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Coal

2.846 Posts, Pagina: « 1 2 3 4 5 6 ... 99 100 101 102 103 104 105 106 107 108 109 ... 139 140 141 142 143 » | Laatste

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voda 7 juli 2020 12:13

RITES & CIL Renew Rail Infra MoU

State-owned RITES it has renewed its pact with Coal India for project management consultancy services of rail infrastructure business, and construction of rapid loading system, coal handling plants and silos. The MoU has been renewed for five years.

While in the past, the MoU enabled RITES to achieve a fee income of around INR 100 crore per year, the company is expecting an increase in it due to additional scope and several projects expected in the pipeline, it added.

Source : Strategic Research Institute

voda 7 juli 2020 12:14

JSPL Calls for Washeries at All Coal Mines

Business Standard reported that Jindal Steel and Power Ltd has requested the government to install washeries at all coal mines to make washed coal available at affordable price to the industry. JSPL mangaing director Mr VR Sharma said in a webinar organised by PHD Chamber of Commerce "All the coal mines in the country should be coupled with the coal washeries. So, if the coal washeries can be installed at all of the mines then we can get washed coal at an affordable price."

Speaking at the webinar, M. Nagaraju, Joint Secretary, Ministry of Coal, said that interested players are free to set up coal washeries in the country. He said "The government has done away with mandatory washing of coal by the washeries for transportation beyond 300 km. But if the coal washery is required by a specific industry, players are welcome to set up. CIL is also setting up a large number of washeries.”

Source : Strategic Research Institute

voda 9 juli 2020 15:34

CIL Confirms 56% Reduction in Coal Production During Strike

State-owned Coal India managed to clock an average daily production of 44 per cent and average attendance of nearly 36 per cent during the three-day strike called by worker unions last week. This calculation of average is based on the average of 10 days prior to July 2, the first day of the three-day strike. CIL said "This means, with a little over one-third of the attendance, the company could still produce 58 per cent of Over Burden Removal and coal composite combined."

Over Burden Removal and coal composite means the volume of coal produced and topsoil excavated combined. Over Burden Removal is an important performance parameter as it exposes the coal seam for future production at short notice. OBR alone at 5.70 million cubic metres during the referred strike days clocked 61 per cent of the average of 10 days.

Source : Strategic Research Institute

voda 9 juli 2020 15:35

CIL MCL Orders Wage Cut for Striking Workers

Coal India Limited’s subsidiary Mahanadi Coalfields Limited has ordered an eight-day wage cut for workers who went on a three-day strike from July 2 to protest against private competition. MCL notice said “It is noted that the employees of Lakhanpur OCP, Belpahar OCM, Lillari OCP and GM office of Lakhanpur area who have participated in this illegal strike which is violation of rule 26.10 of the certified standing orders of MCL. In view of this misconduct on their part, eight days wage deduction as per Section 20 of the Code on Wages Act 2019, is hereby ordered for their act of participation in the illegal strike.”

The notice also read that the Deputy Chief Labour Commissioner in Kolkata was seized of the matter for conciliation under provisions of Industrial Disputes Act 1947.

While OCP refers to open cast project, OCM denotes open cast mine.

Source : Strategic Research Institute

voda 9 juli 2020 15:35

Wyoming DEQ Approves Brook Mine Company Coal Permit

Wyoming Department of Environmental Quality approved the coal mine permit application from the Brook Mine Company LLC, Permit No. PT0841. The Brook Mine will be located approximately 8 miles northwest of Sheridan, Wyoming. This approved permit application comes after several months of review by the Land Quality Division staff and consideration of public input to develop the final version of the permit and conditions.

Permit conditions will require the Brook Mine to, among other things, avoid blasting on weekends and holidays, limit ground vibration to protect structures near the permit area, update wildlife monitoring data, further evaluate subsidence prior to highwall mining, and post a reclamation bond in the amount of $1,358,637 prior to any mining disturbance.

