Poland rejects Lubelski Wegiel Bogdanka’s plan to expand coal mining operations

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

Leave Message for Us to Get Back

Related stories

Apple Invests $500mn in MP Materials to expand U.S. supply

In a recent move, technology giant Apple Invests $500mn...

Egypt and Saudi Arabia Exploring Mining Cooperation Options

The Egyptian minister of petroleum and mineral resources, Karem...

Steel Tariffs To Protect Domestic Steel Industry In Canada

Prime Minister Mark Carney of Canada on July 16,...

New Mining Law in Egypt to Shift EMRA Into Economic Entity

A new amendment to the mineral resources law in...

Poland has rejected a proposal from coal mining company Lubelski Wegiel Bogdanka to expand its coal mining operations and double reserves.

 

In July this year, the company announced its plans to double its recoverable coal reserves from the current 235 million tonnes (Mt) and extend the mine operating life to 2050, reported Bloomberg.

 

Bogdanka’s operating resources are situated in the Lublin Coal Basin, adjacent to the coal deposits of Australia-based Prairie Mining, which in 2012 received permission from the Poland’s environment ministry to explore the area.

 

According to the environment ministry, accepting the Bogdanka plan could put them at risk of breaching the investment protection agreement signed with Prairie Mining.

 

In April, Prairie announced plans to begin production at the Lublin fields in 2020, producing around 7Mt of coal a year and employing around 2,000 people.

 

Lubelski Wegiel Bogdanka CEO Zbigniew Stopa plans to approach the government to reconsider its request for new mining licence in the K-6-7 field.

 

Located in the east of Poland in Puchaczów, Lublin Voivodeship, Lubelski produced 4.25Mt of commercial coal in the first half of the year, up by 4.2% compared to last year’s figures.

 

Lubelski Wegiel Bogdanka management board president Zbigniew Stopa previously said that: “Our priority for the upcoming months is the launch of the mechanical processing plant, which is about to commence.

 

“This launch will enable us to produce better quality coal from the fourth quarter onwards, which should boost our financial results. We are also preparing to install the third ploughing system which has already been delivered and is to be launched in the third quarter of this year.”

Latest stories

Related stories

Apple Invests $500mn in MP Materials to expand U.S. supply

In a recent move, technology giant Apple Invests $500mn...

Egypt and Saudi Arabia Exploring Mining Cooperation Options

The Egyptian minister of petroleum and mineral resources, Karem...

Steel Tariffs To Protect Domestic Steel Industry In Canada

Prime Minister Mark Carney of Canada on July 16,...

New Mining Law in Egypt to Shift EMRA Into Economic Entity

A new amendment to the mineral resources law in...

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from any location or device.

Media Packs

Expand Your Reach With Our Customized Solutions Empowering Your Campaigns To Maximize Your Reach & Drive Real Results!

– Access the Media Pack Now

– Book a Conference Call

– Leave Message for Us to Get Back