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Team
Woodhouse Colliery
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Media
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World Leading ‘Net Zero’ Steelmaking Coal
High-Quality Long-Life Asset
One of the largest steelmaking coal resources in Europe with proven resources of more than 216 million tonnes.
100% of production is high-quality metallurgical coal, equivalent to USA High Volatile ‘A’ – a highly desirable
product to steelmakers.
Significant logistical benefits – rail connection to UK steelmakers, 18 hours to key European ports including Rotterdam.
Application of modern, proven mining method and equipment (runout and pocket partial extraction).
Well-Advanced & De-risked Project
Final planning approval granted by the UK Government (7 December 2022)
DFS and detailed engineering completed – construction to commence before the end of 2023 with first production in the first half of 2025
Historical mining at adjacent Haig Colliery (1917 to 1986) confirms practical conditions and extensive seams
World Leading ESG
World leading ‘net-zero’ coal product with the lowest Scope 1, 2 & 3 emissions of any steelmaking coal mine globally
Comprehensive methane capture and abatement programme (>95% elimination)
Tree planting, renewable electricity and offset of minor residual emissions via purchase of recognised offsets
>95% local community support for project – in full production the project is expected to generate 532 direct jobs, >1,500 indirect jobs
Favourable Market & Project Fundamentals
Strong demand and supply dynamics with ever increasing constraints on other new coal projects
Low project delivery risk due to existing surface and rail infrastructure and access to deep berth port
Significant annual expenditure into the local area and national supply chain, with more than £100m spend per annum
Twin declines for cost effective and time efficient access to coal seams (450m depth, ~2.5m thick)
Extensive Industry Experience & Capability
Experienced project team with combined +100 years of relevant mining development and operational experience
Key suppliers identified, with a focus on local and UK companies wherever possible
Very high level of interest from job-seekers, with many applications from mining and tunnelling experienced personnel based in the UK
Supported by a board and investors with huge resource industry experience and capability