Characteristics Of The Australian Coal Industry

Tour guide Cheri Chantz provided a background on how coal and the mine itself were formed. The Coteau Freedom Mine was formed over 50-60 million years ago. It takes approximately ten feet of vegetation under heat and pressure forms approximately one foot worth of coal. The type of coal found at the Coteau Freedom Mine was lignite coal, which is a low quality form of coal. Lignite coal has lower energy content or BTU compared to other forms of coal due to the decrease in the amount of carbon present in the coal and an increase in impurities and water content. In fact, lignite coal is nearly one-third water.

A concern raised by a group of environmentalists over a threat to the Great Barrier Reef is carbon dioxide (CO2) emissions that emit from the burning of coal. The federation government environment minister, Mr. Greg Hunt approved a 16.5 billion dollar project to Indian mining company so called Adani mining company. According to Queensland premier and the Adani mining company, claimed that the investment of coal mine extraction would create 10,000 jobs for local residents and inject 22 billion dollars for the Queensland state’s economy.

Husky Energy Inc. is a company that produces several different forms of energy but most specifically known for their crude oil work. They do work with natural gas and several different kinds of oil (Warnock, 1). They are well known for their gas and diesel sales as the “Husky” or “Husky Truck Stop” gas bars. They began as a small oil refinery back in 1938 out of Cody, Wyoming, U.S (History). Their growth began slowly, but 1970’s, they had grown nationally, were able to be sold on the stock market in North America, and exceeded 1 billion dollars in value (History). Natural gas is becoming a huge player in the Husky Energy Inc. plan as they have natural gas asset “Liwan” valued at 6.5 billion split at 49/51 with China’s CNOOC Ltd. (Catteneo). The relationship between CNOOC has been going on for many years thanks to their current owner.

One of the highlights of the new year is greeting our annual intake of graduates who are taking their first steps in a career in coal mining as professionals in training. Tobie Loftus is one of them, and recently graduated top of his class – and cum laude – from the Univeristy of the North West.

All of these towns are situated in Australia’s outback, the land mostly consisting of barren dry rock and dirt. But hiding in the endless dusty land and rocks are masses of Opal. Coober Pedy, Lightning Ridge, and Andamooka are home to many Opal mines, most of which are underground mines. The whole of Coober Pedy has many underground mines for opals extending out 40kms around the town with over 200,000 mine shafts which can be up to 27m deep. Andamooka another prominent mining town has 52km2 of mines both underground and open mines, three to ten meters deep into the seabed.

It is predicted that Australia’s carbon dioxide emissions would double if these mines were to be built, from 357.5 tonnes to 750 tonnes of carbon dioxide per year. Additionally, many of these mines will require additional train rails to be constructed for the purpose of transporting the mined goods to proposed ports on the coast of

Because of technical improvements, nonrenewables are found, extracted, and employed more efficiently than ever. Since 2000, companies have located more natural gas sources in the United States. This occurred because of advances in exploration methods. New ways to process coal have led to fewer impurities. The energy efficiency of coal has also improved so that more energy can be created from less coal.

Coal power is the cheapest fuel to power the ever growing population with Australian mining industry still putting in billions of dollars into a vast amount of coal projects never the less coal power is a fossil fuel, a fuel which takes hundreds of year to form so the future of coal is undetermined. Coal is a reliable power source but one of the many concern with coal is the mining process used to remove it from the ground. Ecological effects are developing worries for the industry, with the carbon emissions possibly contributing to global warming.

Coal contains a lot of energy and is abundant. Next, the technological demands are low, as well as the cost. It is easy to manage and needs little purification before

Research suggests that coal is an energy source for the future because it is stable and reliable with abundant reserves. Coal is the most affordable and efficient fuel source used to produce power, and because of new technologies, coal can be extracted and used to produce energy more efficiently and cleaner for decades to

Due to the Queensland floods there is a major hit on the coal mining industry with it being severely affected. More than 15 million coal has been lost since the floods

I know that this is a very complex portfolio especially since the 90s after the conservatives tried to privatize Ontario Hydro, and I'm proud that Ontario has managed to eliminate coal from its energy mix.

OZ Minerals Limited (ASX code: OZL) is a modern mining company based in Australia where their main focus are on copper. They own the Carrapateena and Prominent Hill copper-gold mine, both situated in South Australia. OZL has a weightage of 0.08% in the market. OZL and its wholly-owned Australian controlled entities are part of a tax consolidated group where OZL is the head of the tax consolidated group.

The world’s largest independent corporation for its production of crude oil and natural gas are to be known as the Canadian Natural Resources. It is an Energy Company that is situated in Calgary, Alberta. From the early 1980s, this company has developed from less than a 10 employees and a market capitalization of $1 billion to one employing 3700 employees with a market capitalization of $30 billion ranking number 251 on Forbes list in 2010. The emergence of rapid growth has come due to attainments and organic growths. Canadian Natural Resources (CNQ) is a large company that is operated across Western Canada, offshore West Africa and North Sea. This Energy Company deals with exploring many resources such as: mining, natural gas, oil Sands, production of crude oil and other related markets in the US, Canada and Europe. The biggest production offering nearly half of its all products is the natural gas.

Coal, a mineral I have discussed previously, is necessary to our everyday lives. Coal is an incredible source of energy; it heats our houses and buildings, and also fuels stoves. You may often wonder where this extremely useful mineral comes from. Coal does not just appear; it needs to be mined through a process which results in our being able to utilize it. Coal mining is fairly inexpensive, is carried out on a large scale and can be mined in either underground or surface mines.