INTERNATIONAL COAL NEWS

Walter escapes serious storm damage

IN the wake of a severe line of storms that have blown through the southeastern US, producer Walt...

Donna Schmidt

This article is 14 years old. Images might not display.

The company said several large tornados passed over the area Wednesday, however no fatalities were reported, although one worker at a surface operation received an injury that required first aid treatment.

No other injuries have been reported, officials said.

"While both the No. 4 and No. 7 [longwall] mines avoided direct impact by the tornadoes, they experienced power outages which have temporarily impacted production,” US operations president Walt Scheller said.

“We expect production to resume as soon as all power is restored and any related underground issues are resolved.”

The company also reported mostly superficial damage at its surface operations, except the Taft Choctaw mine where storm-related damage cut the power to the mine and the electrically-operated dragline.

“At this time we are uncertain how long it will take to restore power to this facility,” officials said, adding that its metallurgical coke plant in North Birmingham was unaffected and was operating at normal levels.

Florida-based Walter completed its $US3.2 billion acquisition of Canadian producer Western Coal earlier this month.

The newly combined company is a North American and global steelmaking coal giant, the top publicly traded pure-play metallurgical coal producer in the world with access to the Pacific and Atlantic seaborne markets.

In total, the producer now owns 385 million tons of reserves, 20Mt or more of which it expects to mine annually by 2012.

Its production profile is balanced between Walter's high-productivity assets and Western Coal's high-growth assets in Canada, the US and the UK, and it will be the only producer with cost-advantaged transportation access to the Asian and South American seaborne metallurgical coal markets.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions