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Stanmore Resources Acquires BHP's Stake in BMC

Strategic Research Institute
Published on :
11 May, 2022, 6:30 am

Stanmore Resources has announced the completion of its USD 1.35 billion takeover of BHP’s 80% equity interest in Queensland metallurgical coal producer BHP Mitsui Coal. The acquisition puts the Australian junior coal producer and operator of the Isaac Plains met coal complex in Queensland on track to expand its production to 13.0 million tonne per year for seaborne-traded met coal.

BMC’s assets include the Poitrel and South Walker Creek mines, 8.4 million tonne per year of coal processing capacity at South Walker Creek, and its 9.0 million tonne per year Red Mountain processing plant near Poitrel, and a mining equipment fleet.

Stanmore Resources financed its acquisition of 80% of BMC from a mixture of sources, including a USD 625 million five-year acquisition debt facility, cash reserves, and a USD 600 million capital raising share placement to investors.
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UK MPI CEO Questions West Cumbria Coking Coal Mine Viability

Strategic Research Institute
Published on :
12 May, 2022, 6:30 am

UK’s Materials Processing Institute CEO Mr Chris McDonald has said that coal extracted from the planned Whitehaven coal mine will not be in-demand. Mr McDonald said “There are only two potential customers for this steel in the UK, one of them British Steel couldn’t use the coal from Cumbria because it’s not of the right quality. That leaves Tata Steel and they said they can use a small amount of the coal.”

He added “The other argument that’s come to the fore is reducing our reliance on Russian coal. The one company that could use this coal, Tata Steel have said they don’t buy Russian coal anyway.”

Mr McDonald also said “All of the major steel companies in Europe are developing new technology. There’s a decarbonisation target by 2050 but most companies in Europe are looking to do it much sooner.”

The Woodhouse Colliery proposed by West Cumbria Mining would supply metallurgical coal for the production of steel.
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Warrior Met Coal to Develop Blue Creek Hard Coking Coal Project

Strategic Research Institute
Published on :
13 May, 2022, 6:30 am

Warrior Met Coal Inc is relaunching the development of its Blue Creek reserves into a new, world-class longwall mine located in Alabama near its existing mines. Once completed, this transformational growth investment will reinforce Warrior’s position as the premier US pure-play producer of premium metallurgical coal products that are sought by customers throughout the global steel industry. Previously, the Company had delayed the development of the Blue Creek reserves due to the uncertainty of COVID-19, as well as market conditions and the labor strike. As market conditions have significantly improved and the Company’s cash generation and cash on hand have significantly increased, the Company has decided now to move forward with the development.

Since the initial announcement, inflation in steel and other commodity prices, including labor costs, have increased the total capital spending requirements of the project. However, during a refresh of the project, the Company has identified potential production increases of approximately 10% and anticipates being able to accelerate the start of longwall production by approximately fifteen months based on design modifications and projected stronger available liquidity to fund the project. Based on an assumed met coal price of USD 150 per metric ton, the projected net present value is approximately USD 1 billion over the life of the mine with a projected after-tax internal rate of return of nearly 30% and an expected payback of approximately two years from initial longwall production.

The Blue Creek development will be a single longwall mine and is expected to have the capacity to produce an average of 4.8 million short tons per annum of premium High-Vol A met coal over the first ten years of production. It is one of the last remaining large-scale, untapped premium High Vol A met coal reserves in the US.

Once fully developed, the Company expects Blue Creek to increase Warrior’s annual production capacity by 60% and expand its product portfolio to its global customers, by offering three premium hard coking coals that are expected to achieve the highest premium met coal prices in the seaborne markets.
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Australia’s Wet Weather Impacts Yancoal’s Coal Exports

Strategic Research Institute
Published on :
16 May, 2022, 6:30 am

The impact of one of Australia's wettest summers on coal exports has been reinforced by the 21% slump in produced coal sales by Chinese-owned Yancoal during January-March compared with the previous quarter. Yancoal reported attributable sales of 7.8 million tonnes during January-March, leaving it with a target of 27.2-30.2 million tonnes for April-December, or an average of 9-10 million tonnes each quarter. This is possible but requires optimal operating conditions, unlike those in the wetter than average April and second week in May.

The rain, which resumed has caused flooding at saturated mine pits throughout the first half of 2022, leaving Australian coal mine operators with nowhere to pump water with storage facilities at critically high levels. This is being compounded by Covid-19 worker absenteeism and delays securing key items such as spare parts because of stretched global supply chains, cutting Australian coal mining productivity.

