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Coke | 2014-06-18 08:26:43
Bathurst Resources, ASX listed company can move on with the operations in its Escarpment Mine Project in New Zealand for the production of coking coal, once global prices of coking coal recover.
WELLINGTON (Scrap Monster): Bathurst Resources, ASX listed company can move on with the operations in its Escarpment Mine Project in New Zealand for the production of coking coal, once global prices of coking coal recover.
From this site about 35,000 tonnes of coking coal are expected to be explored in the first six months of the project work. After this, it needs the receipt of AEO (Authority to Enter and Operate) from the land owner-the DOC (Department of Conservation)
The first stage of the project will comprise of clearance of site, initial water management dams and drainage system establishment, coal stockpile area installations, site roads and basic facilities such as amenities and site offices.
Areas for the coal production will be cleared and other site works will be carried out to make the site for a steady state mining operations. The coal that produced form the first stage would be sold to the domestic industrial market. And some cols will be sent to coke and steel producers in Japan, India and other Asian markets for trials.
Initial stage of the project is an important step for developing a full scale coking coal production.