AUL 0.00% 28.5¢ austar gold limited

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  1. 4,289 Posts.
    The case for exporting coal to India from Bacchus gets stronger each year IMO.

    India through their INDC have now legislated that all coal needs to be washed to remove impurities prior to burning. ie- mandatory beneficiation.

    Vic LV brown coal is best in world for low ash and impurities.

    http://www.orfonline.org/cms/sites/...=89698&mmacmaid=89697&volumeno=XII&issueno=18

    October 2015

    "The inclusion of coal washing in the INDC document shows that India has given the attention that it deserves. There is an urgent need for the adoption of policies that address the institutional barriers preventing the widespread adoption of coal beneficiation in India. Coal washing needs to be given priority as it is a genuine first step towards efficiency in the coal sector..."

    Coal washing = mandatory beneficiation

    Coal washing will be made mandatory. This will require setting up large number of washeries. Therefore, the environment ministry is finalizing the terms of reference for setting up coal washeries. This will make getting environmental clearance for setting up washeries a less cumbersome process.

    Shri Prakash Javadekar
 
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