Yancoal, which is Australia's biggest independent coal producer, is building new water storage at key mines in New South Wales to allow it to better drain pits after it run-of-mine production fell by around a third at its Mount Thorley Warkworth and Hunter Valley Operations mines in the latest quarter because of flooding. Other coal firms across NSW and Queensland are making similar investments as they seek to reduce the impact of the rain to allow them to capitalise on the current firmer price environment.

The rain, Covid-19 and higher diesel prices are pushing Yancoal's production volumes towards the bottom of its 35-58 million tonnes attributable saleable coal production target and unit costs towards the top of its USD 71-76 per tonne guidance, the firm warned in April. The risk of not remaining within guidance has been increased by the current period of heavy rain in NSW and in Queensland.
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Steel Mills Replacing Russian PCI Coal

Strategic Research Institute
Published on :
16 May, 2022, 6:30 am

A new report from the Institute for Energy Economics and Financial Analysis finds that steel-making companies are exploring replacing Australia and Russia’s increasingly expensive and supply-challenged pulverized coal injection coal with green hydrogen as an early pathway to reducing emissions in the steel industry. Report author IEEFA’s energy finance analyst Simon Nicholas says “Globally, the steel industry is exploring the potential for hydrogen while facing escalating coal prices. This is presenting challenges for the future of Australia’s PCI and coking coal, particularly with opportunities for hydrogen apparent in the short term in blast furnaces and longer-term in direct reduced iron processes.”

A number of companies are already exploring the replacement of PCI coal with hydrogen:

German conglomerate Thyssenkrupp started the first industrial-scale test of PCI coal replacement with hydrogen in 2019.

Australia’s largest steelmaker BlueScope plans to replace PCI coal with coke oven gas, which contains 60% hydrogen, subsequently adding green hydrogen. The company aims to work with Australia’s Commonwealth Scientific and Industrial Research Organisation and Shell on pilot green hydrogen production projects.

BHP, having indicated hydrogen will replace PCI coal in blast furnaces, is holding onto its hard coking coal assets and has started divesting mines that produce lower-quality metallurgical coal including PCI coal.

Rio Tinto has highlighted that reducing carbon emissions from blast furnaces will require higher-grade iron ore and the replacement of PCI coal with hydrogen, echoing the view that PCI coal is facing an increasingly challenged future.

PCI coal is essentially high-quality thermal coal which can be sold into metallurgical or thermal coal markets alike. It’s injected into historically dominant blast furnaces to reduce more expensive coking coal consumption. Australian PCI coal prices peaked at USD 645 per tonne in March 2022, briefly surpassing that of premium-quality hard coking coal, PCI coal is more usually priced 20%-30% lower. Even after coming off this extreme high, PCI coal was still at a very high USD 365 per tonne in early April.
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Bowen Coking Coal Appoint BUMA for Broadmeadow East Coal Mine

Strategic Research Institute
Published on :
18 May, 2022, 6:30 am

Bowen Coking Coal Ltd has appointed BUMA Australia Pty Ltd to provide mining services to its 100% owned Broadmeadow East Mine, with an option to extend those services to the Burton mine and agreed rates and tonnages. First phase mobilisation of site infrastructure, ancillary equipment, haul tucks and an EX3600 excavator are underway and site work is expected to commence within the next two weeks.

Annual ROM production contracted at an average rate of 1.2 million tonnes per year for BME over the term of the contract (three years plus one-year optional extension). First coal delivery to the Carborough CHPP targeted during July 2022.

The Broadmeadow East Project was acquired from Peabody Energy in June 2020 for AUD 1 million, plus a royalty of USD 1 per tonne for the first 1.5 million tonne sold. The project hosts a 33 million tonne resource and was initially planned to be mined though conventional truck and shovel opencast mining at a rate of between 0.8-1 million tonnes per year over a period of between 5 – 7 years. A fast tracked program for this contract targets the same tonnages to be mined at an average rate of circa 1.2 million tonnes per year over a shorter period.

Bowen Coking Coal Managing Director and CEO, Gerhard Redelinghuys, said: “We welcome the experienced team from BUMA onboard and we look forward to a long and mutually prosperous partnership. BME is a critical building block in Bowen’s plans to become Australia’s next significant independent coking coal producer.

