Coal - Copperbelt Katanga Mining

Global Coal Demand Set To Rise Amid Upheaval Of The Energy Crisis

January 12, 2023January 12, 2023 Constance

Coal markets have been shaken severely in 2022, with traditional trade flows disrupted, prices soaring, and demand set to grow by 1.2%, reaching an all-time high and surpassing 8 billion tonnes for the first time. In last year’s annual market report, Coal 2021, we said that global coal demand might well reach a new peak in 2022 or 2023 before plateauing thereafter. Despite the global energy crisis, our overall outlook remains unchanged this year, as various factors are offsetting each other. Russia’s invasion of Ukraine has sharply altered the dynamics… Read More Here

International Coal Energy

Arq Process Converts Fine Coal Waste Into Microfine Hydrocarbon

January 9, 2023January 9, 2023 Constance

Arq, an innovator in recovery and transformation of coal waste into an entirely new source of high-value energy, recently installed eight 18-foot Eriez® CavTube flotation columns in its first commercial facility located in Corbin, Kentucky. The Arq process converts fine coal waste into Arq Fuel™, a high value, microfine hydrocarbon with an average particle size of less than 5 microns and less than 1% mineral matter that can be blended into oil products. Arq Fuel™ behaves like oil without the costs of the oil industry. Eriez’ CavTube columns, which are… Read More Here

Coal

Botswana’s Morupule aims to boost coal output by 50% with new mine

September 28, 2022September 28, 2022 Janet

Botswana President Mokgweetsi Masisi on Wednesday commissioned a new 1.4-million tonne per year coal mine at state-owned Morupule Coal Mine (MCM), aiming to increase exports after demand for the fuel boomed since the start of the war in Ukraine. Despite the country’s estimated 212-billion tonnes of coal resources, MCM was its only operating mine until Minergy commissioned a new one in 2019 with an annual capacity of 1.2-million tonnes. Many European and Asian countries are scrambling for alternative sources of fuel given the global energy crisis, and Botswana wants to become a… Read More Here

Coal Mining Companies

Glencore profit more than doubles thanks to soaring coal price

August 8, 2022August 8, 2022 Janet

Mining and commodities trader Glencore (LON: GLEN) posted on Thursday record profit of $18.9 billion in the first half of 2022, more than doubling last year’s figure thanks to its booming thermal coal business. Unlike rivals, including Anglo American, Rio Tinto and BHP, which bowed to investor pressure to exit fossil fuels, Glencore has continued mining coal, of which prices have reached record highs on the back of a global energy crunch unleashed by the war in Ukraine. The Swiss firm’s coal division generated earnings of $8.9 billion in the first six months of… Read More Here

Coal Mining in Zambia

MAAMBA’S FOOTPRINT: BEYOND MINING AND BASELOAD ELECTRICITY

August 7, 2022August 7, 2022 arnbethnic

SINAZONGWE, ZAMBIA – Nestled in the heart of the Gwembe Valley, Maamba Collieries Limited (MCL) is spread over an expanse of over 8,000 hectares that, at first glance, looks like just another coal mine with an integrated mine-mouth thermal power plant – abuzz with the industrial hubbub of complex engineering and heavy earth-moving machinery.But this industrial giant, unique in Zambia in that its operations cover mining and generation of baseload power for the nation, is undertaking numerous activities beyond its operational mandate.For more than a decade since privatisation in 2010 and… Read More Here

Coal

𝐌𝐎𝐑𝐔𝐏𝐔𝐋𝐄 𝐂𝐎𝐌𝐌𝐈𝐓𝐒 𝐓𝐎 𝐒𝐔𝐏𝐏𝐎𝐑𝐓𝐈𝐍𝐆 𝐁𝐎𝐓𝐒𝐖𝐀𝐍𝐀 𝐂𝐎𝐀𝐋-𝐓𝐎-𝐋𝐈𝐐𝐔𝐈𝐃 𝐀𝐌𝐁𝐈𝐓𝐈𝐎𝐍

July 13, 2022July 13, 2022 Janet

Government owned coal mining company Morupule is committed to supporting Botswana ‘s coal to liquid ambition, a multi billion pula project that would see Botswana produce fuel from its abundant coal reserves and unlock thousands of jobs and value chain opportunities along the way. This commitment has been reiterated by Morupule Coal Mine General Manager Mr Edwin Elias in a number of media engagements recently. “There is Coal to gas aswell, this is a high capital intensive project, we are ready as Morupule Coal Mine to ramp up production and… Read More Here

Coal International

China ban on foreign coal investment leaves Zimbabwe scrambling

June 9, 2022June 9, 2022 Janet

Zimbabwe’s plan to refurbish two idled coal-fired power stations has been thrown into disarray by China’s decision to ban investment in plants burning the dirtiest fossil fuel outside its borders. Zimbabwe was depending on China to help get the Bulawayo Power Station, which has a design capacity of 90 megawatts, and Munyati Power Station, meant to generate 100 megawatts, to produce electricity to fill a chronic shortfall in the southern African country. “There is no funding for coal plants,” Sydney Gata, the chairman of state-owned Zesa Holdings Ltd., said in… Read More Here

Coal

Europe looking to get a million tonnes of coal annually from Botswana, says President Masisi

May 11, 2022May 11, 2022 Janet

Botswana has been inundated with inquiries to supply coal to Europe and estimates that demand from Western countries could top a million tonnes a year, President Mokgweetsi Masisi said on Tuesday, as the Ukraine war forces Europe to pivot more to Africa for energy resources. Since Russia invaded Ukraine at the end of February, Europe has sought to cut its gas imports from Russia, which many European nations previously relied on, and is looking at other parts of the world to meet its fuel demand, including coal. That potentially opens… Read More Here

Coal Mining in Zambia

Nava Bharat, parent company of Maamba Collieries plans $100 million investment in phased manner

March 27, 2022March 27, 2022 arnbethnic

Paloncha based Nava Bharat Ventures Limited (NVBL) which is celebrating its golden jubilee year of its formation is gearing up to invest 100 million US dollars to further its operations, informed the company Chief Executive Officer (CEO) Ashwin Devineni. Established in 1972 as an Indian Ferroalloys manufacturer, the company is now a multinational firm operating in India, South East Asia and Africa. The company successfully completed 50 years in the industry and is aiming further its organic and inorganic growth. Nava Bharat currently produces over 2,00,000 tons of Ferroalloys each… Read More Here