Source : Strategic Research Institute

voda 9 juli 2020 15:37

Fossils of Elephant Tusks Found at Singareni Coal Mines

Fossils of elephant tusks were found by the workers of Singareni Collieries Company Limited while they were digging the earth in Medipalli opencast mine. The fossils were found at 20 metre depth while workers were excavating earth for coal in the newly started extension block of Medipalli opencast mine on June 30. The workers discovered one tusk measured 1.17 meter length, another is 1.50 meter at 20 meter depth while removing earth to dig coal in the newly started extension block of Medipalli opencast mine. Beside tusks, an elephant jaw was also found at the spot, confirmed the exploration team of Singareni Collieries.

The team sent the details of fossils to the Delhi archaeology department to get more clarity. Officials believe that the fossils of elephant which were found might belong to the period of some 200 to 300 million years ago when forests, animals and everything were submerged in the earth due to a catastrophe that hit the area. Later, it was converted into coal.

Flora and fauna are believed to have been submerged due to a catastrophe that hit the area some 200 to 300 million years ago. It is believed that the fossils belong to that period.

Source : Strategic Research Institute,

voda 10 juli 2020 15:40

CIL Announces INR 10000 Crore CAPEX for 2020-21

Indian state owned coal giant Coal India Limited has lined up INR 10,000 crore as capital expenditure for the current financial year. While the plant and machinery portion, including procurement of heavy earth moving machinery, comprises the major share with over INR 3,700 crore for the year, the expenditure on land acquisition and rehabilitation and resettlement involves upwards of INR 1,900 crore. These two heads make up around 57 percent of the overall CAPEX of 2020-21. The balance 43 percent is made up by the expenditure on transportation of coal evacuation, mine development, wagon procurement and others, including solar initiatives, research and development and exploration.

The CAPEX of CIL, at INR 844 crore during the first quarter of the current financial year, crossed the provisioned target of INR 720 crore

Source : Strategic Research Institute

voda 10 juli 2020 15:40

Coal Block Auction Threatens Tadoba Tiger Corridor

ToI reported that though timely protests stopped Bander coal block auction from going ahead, another block Marki-Mangli-ll falling in the tiger corridor of TATR Tipeshwar Wildlife Sanctuary in Yavatmal is up for auction. The proposed mining area is part of the approved tiger conservation plan of Tadoba and this is the same forest where tigress T1 aka Avni grew up and dispersed 90km away to Ralegaon in Pandharkawda division in 2015.

Of the around 250 hectares proposed mining area, 50% of Marki-Mangli-ll open cast mine is on reserve forest in Mukutban range under Jhari-Zamni tehsil of Yavatmal. The mines lie in inviolate forest area and are in the midst of corridor. While greens fought for Bander withdrawal, Marki-Mangli seems to have fallen off their radar. As per MoEFCC, the area is inviolate forest.

Source : Strategic Research Institute

voda 10 juli 2020 15:41

Wyoming Approves Ramaco Carbon’s Brook Coal Mine Construction

Wyoming environmental regulators have approved Ramaco Carbon’s application to construct the state’s first new coal mine in nearly half a century near Sheridan. Coal from the surface mine will be used to develop alternative uses for coal beyond burning it, potentially revitalising a key facet of both the state and the national economy. The Brook mine comprises over 15,000 acres and contains over one billion tons of thermal coal reserves, and is located on the site of previous coal mines going back to the 19th century. Its coal will serve as feedstock for research and manufacturing efforts at the iCAM and iPark. Ramaco is styling Sheridan, Wyoming as Carbon Valley supplying carbon from coal for high tech markets.

The iCAM (Innovating Carbon Advanced Materials) centre will host research professionals from national laboratories, universities, private research groups and manufacturing organisations in both laboratory, pilot-plant and permanent operating facilities. “This facility will foster research that allows strategic manufacturing partners to conduct applied research and development with one goal: to use the carbon found in coal to create advanced manufactured products.”

The iPark centre will be a next generation mine-mouth “coal to products” manufacturing facility, with zero net emissions. Located next to the Brook mine, operations at the iPark will utilise coal from the mine to create high-value carbon products. These include carbon fibre, graphene, graphite, carbon nano tubes, carbon dots, carbon-based resins, carbon based building products, medical products and activated carbon.