Coal mined from BME will initially be hauled to Fitzroy Australia’s Carborough Downs CHPP, where it will be washed and exported to global steel producers through the Dalrymple Bay Coal Terminal under an infrastructure access agreement.
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Coal Consumers Seek Minister’s Intervention for Coal Supplies

Strategic Research Institute
Published on :
30 May, 2022, 6:30 am

Coal Consumers Association of India’s Secretary General Mr Subhasri Chaudhuri wrote to India’s Coal Minister Mr Pralhad Joshi that considering the severity of the situation, kind intervention of your esteemed Ministry is earnestly requested so that all CIL Subsidiaries may supply coal as per MSQ to Non-regulated Sector FSA consumers instead of limiting supply to trigger level in order to mitigate the crisis.”

Mr Chaudhuri said “While CIL’s production and despatch of rakes have grown significantly in recent months, supply of coal to NRS consumers via Rail mode has slumped further. Therefore, it is earnestly requested that despatch of rakes from CIL to the Industries may be increased at the earliest. Industrial units located at a long distance from mine pitheads are in dire need of coal supply via rail mode for survival of their plants.”

Mr Chaudhuri said “It is also requested by NRS consumers that like exchange rate of power has been capped at INR 12 at present, premium of coal in Spot e-Auction may also be capped to a certain limit till normalcy in the supply resumes in order to restrict the auction prices from going up uncontrollably in the high demand scenario. Otherwise, such exhaustive prices of coal would put unbearable financial burden on the Industries which would consequently increase the price of finished goods in the market affecting common people.”

Mr Chaudhuri said “Our members have suggested that instead of keeping CPPs idle which caused the CPP integrated industries to buy power from the Exchange, if FSA coal quantity may be supplied, it would have helped the CPPs to generate at full capacity and excess power could have been transmitted to the grid. This may also contribute in mitigating the ongoing power crisis. Under the ongoing coal supply crunch for the NRS which has triggered imbalance and poor coal materialization in the sub-sectors, it is requested that inter plant transfer of coal within the same group company that have multiple plants with separate linkage could kindly be considered. This may facilitate plants with extremely critical coal stock to sustain themselves by obtaining some quantities from other plants with better coal stock within the same group.”
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Britse regering wil kolencentrales langer openhouden in winter
ANP Producties - Gisteren om 14:29
© ANP

LONDEN (ANP/RTR) - De Britse regering is van plan kolencentrales die later dit jaar eigenlijk zouden sluiten, langer open te houden om te zorgen voor voldoende stroom komende winter. Daarmee wil Londen de energievoorziening garanderen in het licht van de oorlog in Oekraïne en de sterk gestegen energieprijzen.

Ook wil het Verenigd Koninkrijk zo minder afhankelijk worden van Russisch gas voor gebruik in energiecentrales. Momenteel is Rusland goed voor slechts 4 procent van de Britse gasbehoefte, maar de Britten vrezen dat de gasprijzen in Europa nog sterker zullen stijgen als Russische leveringen worden verstoord. Door steenkolen te verstoken wil Londen deze hogere prijzen kunnen compenseren.

"In het licht van de illegale Russische invasie van Oekraïne is het alleen maar juist dat we een breed scala aan opties bekijken om onze energieveiligheid en binnenlandse voorziening te versterken", aldus de regering, die overigens niet vreest voor energietekorten. "We moeten mogelijk onze kolencentrales beschikbaar maken om deze winter extra elektriciteit te leveren als dat nodig is."
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South32 Urges Greens to Spare Coking Coal from Mine Expansion Ban

Strategic Research Institute
Published on :
02 Jun, 2022, 6:30 am

AFR reported that South32 Chief Executive Mr Graham Kerr says that mines that produce coking coal for steelmaking should not be dragged into any potential bans that federal parliamentarians impose on coal mines in Australia. Mr Kerr said “Politicians needed to appreciate that coking coal has an important role to play in making steel for construction and infrastructure, including clean energy infrastructure. I would hope they would take a more pragmatic view on how you look at metallurgical coal because today there is no substitute. For thermal coal today there are substitutions, you can get renewables, you can use other power sources. I think when it comes to metallurgical coal you need it to make steel. Ultimately green steel will come via hydrogen, and that is probably 20 years away.”

