Glencore to restart mining at Integra

“The Integra mine has one longwall block already formed, providing an opportunity to begin mining with minimal delays or additional investment,” said Ian Cribb, Head of Glencore’s coal operations. “Over the next two years we also plan to complete and extract coal from a second longwall block that has already been partially development at the mine.”

Acquired by Glencore from Vale in 2015, the Integra mine has been on care and maintenance since July 2014. With an uptick in global coal prices this year and the closure of a number of its other coal mines in Australia, the mine offers a low-cost option to maintain coal tonnages and take advantage of the improving market.

The Swiss-based company expects mining to resume in early 2017. It expects to produce 1.3 million t of high-fluidity saleable metallurgical coal in 2017 – meeting a specific need in the metallurgical coal market following the closure of a number of US mines that supplied similar coals.

Read the article online at: https://www.worldcoal.com/mining/01112016/glencore-to-restart-mining-at-integra/