Source : Strategic Research Institute

voda 10 juli 2020 15:41

Indonesia Reports Increase in Coal Reserves

Indonesia's coal reserves have increased slightly as of the end of 2019, meaning that if annual production remains at around current levels the reserves will last until 2090. Total coal reserves in the country as of the end of 2019 stood at 37.56 billion tonne, up slightly from 37.34 billion tonne at the end of 2018. Total reserves of low-calorific value coal stood at 14.4 billion tonne at the end of last year, while reserves of mid-CV coal were at 20.3 billion tonne. But reserves of high-CV coal stood at just 2.72 billion tonne. Out of the 37.56 billion tonne, 20.5 billion tonne is classified as proven mineable reserves, with the remainder classified as estimated reserves. The bulk of the mineable reserves are located in Kalimantan province, with a total volume of 24.7 billion tonne.

Coal reserves refer to coal that is currently extractable with current mining infrastructure, as opposed to coal resources, which refer to coal in areas that have yet to be developed.

Source : Strategic Research Institute

voda 14 juli 2020 15:39

Shandong to merge Shandong Energy Group & Yankuang Group

Two of Shandong province’s top state-owned coal mining firms, Shandong Energy Group and Yankuang Group, are to merge into a single group, as part of the province’s scheme to improve the efficiency of state-owned capital utilization. As the two groups’ major businesses are similar, the merger will optimize resource allocation and help improve their competitiveness. Yankuang, which produced 166 million tonnes of coal in 2019, has operations in Shandong and Shaanxi provinces and the Inner Mongolia region. Shandong Energy produced more than 100 million tonnes last year. Joint output of more than 260 million tonnes per year at the newly merged company would make it one of China's largest coal producers, accounting for around 7% of the country's total coal output.

Yankuang's Australian producing subsidiary Yancoal will also be part of the merger. Yancoal expects to produce 36 million tonnes on an attributable basis in 2020, up from 35.6 million tonnes last year, despite the prospect of Covid-19 suppressing demand over the rest of this year.

Shenhua Energy, the listed subsidiary of China's biggest state-controlled coal producer China Energy Investment, has set a production target of 268 million tonnes for this year. China produced a total of 3.75 billion tonnes of coal in 2019.

Source : Strategic Research Institute

voda 14 juli 2020 15:40

Ramaco Resources to Reduce Operations at Berwind

Ramaco Resources Inc announced a partial closure of its Berwind low volatile development mine complex on the border of Virginia and West Virginia. Ramaco has taken this reduction measure to align current production to the weakened metallurgical coal market. Approximately 44 miners will be impacted. These personnel reductions are effective immediately. The Berwind mine will continue to run at a reduced rate to service existing customer commitments. Ramaco's Executive Chairman Randall Atkins said "The continued deterioration of both the domestic and export metallurgical coal markets, driven in large part by the COVID-19 pandemic have led us to make this difficult decision. We remain committed to the completion of our Berwind slope development to full capacity when the market has more clarity. We want to recognize the efforts of all of our coal miners who have advanced this project to date."

Ramaco Resources, Inc. is an operator and developer of high-quality, low cost metallurgical coal in southern West Virginia, south western Virginia and south western Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia. The Company has five active mines within two mining complexes at this time.

Source : Strategic Research Institute

voda 14 juli 2020 15:40

Buffalo Coal Reports COVID19 Case in Coal Mines in Dundee in KwaZulu Natal in South Africa

South Africa based Buffalo Coal confirmed identification of positive COVID-19 case following screening and testing at its coal mining operations in Dundee in KwaZulu Natal. The employee was quarantined and referred to a medical practitioner after presenting flu like symptoms. The Company received confirmation of the test results on July 11, 2020. A total of 7 employees, deemed to have had direct contact with the individual, were identified and have been requested to self-isolate in line with national health protocols and will be tested as a precaution. All areas where the individual may have worked have subsequently been subject to a deep cleaning and sanitisation process. Some employees have been re-deployed to ensure that the Coalfields processing plant can continue to operate.

The Department of Health, Department of Mineral Resources and Energy, regional health authorities, National Institute of Communicable Diseases and labour unions have been informed and engagements in this regard are on going.