For 85 years, Illawarra Metallurgical Coal has produced high-quality metallurgical coal used for steelmaking, which is shipped around Australia and around the world. South32’s Dendrobium Mine in the Illawarra region of New South Wales is an existing underground mine, primarily producing metallurgical coal for steelmaking. South32 is seeking federal and NSW government approval to spend AUD 853 million on extending the life of its Dendrobium coking coal mine in the Illawarra region. While Dendrobium would extend the life of an existing mine, an entirely new mine would come into production if South32 and its Chinese partner Baowu went ahead with development of the Eagle Downs coking coal mine in Queensland.

Greens leader Adam Bandt told The Australian Financial Review that his party’s opposition to new coal and gas projects included the expansion of existing mines and was not just limited to those opening up new mining provinces as Adani has done in Queensland’s Galilee Basin.
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Coal Pile Slide Kills 2 at Xcel’s Pueblo Power Plant in Colorado

Strategic Research Institute
Published on :
06 Jun, 2022, 6:30 am

Local media has reported that a slide on an 80-foot-high coal pile killed two workers at Comanche Generating Station in Pueblo in Colorado in US. Rescuers found the bodies of the two men buried beneath about 60 feet of coal. Witnesses said the workers were standing about 30 feet up a slope of the pile when the slide occurred

Witnesses reported that the accident happened on a feeder pile for the station's coal-fired power plant, which is Colorado's largest and is operated by Xcel Energy. Xcel spokeswoman Lacey Nygard said the workers are employed by Savage, a Salt Lake City-based firm contracted by Xcel to operate and maintain the coal yard at Comanche and at other Xcel coal plants.
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Edenville Energy Ends Rukwa Coal Mining Pact with NextGen

Strategic Research Institute
Published on :
15 Jun, 2022, 6:30 am

Edenville Energy has reached an agreement with NextGen to terminate the Contract with respect to the operation of the Company’s Rukwa Coal Project in Tanzania and has subsequently resumed full control of the site and mining operations. Following the termination of the Contract all mining equipment has been brought back into service by the Company, whilst an additional pre-strip excavator has been added to the fleet. Up to three additional trucks are also being sourced to rapidly scale production.

The Company’s initial goal is to satisfy existing demand from local customers of 1,500 tonnes of washed lump coal product and 500 tonnes of coal fines in the immediate future, targeting sales of 5,000 tonnes per month of washed coal late in Q3 of 2022, with coal fines sales also expected to continue and possibly expand. The Company believes there is sufficient demand based on its existing order book and recent discussions with potential customers to sell any coal that is produced at Rukwa.

Also, Upendo Group Ltd’s current 10% economic interest in the joint venture, which holds the licences governing the Rukwa Project, had been transferred to a 10% direct holding on the principal production licence, the Company remains in discussions with its legal advisers regarding the validity of the transfer and consequences thereof.
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BHP to Retain New South Wales Energy Coal

Strategic Research Institute
Published on :
20 Jun, 2022, 6:30 am

Leading Australian miner BHP will retain New South Wales Energy Coal in its portfolio, seek the relevant approvals to continue mining beyond its current mining consent that expires in 2026 and proceed with a managed process to cease mining at the asset by the end of the 2030 financial year. The decision follows BHP’s review of its lower grade metallurgical and energy coal assets that was announced in August 2020 and has also resulted in the divestment of our interests in Cerrejón and BHP Mitsui Coalin January and May 2022 respectively.

A trade sale process for NSWEC was conducted however the process did not result in a viable offer. Assessment of the resource economics, geotechnical profile and future investment requirements determined that continued mining in the near term and moving to a closure in 2030 provides the optimal financial outcome when compared to alternate options.

Continuation of mining to the end of FY2030 will afford eight years to work with our people, state and federal governments and local communities in the Hunter Valley region on a transition approach that supports long-term community sustainability.

Plans to continue operating NSWEC to FY2030 are subject to obtaining relevant approvals to enable mining beyond the current consent, which only provides approval for mining until 2026.

Work is underway to prepare the application for the relevant approvals with the New South Wales and Australian governments to support mining until 2030. This will also include plans for closure of the asset, including rehabilitation and determining the most appropriate post-mining land use. It is expected that continued work on rehabilitation will take 10 to 15 years following the cessation of mining. The provision for closure of the mine as at 31 December 2021 was approximately USD 700 million.
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Kabinet laat kolencentrales harder draaien

Door ABM Financial News op maandag 20 juni 2022
Views: 2.875

(ABM FN-Dow Jones) Het kabinet laat kolencentrales de komende tijd weer harder draaien zodat huishoudens deze winter niet in de kou zitten. Dit maakte minister Rob Jetten voor Klimaat en Energie maandag bekend op een persconferentie.

