UC RUSAL’s production and summary financial results for 2007

Highlights

Revenues increased by over 11% to $14.3 billion compared with $12.9 billion in 2006
Overall investment rose by 45%, amounting to $2.9 billion
Aluminium production increased by 6% to 4.2 Mt
Output of high value-added casthouse products increased by 16% to about 2.1 Mt
Alumina production rose by 5.1% to more than 11.3 Mt
Bauxite mining production was maintained at […]

NMA pleased with Bush statements on coal

National Mining Association (NMA) President and CEO Kraig R. Naasz commended President Bush for his strong endorsement of clean coal technology in the annual State of the Union address. ”The nation’s mining industry commends the president for acknowledging the importance of clean coal technologies in the nation’s on-going efforts to reduce greenhouse gas emissions and strengthen […]

Power back and new arrangements for South African mines

More details are emerging about the power problems with Mintails confirming that it was not affected by the request of Eskom to cut production in an effort for Eskom to cope with current nationwide power shortages. However, the Mintails release explains that Eskom requested that “138 major industrial customers cut electricity use for the next […]

Program of world Coal-to-Liquid conference available

The liquefaction of coal is once again at the heart of strategic thinking about energy supplies. In South Africa, 30% of the fuels consumed are produced from coal. The US Air Force has just finished flight tests on a B-52 using similarly produced fuel and will have tested its entire fleet by the end of […]

Black outlook for coal supply (and steel)

With all the talk that is generated about coal in climate warming debates and so on, it looks as though the world, in part, is now going to find out what it is like to be wirthout coal. As Macquarie Research pointed out Friday, ”there have been some truly staggering events in the coal market during […]

NMA says current regulations provide comprehensive environmental protection for minerals mining; additional rules unwarranted

A comprehensive web of environmental laws and regulations covering mineral mining operations from ‘cradle-to-grave’ makes additional regulation redundant and unnecessary, a leading mineral mining expert told America’s Senate Energy and Natural Resources Committee this week. Both federal and state agencies have rules to ensure all aspects of mineral mining - from exploration to reclamation and […]

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