Buffalo Coal is a coal producer in southern Africa. It holds a majority interest in two operating mines through its 100% interest in Buffalo Coal Dundee, a South African company which has a 70% interest in Zinoju. Zinoju holds a 100% interest in the Magdalena bituminous mine and the Aviemore anthracite mine in South Africa.

Source : Strategic Research Institute

voda 14 juli 2020 15:41

CIL Mahanadi Coalfields Unions Call for Strike on July 24

PTI reported that the trade unions at the Coal India Odisha based subsidiary Mahanadi Coalfields Ltd have called for a strike on July 24 to protest against the miner's decision to cut wages for workers who had participated in a three day nationwide cease work early this month. The four trade unions AITUC, HMS, BMS and INTUC have jointly served the notice of a day's strike.

MCL had issued wage-cut order for workers who took part in the three-day strike from July 2 to protest against the centre's decision to start commercial coal mining. The miner had termed the three-day strike illegal. Most of 20,000 mine workers did not report for work during the cease work. MCL said in a notice dated July 3 "It is noted that the employees of Lakhanpur OCP, Belpahar OCM, Lillari OCP and GM office of Lakhanpur area, who have participated in this illegal strike which is violation of rule 26.10 of the certified standing orders of MCL. In view of this misconduct on their part, eight days wage deduction as per Section 20 of the Code on Wages Act 2019, is hereby ordered for their act of participation in the illegal strike."

This was the second time when such a wage-cut order was issued for a strike. The first instance of such an order was in 2010 when a section of workers went on a day's strike.

Source : Strategic Research Institute

voda 14 juli 2020 15:41

Mounting Debt of Power Plants Hits Cash Flow of CIL

PTI reported that Coal India Limited’s dues from state owned power generation companies have risen to INR 22,000 crore amid muted demand and high production. A company source told PTI "Dues are now at INR 22,000 crore. We are not sure when the situation will improve, and are yet to see the flow of government funds as assistance to gencos. Majority of the dues are from state gencos and rationalisation of supply to put pressure on them is also not feasible. The problem of cash flow is severe with some of the subsidiaries like Bharat Coking Coal, Western Coalfields and Central Coalfields. They are facing a liquidity crunch to fulfil their statutory obligations like payment of salaries in the wake of low realisations."

The outstanding amount was around INR 12,000 crore in January. Net cash flow from operating activities for Coal India slumped sharply to INR 4,146 crore in the last fiscal from INR 16,355 crore in 2018-19,

Another official said low realisation is a critical issue for some subsidiaries but the problem is short lived as subsidiaries had been asked to rely on short-term loans from banks.

Coal India's supplies to the power sector in April-May declined 24 per cent on-year to 62 million tonnes.

Source : Strategic Research Institute

voda 15 juli 2020 16:12

Joe Biden Unveils New Climate Plan

US presidential candidate Joe Biden has unveiled a proposal to transform the US's energy industry, pledging to eliminate carbon pollution from power plants by 2035 and spend USD 2 trillion to turbocharge the clean energy economy. The plan would significantly reduce the country's reliance on fossil fuels, and the 15-year timeline for a 100 percent clean electricity standard is far more ambitious than anything Biden has previously proposed. Here are 9 key elements of Joe Biden’s plan for a Clean Energy Revolution and Environmental Justice:

1) Take executive action on Day 1 to not just reverse all of the damage Trump has done, but go further and faster. Day 1 of the Biden Administration is going to be very busy! To immediately make progress on his climate agenda, Biden will take actions including requiring aggressive methane pollution limits for new and existing oil and gas operations; developing rigorous new fuel economy standards aimed at ensuring 100% of new sales for light- and medium-duty vehicles will be zero emissions and annual improvements for heavy duty vehicles; protecting America’s natural treasures by permanently protecting the Arctic National Wildlife Refuge and other areas impacted by President Trump’s attack on federal lands and waters; and banning new oil and gas leasing on public lands and waters.

2) Work with Congress to enact in 2021, President Biden’s first year in office, legislation that, by the end of his first term, puts us on an irreversible path to achieve economy-wide net-zero emissions no later than 2050. The legislation must require polluters to bear the full cost of the carbon pollution they are emitting.