Het kabinet kondigt daarmee het eerste niveau van een gascrisis af, wat gelijk staat aan een vroegtijdige waarschuwing, aldus Jetten.

"Het risico van niets doen is te groot geworden", vindt de minister.

Door de kolencentrales harder te laten draaien wordt minder aardgas gebruikt. Dat kan niet zomaar, want in de Nederlandse wet is vastgelegd dat kolencentrales op maximaal 35 procent van hun capaciteit mogen draaien zodat de CO2-uitstoot wordt beperkt.

Daarom is besloten om deze productiebeperking voor de jaren 2022 tot 2024 terug te draaien. Dit heeft gevolgen voor de CO2-uitstoot, aldus Jetten, en dus zal het kabinet andere maatregelen nemen om de uitstoot te compenseren. De minister zal die tijdens Prinsjesdag bekendmaken.

Volgens Jetten is er geen sprake van een tekort in de komende weken en maanden en Nederland loopt voorop qua extra import. Het kabinet is momenteel bezig om de Nederlandse gasopslagen verder te vullen, boven de Europese norm, aldus Jetten. Eerder werd al bekend dat er aanvoer is van vloeibaar gas uit andere delen van de wereld.

In de persconferentie werd ook gesproken over Gronings gas door staatssecretaris van Mijnbouw Hans Vijlbrief. Hoewel de elf productielocaties van het Groningse gasveld openblijven "op de waakvlam", aldus Vijlbrief, is het nog steeds het voornemen van het kabinet om het gasveld in 2023 of 2024 te sluiten.

De Groningse gaskraan verder opendraaien is momenteel geen optie, volgens de staatssecretaris, omdat het gasveld niet veilig gebruikt kan worden. Pas als de energievoorziening echt in het geding komt, is het een optie om meer gas uit Groningen te halen, aldus Vijlbrief.

Bron: ABM Financial News
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Tata Steel Has Stopped Buying PCR Coal from Russia

Strategic Research Institute
Published on :
21 Jun, 2022, 6:40 am

Reuters reported that a spokesman for Tata Steel has clarified that the deal to import coal from Russia was made before the company's announcement to cut business ties with Russia, without providing further details. He informed Reuters “There has been no other PCI Coal purchase by Tata Steel from Russia after the announcement.”

Reports have emerged that Tata Steel imported about 75,000 tonnes of PCI coal through Panamax Ostria from from Russia's Vanino port in the second half of May, out of which 42,000 tonnes were offloaded in a port in Paradip on May 18 and 32,500 tonnes in Haldia.

Tata Steel had said in April all its manufacturing sites in India, the UK and the Netherlands had sourced alternative supplies of raw materials to end its dependence on Russia as a conscious decision to stop doing business with Russia.
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Glencore Increases Guidance for Thermal Coal

Strategic Research Institute
Published on :
21 Jun, 2022, 6:30 am

Leading miner & metal supplier Glencore has provides updates concerning its coal Industrial business and Marketing business. Glencore said “Our Industrial coal portfolio produces various quality specifications in three countries, destined primarily for seaborne thermal markets, but also for steel and domestic consumption. We have seen unprecedented dislocation in energy markets over the year to date, resulting, at times, in record pricing differentials between the various coal benchmarks and quality categories. Relative to the Newcastle thermal coal pricing benchmark, our coal portfolio mix adjustment guidance, which is used to calculate an overall realised price for the Group’s coal portfolio as a deduction against the Newcastle thermal coal price, has increased to reflect these larger differentials and portfolio composition.”

Glencore said “Our February 2022 full year portfolio mix adjustment guidance of USD 32.8 per tonne, basis a Newcastle thermal coal forward average price at the time of USD 175 per tonne, is expected to increase to a range of USD 82-86 per tonne for the first half of 2022, basis an assumed Newcastle thermal coal average benchmark price of USD 318 per tonne over the half.”

Glencore added “In line with the higher coal prices, government royalties have increased significantly relative to our February cost expectations, which together with higher input costs (including diesel, explosives, logistics and electricity), are expected to result in an increase in our reported average FOB thermal unit cost for the period to USD 75-78 per tonne, compared to earlier guidance of USD 59 per tonne for 2022.”
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Reuters: Tata Steel India kocht veel Russische steenkolen
ANP Producties - 6 uur geleden
© ANP

DELHI (ANP) - De Indiase staalreus Tata Steel heeft in mei zeker 75.000 ton Russische steenkolen gekocht, ondanks de eerdere belofte van het concern dat het geen zaken meer doet met Rusland vanwege de oorlog in Oekraïne. Dat zeggen meerdere bronnen tegen persbureau Reuters. Het bedrijf, ook eigenaar van de staalfabriek in IJmuiden, beloofde in april dat het voor al zijn productievestigingen grondstoffen van elders zou halen.

