Pike River coal manages emissions and looks forward to price increases
20 Jun 2008

Pike River Coal is poised to take advantage of demand from Japan that will double the price of coking coal in the next year alone, says McDouall Stuart which acted as lead manager for Pike River Coal’s 2007 IPO and 2008 rights issue.
The mine is due to shovel its first coal next month, July. The mine has the objective of being New Zealand’s second-largest export coalmine. Annual production from the Pike River mine is forecast to be one million tones.
... login or subscribe for full story
Story copyright © Carbon News 2008