Acacia Coal Limited has confirmed that the anthracite quality from the Gus Seam at the RAC project is a premium product for supplying the world leading South African ferrochrome sector, which underpins the global production of stainless steel. Technical studies have shown the anthracite from the Gus Seam is low in phosphorous and sulfur.
The company is confident that the high quality and strategic nature of the RAC anthracite will support premium prices through the commodity cycle and importantly support higher practical yields of marketable product, significantly enhancing project economics.
Highlights of the findings include:
RACS’s Gus Seam anthracite confirmed as premium quality.
Ideally suited for the production of Ferrochrome.
South Africa has the world’s leading ferrochrome industry dominated by Glencore and Samancor.
Limited long-term supply of suitable anthracite positions RAC as a strategically important future.
Read the article online at: https://www.worldcoal.com/exploration-and-development/23032017/acacia-coal-confirms-coal-at-riversdale-anthracite-colliery/
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The US Department of Energy’s Office of Fossil Energy has selected three additional projects to receive approximately US$3 million in federal funding for cost-shared research and development projects.
