Friday, 18 Jun 2010
Canada – Coal Power Deposit Mine Joint Venture
The site, the largest undeveloped deposit in North America, contains 231 million tonnes measured and indicated and 2.57 billion tonnes inferred and speculative of high rank anthracite coal.Project is undergoing the environmental assessment process to permit a mine, process plant and related infrastructure to sell metallurgical coal products to the overseas steel industry. The owner is actively pursuing a strategy to partner the project.Project is undergoing the environmental assessment process to permit a mine, process plant and related infrastructure to sell metallurgical coal products to the overseas steel industry. The owner is actively pursuing a strategy to partner the project.
More than $85 million of work has been carried out including test mining of more than 200,000 tonnes of coal for processing in a pilot plant test at the site, and producing 100,000 tonnes of various coal products for trial cargos to customers in North America, Asia and Europe.
Opportunity Type: Market Pointers