This mining plan will ultimately utilize five of the E4-2 mine's current six continuous miners. The Company will run two eight to ten-hour operating shifts and one maintenance shift per pay, over 5.5 workdays per week. Once fully ramped, the complex is expected to support approximately 175 long-term, stable jobs.

About American Resources Corporation

American Resources Corporation is a supplier of high-quality raw materials to the rapidly growing global infrastructure market. The Company is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking. American Resources has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon deposits are concentrated.

American Resources has established a nimble, low-cost business model centered on growth, which provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure market while also continuing to acquire operations and significantly reduce their legacy industry risks. Its streamlined and efficient operations are able to maximize margins while reducing costs. For more information visit americanresourcescorp.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

Source : STRATEGIC RESEARCH INSTITUTE

voda 19 oktober 2020 15:37

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CIL MCL Tests Robots to Control Fire Dust in Coal Mines

Coal India Limited’s subsidiary Mahanadi Coalfields Limited has made a robotic intervention in mining operations to control the dust pollution and combat fire. Continuing with a series of innovations for making the mining operations safer, environment-friendly and efficient, MCL successfully tested the remotely-controlled mechanized swivel nozzle, popularly known as Robotic Nozzle, with variable cone mist and straight throw capacity to deal with fire and dust suppression in an effective way.

The introduction of “Robotic Nozzle” will be of great help to fire-fighting operations in coal mines besides effective dust suppression using conical mist function. Being a remotely-controlled system to operate from a safe distance, the “robotic nozzle” throws mist with variable cone envelope with a solid angle from 0 to 120 degree with additionally covering 360 degree horizontal pan and 180 degree vertical pitch.

Two more such systems will be retrofitted in 28 KL tankers at Basundhara OCP in Sundergarh district and Lingaraj OCP, Talcher in Angul district.

Source : STRATEGIC RESEARCH INSTITUTE

voda 20 oktober 2020 15:03

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India Changes Coal Block Auction Schedule

India has revised the timeline for awarding blocks to qualified bidders in its commercial coal mining auction, although the new schedule has not been announced yet. India received bids for 23 of the 38 coal blocks it is offering for commercial mining. A total of 42 domestic companies submitted bids, including mining firms and steel, aluminium and cement makers. These technical bids, which were submitted on 29 September, are being examined. A technical evaluation committee will then make final offers to qualified bidders by 9 November.

Source : STRATEGIC RESEARCH INSTITUTE

voda 20 oktober 2020 15:04

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Yancoal Quarterly Report for ul-Sep Quarter

Yancola said that had no material production impacts due to COVID-19. The year-to-date attributable ROM coal and saleable coal output are 6% and 11% ahead of volumes achieved in 2019. Moolarben's increased output and the additional stake in the asset have contributed to this outcome. With one quarter of the year remaining Yancoal has produced 29.2 million tonne of attributable saleable coal, 77% of the targeted volume.

17.9 million tonne ROM coal production, up 15% from 3Q2019
10.2 million tonne Attributable saleable coal production, up 21% from 3Q 2019
10.1 million tonne Mine production sales, up 20% from 3Q 2019.

Yancoal's average realised price for the period was AUD 70/t, compared to the AUD 87/t achieved in the prior quarter. Coal prices started to recover late in the period; while encouraging, a continuation of price improvements over the balance of the year is uncertain.

Source : STRATEGIC RESEARCH INSTITUTE

voda 20 oktober 2020 15:04

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Mr Bob Murray Retires from Coal Company

West Virginia Public Broadcasting reported that after applying for black lung benefits, Robert Murray, founder and former president of the now-bankrupt coal company Murray Energy Corp, announced that he is leaving the business after more than 60 years in the industry. Murray has been named chairman emeritus. Eugene Davis will replace Murray as chair of the board.

Murray Energy emerged from bankruptcy protection last month as American Consolidated Natural Resources. The 80-year-old Murray was named chairman of the board of the new company, which remains the largest privately-held underground coal company in the United States.

Murray founded the company in 1988. The outspoken mining executive railed against Obama-era climate and mining regulations and has been an ardent supporter of President Donald Trump. Early in Trump’s term, the coal magnate delivered a detailed action plan aimed at helping the declining industry.

West Virginia Public Broadcasting
www.wvpublic.org/energy-environment/2...

Source : STRATEGIC RESEARCH INSTITUTE

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