Volgens de ingewijden zouden er kolen vanuit de Russische haven Vanino naar de Indiase havens Paradip en Haldia zijn verscheept. Een woordvoerder van Tata Steel zegt tegen Reuters dat er nog kolen uit Rusland komen als onderdeel van een eerdere deal, voordat het bedrijf de zakelijke banden met Rusland verbrak. Sindsdien zijn volgens Tata ook geen Russische kolen meer gekocht.

Tata Steel was de enige grote staalproducent die aankondigde geen zaken meer met Rusland te willen doen. Andere Indiase staalproducenten hebben grote hoeveelheden steenkool uit Rusland ingevoerd, zo bleek uit handelsgegevens. Indiase bedrijven zouden kortingen tot wel 30 procent krijgen op de aankoop van Russische kolen.

Anders dan veel westerse landen heeft India de Russische invasie in Oekraïne niet veroordeeld. Dat komt vermoedelijk ook door de politieke banden die Moskou en New Delhi onderhouden. Volgens India zou het ineens stopzetten van aankopen van Russische goederen er onder meer voor zorgen dat de prijzen in India in rap tempo stijgen. Dat pakt dan weer nadelig uit voor de inwoners.
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Coal Mining Threatens Ancient Coffee Forest in Ethiopia

Strategic Research Institute
Published on :
22 Jun, 2022, 6:30 am

Mongabay reported that the Yayu forest in southwestern Ethiopia is a UNESCO Biosphere Reserve and one of the worlds only remaining ecosystems in which genetically diverse varietals of arabica coffee grow wild. The forest also sits atop a massive deposit of coal, estimated to be enough to meet Ethiopia’s domestic coal demand for 40 years. With Ethiopia’s government looking to boost the country’s mining industry, a shuttered mining venture in the forest’s buffer zone is set to be revived. Coffee farmers who have carefully managed and protected the forest for generations say a shift to mining will completely change their society, the local economy, and the environment. Sitting high in the hills of southwestern Ethiopia, the thick green forest of Yayu is a haven of biodiversity where Nuradin Aliyi, third-generation wild coffee farmers have lived his whole life intertwined with nature.

This form of traditional coffee management has been practiced for generations by the residents of Yayu, leading to the conservation of the genetic diversity of the forest’s wild arabica coffee. Farmers say they live in harmony with the forest they depend on. They said “We only plant coffee seeds we collect from the forest, and we do not use any inorganic fertilizers.”

Located 1,500 meters above sea level, Yayu’s coffee forest is one of the last and most significant ecosystems where genetically diverse varietals of arabica coffee grow wild. Due to the global interest in preserving the Yayu coffee gene pool, as well as the other indigenous plants, animals and bird species the forest supports, it was designated a UNESCO Biosphere Reserve in 2010.

But in recent years, increasing interest in what lies underneath the forest threatens to overturn this way of life. Around the turn of the century, a massive coal deposit was found in the area, generating huge interest from the government and mining companies. An unpublished 2007 report by a Chinese-based consultancy, China National Complete Plant Import and Export Corporation, estimates the availability of 230 million tonnes of coal in a 5,000-hectare area in and around the forest. This figure would be enough to satisfy Ethiopia’s demand for 40 years.

The first attempt to mine coal in Yayu came in 2012, when a state-owned military-industrial conglomerate launched a massive project in the biosphere’s buffer zone to extract coal and manufacture urea, a key component in fertilizer production. Mired in scandal, the project was shut down in 2017, but not before carving a hole in the forest and damaging its biodiversity.
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Huge Burst of Methane from Raspadskya Coal Mine in Russia Seen

Strategic Research Institute
Published on :
22 Jun, 2022, 6:30 am

ZME Science reported that a satellite has detected what could possibly be the world’s biggest leak of methane from a single industrial site, an underground coal mine in south-central Russia. While more short lived than CO2, methane is an extremely potent greenhouse gas and is immensely important for planet’s climate. A satellite managed by GHGSat, a commercial emissions-monitoring firm, observed thirteen plumes of methane at the Raspadskya mine, the largest coal mine in Russia in late January. About 90 tonnes per hour of the greenhouse gas was being released from the mine. This would be enough to produce natural gas to power 2.4 million homes.

