The recent development of replacing coking coal with hydrogen in crude steel production has created a buzz that coking coal might soon be out of favour. ... both capex as well as opex. In short ...

Australia's Aquila puts Eagle Downs coking coal capex at A$1.25 bil. Australian coal producer Aquila Resources on Tuesday said it will cost anestimated A$1.254 billion ($1.34 billion) to develop the Eagle Downs jointventure project, which it projected would produce an average of 4.5 millionmt/year of hard coking coal for an initial mine life of ...

Bowen Coking Coal executive vice-chairman Nick Jorss said: "Bluff is a rare opportunity to acquire a near-production asset which can be recommissioned without significant capital expenditure. "The acquisition of the Bluff PCI mine accelerates our goal of becoming the Bowen Basin's next independent producer of high-quality metallurgical ...

This is in line with our capex forecast for 2019 and regular sustaining capex was almost flat yoy, at roughly USD5 million in 1H19. MMC boosted its 1H19 coking-coal sales volume by 14% yoy to two million tonnes (mt) on higher Chinese consumption, which was up by 9.7% yoy in 1H19 to 272mt.

coking coal production opportunities, including the New Elk Project in Colorado, USAand the Tenas Project, located in British Columbia, Canada. The New Elk mine is a fully permitted shovel-ready project, targeting hard ... capex to first production (US$40m including working capital) with cash costs of US$74/t FOB.

Australian coal producer Aquila Resources on Tuesday said it will cost an estimated A 1.254 billion ( 1.34 billion) to develop the Eagle Downs joint venture project, which it projected would produce an average of 4.5 million mt/year of hard coking coal …

In order to obtain an estimation of the capex of a generic coking coal project, as Auger & Guzmán (2010) did for copper mines, a relationship was found between the capex expressed in M$ and the clean coal production in Mtpa.

Warrior Met Coal: coking coal in the USA. ... and Warrior should even be able to fully finance the construction capex without external debt if the coking coal price picks up towards $130-150/tonne.

Poised for significant yoygrowth in steelmaking coal production Assumes mining starts 1 Jan 2021 New Elk Tenas k/mt 83Mt of saleable coal reserves New Elk Tenas GoathornTelkwaNorth § Hard coking coal 45.1Mt § Semi coking coal 16.6Mt 13.9Mt 7.5Mt Telkwa Business strategy: investing in steel making coal where projects are

Capital spending at Australian coking coal mines remains muted Australian producers supplied roughly 60 percent of all coking coal in the seaborne market in 2018 Australian expansion capex fell from a peak of $8.5 billion in 2011 to an average of $1.2 billion annually over the past three years Based on current expansion plans, that trend

Over the medium term, maintenance CAPEX may increase to support current capacities, like the construction of a new blast furnace at EVRAZ NTMK and higher CAPEX to maintain coking coal mining volumes. Investment projects implemented in 2014-2016

facilitators of this capex will be companies that make earthmoving/mining equipment – TRF, TIL, Elecon, Action Construction, etc. Manufacturers of coal washery equipment will also benefit in a big way since government wants more coal to be washed before use.

India has 80 mn t of capex plans in steelmaking and with more than 60 mn t of imports has emerged as the leading seaborne coking coal consumer ahead of China, Japan and South Korea. In May-June'20 coke costs were the lowest in India.

Coking Coal Price Outlook. Australian coking coal prices continued their upward journey in recent weeks, on tighter global supply and healthy demand. On 7 October, the commodity traded at USD 395 per metric ton, which was 36.1% higher than on the same day of the previous month. Moreover, the price was up 287.5% on a year-to-date basis and was ...

production to reduce the start-up capital requirement at the New Elk hard coking coal mine ( New Elk Mine ), from US$40M to US$24M, both of which include working capital. § The saleable coal tonnes, the total mine capital expenditure and the total cash operating costs

Australian coal producer Aquila Resources on Tuesday said it will cost an estimated A 1.254 billion ( 1.34 billion) to develop the Eagle Downs joint venture project, which it projected would produce an average of 4.5 million mt/year of hard coking coal for an initial mine life of 48 years.