CA-Black-Transp

Donkin Mine to Produce 2M Tons Per Year

By the summer of 2017, U.S.-based Cline Group’s Donkin underground mine in Canada’s Nova Scotia province is expected to be producing coal at the rate of approximately 2 million tons annually, according to the company’s Kameron Collieries subsidiary. The mine, which will extend for about a mile and several hundred feet below the Atlantic Ocean along Cape Breton’s rugged northeastern coastline, is estimated to produce its first coal late this year or in early 2017.

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China’s Coal Production Plummets in May

China’s coal production declined sharply in May as measures to cut capacity began to take effect, Xinhua reported. Total output of coal mining companies with annual revenue of more than 20 million yuan ($3 million) dropped 15.5% year on year in May, according to the National Development and Reform Commission.

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Dubai Invests in Clean Coal Project

Dubai’s government-owned utility, DEWA, recently signed agreements with a consortium, that includes China’s Harbin Electric and Saudi Arabia’s ACWA Power, to build and operate a 2,400 megawatt (MW) clean coal power plant.

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Swedish State Confirms Vattenfall’s Lignite Divestment

During April, Swedish power producer Vattenfall submitted a proposal to sell its German lignite operations to Czech energy company EPH and its financial partner PPF Investments. After having reviewed the proposal, the owner (Sweden) has now confirmed that it stands behind the divestment.

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India Asks Government-owned Power Plants to Stop Importing Coal

According to an official in the Ministry of Coal, the Indian goverment has issued a directive to all thermal power generating companies owned and operated by the federal and state governments to stop importing coal feedstock for their plants in a bid to tide over mounting coal stocks with Coal India Ltd. (CIL), which accounted for more than 80% of domestic coal supplies. He said CIL has sufficient stocks of coal to meet entire thermal coal demand and power generating companies did not need to meet their requirements through imports. He said the government put in place an effective process of auctioning coal for private companies and 8 million metric tons (mt) per month would be offered to the power sector where electricity tariffs were regulated.

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