The mine seems to be leaking methane at a lower rate now, about a third of the highest rate recorded in July, but it’s still an important methane contributor. Furthermore, the leak is believed to have been active for at least six months before January’s survey. GHGSat said the leak is about 50% bigger than any other leak seen since it started its global satellite monitoring back in 2016. Russia hasn’t reported the leak on its end.

In 2015, the biggest methane release in US history happened in an underground natural gas storage facility in Los Angeles. GHGSat estimates up to 58 tonnes an hour of methane was released. Three years later, GHGSat identified a malfunctioning oil well in Turkmenistan, which released 142,000 tonnes of methane between 2018 and 2019.

Russia is one of the leading sources of methane from fossil fuel extraction. The country’s gas infrastructure, including pipelines and production facilities, has been described as notoriously leaky despite calls to take action. A study last year showed methane emissions from Russian pipelines surged during the coronavirus pandemic. All underground coal mines such as the Raspadskya mine produce methane, which can cause explosions if it accumulates. That’s why methane is usually vented for safety reasons. However, there are ways to capture the greenhouse gas when it’s produced at a high rate or vent it through oxidization, so it causes less harm to the climate.
Bijlage:
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Metinvest to Continue Development of Pokrovsk Coal in Donetsk

Strategic Research Institute
Published on :
27 Jun, 2022, 6:21 am

Interfax Russia reported that Ukrainian steel & mining giant Metinvest plans to continue to develop coking coal producer Pokrovske Colliery in the Donetsk region as well as the Sviato-Varvarynska Beneficiation Plant in Ukraine. Metinvest CEO Mr Yuriy Ryzhenkov at a meeting with Metinvest’s Pokrovsk Coal employees said “Our plans haven't changed. We're continuing to work, and we understand that our coal will be in demand in the next 10 to 15 years. It's too early to speak about clean technology and green steel. While I am sure a transition to green steel is inevitable, this will take another 15-20 years. Our coal will be needed during this time. Therefore, we intend to follow through on our plans of developing and upgrading the Pokrovske Colliery. Coal produced by the Pokrovske Colliery's miners is valuable and needed.”

Mr Ryzhenkov said “Four producing sections are currently operating at the Pokrovske Colliery. We stand ready to keep stepping up the volumes, increasing the cutting rate and production indicators, and invest in development. We have time-tested marketing channels now. We've managed to find new markets not only in Ukraine, but also in other countries, such as Slovakia, Hungary, and Poland. We consider possible cooperation with West European plants.”

Mr Ryzhenkov also said “The events in Ukraine have had a substantial effect on Metinvest's operations. We've lost the opportunity to operate our plants in Mariupol. We had to stop our plant in Avdiyivka, evacuate people and take equipment out of there. Our plants and facilities in Kamyanske, Zaporizhzhya, and Kryvyi Rih are not working at full capacity.”

Metinvest had become Pokrovske Colliery’s minority shareholder in 2018 &established control over in March 2021. Metinvest set up the company Metinvest Pokrovsk Coal on 1 December 2021 to manage operational and administrative changes of the Pokrovske Colliery Group companies. It comprises the Pokrovske Colliery and the Sviato-Varvarynska Beneficiation Plant. Pokrovske Colliery, earlier known as Krasnoarmiiska-Western No 1, is the largest producer of coking coal in Ukraine.

Metinvest Holding is the management company of Metinvest Group. The primary shareholders of Metinvest are SCM Group 71.24% & Smart Holding 23.76%.
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Haagse koerswijziging
Hoe de kolencentrale van paria in redder veranderde
Door THEO BESTEMAN

Updated 2 min geleden
1 uur geleden
in FINANCIEEL

ROTTERDAM - ’Vervuiler’, ’verstikker’. Briellenaar Siemon Bezuijen (32), de operator van kolencentrale Uniper, hoort de kritiek al jaren. Totdat het kabinet afgelopen weken opeens veel méér kolenstook eiste. Van paria zijn kolencentrales redders van Nederland geworden.

RENE BOUWMAN
Op de Maasvlakte meren aan de kade naast Uniper in de brandende zon grote schepen af. Via een kilometerslange ondergrondse transportband gaan hun geloste tonnen zwarte steenkool naar de grote oven. „Er staan hier nergens mensen meer die met scheppen de kolen in de oven gooien. Die tijd is lang voorbij”, lacht Bezuijen.

