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Coalview Ltd plans a new processing facility site in Pennsylvania

Coal News - Published on Thu, 26 Jun 2014

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Coalview Limited, LLC America's leading fully integrated coal technology and fine coal recovery company providing technology and environmental solutions for mining property owners, announced plans to build a fine coal processing plant in Eastern Pennsylvania.

The processing facility will consist of a full rail and truck load-out, along with a fine coal recovery (FCR) plant built to process approximately 300,000 tonne per year.

Mr Roger Fish CEO of Coalview’s said that “We are actively looking to work with local producers of Anthracite where they have existing or legacy impoundments to process their fine coals. There are numerous properties in the Pennsylvania area that can benefit from our technologies.”

The new Coalview facility will produce various sizes of anthracite product from fine anthracite in partnership with current producers. Anthracite contains more fixed carbon than any other type of coal with the least amount of ash and volatile matter. The product can be used as a domestic fuel product, or for use in steam-electric power generation.

Mr David Schwedel, Coalview’s Executive Director, and Lead Investor, said that “Our group expects to invest approximately USD 50 million on this facility. This is a great opportunity to assist existing anthracite producers in the Pennsylvania area, and will positively affect employment in the area as we believe the project will impact more than 100 direct and indirect jobs in Pennsylvania.”

The Eastern Pennsylvania location offers numerous advantages.

Meanwhile, Coalview is America's leading fully integrated coal technology and fine coal recovery company providing technology and environmental solutions for mining property owners on a global basis.

Source - Strategic Research Institute, Steel Guru

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Posted By : admin on Thu, 26 Jun 2014
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