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HomeTourismHow recent FEED studies drive Aspire Mining’s (ASX:AKM) Mongolian coking coal project

How recent FEED studies drive Aspire Mining’s (ASX:AKM) Mongolian coking coal project

Amidst growing concerns over carbon emissions and climate change, coal projects have been in discussion.

Germany, on the other hand, has decided to fire up its coal power plants as oil & gas supply disruptions loom over Europe due to the ongoing conflict between Ukraine and Russia.

This is thermal coal which is responsible for the emission of greenhouse gases.

Another type of coal is required for steel manufacturing- coking or metallurgical coal. This particular coal type is heated in a ‘coke oven’ in a reducing condition at a high temperature. At sufficiently high temperatures, the coal becomes plastic and fuse together. On resolidifying, coke particles are produced.

Coke is used in the steel-making process and is the primary source of carbon in steel. Nearly 700kg of coke is required to make one tonne of steel.  

Steel continues to remain in demand while premium coking coal deposits are vanishing. Steel industries in China, Japan…

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