Hij controleert, kijkend in het felle geeloranje vuur van vlammen die zeventig meter omhoogschieten, hoe stabiel de aanmaak van energie verloopt. In het hart van de centrale dreunt de voetbalvelden grote stoomturbine. „Ik hoef eigenlijk niet te kijken: ik voel en hoor gewoon of ze goed draaien”, zegt hij ernaast. „De fabriek is zo vertrouwd. Al checken we alles doorlopend.”

BEKIJK OOK:

Steenkolencentrales overvallen, sprokkelen snel schaars zwart goud
’Maatschappelijk nut’
Na een stage in 2010 ontvlamde zijn liefde voor dit vak. „Ik had als scholier bij twee chemiebedrijven rondgelopen, dat beviel niks. Dit was het meteen”, wijst hij op de dreunende turbines. „Dit heeft maatschappelijk nut, dat je met collega’s voor de samenleving bezig bent, dat geeft elke dag een goed gevoel.” Uniper levert 7 procent van alle energie in Nederland.

Maandag 20 juni, bijna half zes. Dat moment zullen ze hier niet snel vergeten. Minister Rob Jetten spoedt zich vanuit het ministerie van Economische Zaken en Klimaat naar perscentrum Nieuwspoort. Eerder, in maart 2019, kondigt het kabinet nog de sluiting van de Hemweg-kolencentrale aan. Jetten laat zich dan als D66-Kamerlid met duim omhoog (’Wij halen hem weg’) verkneukelend vrolijk fotograferen, terwijl enkele honderden mensen hun baan verliezen. Na de uitspraak in de Urgenda-klimaatzaak beslist het gerechtshof dat Nederland de CO2-uitstoot in 2020 al ten opzichte van 1990 met een kwart moet afbouwen. Op 22 december vorig jaar besluit Jetten dat alle andere kolencentrales vanwege Urgenda nog maar op 35 procent van hun capaciteit mogen draaien.

Operator Siemon Bezuijen: „Je bent voor de samenleving bezig, dat geeft elke dag een goed gevoel.” RENE BOUWMAN
BEKIJK OOK:

Energie-experts bezorgd: Jetten moet Nederlandse belangen beter beschermen
Economische Zaken en Klimaat
Onderweg naar Nieuwspoort belt Economische Zaken en Klimaat Uniper-directeur Dyonne Rietveld, en minuten later meldt Jetten, krap zes maanden na het vorige besluit, dat de drie resterende kolencentrales in Nederland ’per direct’ en tot 2025 toch weer volle bak ’mogen’ stoken.

De reden: Poetin gaat de Russische gaskraan mogelijk sluiten. Iedere kuub Russisch gas die niet gekocht wordt, is winst. Gas is nu ruim twee keer zo duur als voor de inval in Oekraïne. Rietveld, die vijf energiecentrales in Nederland aanstuurt, is „verrast door het moment en de snelheid van het besluit”. Als het ’economisch’ haalbaar is, zal Uniper leveren, zegt Rietveld. De centrale kan meer leveren, al hebben de drie centrales tot dan maar kolen ingekocht voor maximaal 35 procent stook. Per dag gaan er 6200 ton kolen doorheen. Dit jaar is de kolenprijs 170 procent gestegen.

BEKIJK OOK:
Klimaatdrammer wordt kolenboer

’Geen vertrouwen meer in overheid’
„Dat ze in Den Haag zó makkelijk het beleid zó totaal wijzigden, met zulke grote gevolgen, ik snap het niet”, blikt Bezuijen terug op de reductie naar 35 procent. „Besef wel even hoeveel mensen van zo’n centrale afhankelijk zijn. Ik heb geen vertrouwen in de overheid meer. Ik snap die boeren absoluut”, zegt hij.

Nederlandse stroom komt steeds meer van zonnepanelen en windmolens. „We zijn hier al jaren bezig met die overgang”, zegt Bezuijen op het dak. Wijzend naar de rookpluim uit de fabriekspijp: „Daar zit geen schadelijk stoffie meer in hoor, alles is eruit gefilterd. Aan die duurzaamheid wil ik komende jaren meewerken. Prachtig man”, glundert hij. In vijftien jaar moet er bij Uniper geen CO2-uitstoot meer zijn. „Ik weet voor wie ik het doe hè. Ik blijf hier, absoluut.”

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