3) Rally the world to urgent and additional action. We know we cannot solve this emergency on our own: the United States accounts for only 15% of global emissions. On Day 1, Biden will rejoin the Paris Climate Agreement. But we must go further. In his first 100 days in office, Biden will convene a climate world summit to directly engage the leaders of the major greenhouse gas-emitting nations of the world to persuade them to join the United States in making more ambitious national pledges, above and beyond the commitments they have already made. Biden will not allow other nations, including China, to game the system by becoming destination economies for polluters, undermining our climate efforts and exploiting American workers and businesses.

4) Make a historic investment in clean energy and innovation. Biden will invest $400 billion over ten years, as one part of a broad mobilization of public investment, in clean energy and innovation. That investment is twice the investment of the Apollo program which put a man on the moon, in today’s dollars. He will also establish ARPA-C, a new research agency focused on accelerating climate technologies.

5) Accelerate the deployment of clean technology throughout our economy. Creating the best, most innovative clean technology in the world is not enough. We also need to make sure it is used by households and industry in order to achieve aggressive emissions reductions. Biden will set a target of reducing the carbon footprint of the U.S. building stock 50% by 2035, creating incentives for deep retrofits that combine appliance electrification, efficiency, and on-site clean power generation. He will work with our nation’s governors and mayors to support the deployment of more than 500,000 new public charging outlets by the end of 2030. And, Biden will ensure our agricultural sector is the first in the world to achieve net-zero emissions, and that our farmers earn income as we meet this milestone.

6) Make environmental justice a priority across all federal agencies. Everyone is already feeling the effects of climate change. But the impacts of climate change (and inaction on climate change) – on health, economics, and overall quality of life – are far more acute on communities of color, tribal lands, and low-income communities. The coronavirus pandemic, which early data suggests is linked to air pollution that disproportionately affects communities of color and low-income communities, is shining new light on this reality. Biden will make it a priority for all federal agencies — and hold them accountable for results — to engage in community-driven approaches to develop solutions for environmental injustices affecting communities of color, low-income communities, and indigenous communities.

7) Hold polluters accountable. On Day 1, Biden will require public companies to disclose climate-related financial risks and the greenhouse gas emissions in their operations and supply chains. In his first year, he’ll work to enact legislation requiring polluters to bear the full cost of their climate pollution. But that’s not all: Biden will direct his EPA and Justice Department to pursue these cases to the fullest extent permitted by law and, when needed, seek additional legislation to hold corporate executives personally accountable – including jail time when merited. Allowing corporations to continue to pollute – affecting the health and safety of both their workers and surrounding communities – without consequences perpetuates an egregious abuse of power. These companies must be accountable to the American people, the communities where they operate, and the workers they employ.

8) Create 10 million good-paying, middle-class, union jobs. Every federal dollar spent on rebuilding our infrastructure during the Biden Administration will be used to prevent, reduce, and withstand the impacts of this climate crisis. American workers should build American infrastructure and manufacture all the materials that go into it, and all of these workers must have the option to join a union and collectively bargain. Biden will ensure his infrastructure legislation incorporates labor provisions so federal investments create millions of middle-class jobs, benefiting workers across industries.

9) Fulfill our obligation to the communities and workers that have risked their lives to produce fossil fuels that made it possible for America to win world wars and become an industrial power. Biden will stand with communities and workers impacted by the changing energy market, including by increasing coal companies’ payments into the black lung benefits program, reforming the black lung benefits system so it is no longer rigged in favor of coal companies who can hire lawyers and doctors to ensure miners’ benefits are denied, expanding efforts to help miners detect black lung cases earlier and access care, and enforcing regulations to reduce cases of black lung in the first place. Biden will also establish a task force to help these communities access federal investments and leverage private sector investments to help create high-paying union jobs based upon the unique assets of each community, partner with unions and community colleges to create training opportunities for these new jobs, repair infrastructure, keep public employees like firefighters and teachers on the payroll, and keep local hospitals open.

