Coalview Ltd., LLC has announced plans to build a new fine coal processing plant in Eastern Pennsylvania. The facility will consist of a full rail and truck load-out, along with a fine coal recovery plant that will process roughly 300,000 tons of material per year.
As quoted in the press release:
The new Coalview facility will produce various sizes of anthracite product from fine anthracite in partnership with current producers. Anthracite contains more fixed carbon than any other type of coal with the least amount of ash and volatile matter. The product can be used as a domestic fuel product, or for use in steam-electric power generation.
Coalview CEO, Roger Fish, said:
We are actively looking to work with local producers of Anthracite where they have existing or legacy impoundments to process their fine coals. There are numerous properties in the Pennsylvania area that can benefit from our technologies.
Get Our Expert Guide to Coal Investing FREE!Download this FREE Special Report, Coal Price Forecast 2015 Types of Coal, Coal Prices and Coal Stocks