CEO 0.00% 4.2¢ c @ limited

If the coal at Ovorhangay turns out to be anthracite and not...

  1. 346 Posts.
    If the coal at Ovorhangay turns out to be anthracite and not coking coal, pricing is still very favourable.

    Page 12, latest Fortune Minerals presentation (http://www.fortuneminerals.com/):

    ANTHRACITE PRODUCTS & USE
    Highest quality coal with very high carbon & energy content
    Anthracite only 1% of world coal reserves
    Metallurgical coal with diverse applications

    Filter Media US$400 / tonne
    Metallurgical Reductants / charge carbon US$400 / tonne
    Ultra-Low Vol. PCI US$250 / tonne
    Sinter US$200 / tonne
    Power Generation US$150 / tonne

    Other products:
    Blend coal with coking coal for making metallurgical coke
    Direct coke replacement
    Heating & cooking briquettes
    Binder for iron ore pellets

    Also see page 13 for market dynamics.
 
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