Source : Strategic Research Institute

Bijlage:

voda 15 juli 2020 16:43

Supreme Court Admits Jharkhand Plea against Coal Blocks Auction

The Supreme Court issued notice to Indian government on Jharkhand Government’s pleas challenging decision to auction coal mines for commercial mining. A bench of Chief Justice S A Bobde and Justices R Subhash Reddy and AS Bopanna gave the Centre four weeks to reply on the writ petition and an original suit filed by the Jharkhand government questioning the decision to auction coal blocks for commercial mining.

The State Government has alleged that the announcement was made by the Centre unilaterally without its consultation. During the hearing, the bench told senior advocates Fali S Nariman and Abhishek Manu Singhvi, appearing for Jharkhand Government, that it is inclined to issue notice in this matter and hear it on injunction, listing it as early as possible.

Source : Strategic Research Institute

voda 15 juli 2020 16:44

Indian Thermal Coal Imports Drop 35% in Apr-Jun Quarter

According to the Indian Ports' Association, thermal coal imports at India's 12 major ports dropped 34.70 per cent to 17.71 million tonnes in the first quarter of the current fiscal. Impacted by the Covid-19 pandemic, coking coal imports too witnessed a decline 28.49 per cent to 10.69 million tonnes in the quarter. These ports had handled 27.13 million tonnes of thermal coal and 14.95 million tonnes of coking coal in the April-June period of the previous financial year.

The IPA, which maintains cargo data handled by these ports, in its latest report said percentage variation from the previous year" in thermal coal and coking coal handling was 34.70 per cent and 28.49 per cent, respectively.

India has 12 major ports -- Kandla, Mumbai, JNPT, Mormugao, New Mangalore, Cochin, Chennai, Kamarajar (Ennore), V O Chidambaranar, Visakhapatnam, Paradip and Kolkata (including Haldia) -- that handle about 61 per cent of the country's total cargo traffic.

These 12 ports had handled 705 MT of cargo in the last financial year.

Source : Strategic Research Institute

voda 15 juli 2020 16:45

Industry Seeks Extension to Commercial Coal Auctions

FE reported that amid low demand of coal in the current economic environment, potential investors have requested Indian government to delay the commercial coal auctions by three months. In letters sent to the Union coal ministry regarding the upcoming auction, industry players have pointed that more time is needed for identifying reliable coal customer to purchase coal and assess the grade of coal for the companies to take informed decision.

The government on June 18 had launched the maiden auction for coal blocks without any end-use restrictions, and the bidding is scheduled to take place on August 18. This would also be the first set of coal assets to be auctioned off through the new market-determined revenue share model that replaced the fixed fee/tonne regime that turned off private investors. Also, as approved by the Cabinet in January, unexplored coal blocks have been put up for auctions for the first time, which is seen to add certainty of tenure from the prospecting to the production stages.

Most of the mines earmarked for commercial auctions are located in Madhya Pradesh 11, followed by Chhattisgarh 9, Jharkhand 9, Odisha 9 and Maharashtra 3.

Source : Strategic Research Institute

voda 15 juli 2020 16:45

Whitehaven Coal Apr-Jun Quarterly Production Report

Whitehaven Coal Managing Director and CEO Paul Flynn said “Despite drought, bushfires and COVID-19 it was great to finish the year so strongly and achieve our ROM and managed sales guidance. We recorded our best ever safety result, 4.13 TRIFR, which is a credit to the team and the strong safety culture we are building across all sites. Our Vickery Project is now in the final stages of the NSW Government’s evaluation process and we expect a decision within weeks. Against an uncertain global economic backdrop Whitehaven is focused on optimising existing operations and observing disciplined capital management.”

Highlights

Record June quarter managed ROM coal production of 8.2 million tonnes, up 17% YoY

Record June quarter managed saleable coal production of 6.2 million tonnes, up 29% YoY

Strong June quarter managed sales of produced coal 5.3 million tonnes, up 13% YoY

Managed coal stocks of 3.7 million tonnes at period end

FY20 managed ROM coal production of 20.6 million tonnes, achieved full year guidance

FY20 managed coal sales of 17.5 million tonnes, achieved full year guidance.

Source : Strategic Research Institute

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