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Bowen Coking Coal Announces Upgrade at Isaac River Project

Coal News - Published on Mon, 16 Sep 2019

Image Source: stockhead.com.au
Queensland-based coking coal explorer Bowen Coking Coal announced some more good news on its fully owned Isaac River project. The company washability tests on coking coal at the site confirmed a significant quality upgrade from historic results. Seam blending and other trade-off studies are underway to determine optimal product configuration.

Shares in Bowen have gained by around 25 per cent since the company announced a 67 per cent increase in its Isaac River resource estimate in late-August. The company said its washability results would help it push ahead its pre-feasibility study, as it looks to establish a mine layout for the environmental approval process. Bowen said that “Various combinations of the washability data will now be used to form clean coal composites, before conducting a full suite of washed coal quality analyses for marketing purposes.”

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Posted By : Rabi Wangkhem on Mon, 16 Sep 2019
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