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Bowen Coking Coal (ASX:BCB) and the advantages of coking coal
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The merits of coal mining have long been discussed, but attention is now turning to the different types of coal on the market
Specifically, astute investors are beginning to understand that coking coal isn t easily replaced and remains essential to the steelmaking business
One of the ASX-listers taking advantage of the in-demand commodity is Bowen Coking Coal (BCB), which owns world-class assets in Queensland s Bowen Basin
The company s Broadmeadow East Coking Coal Project is advancing towards shovel-ready status, with a resource estimate of 33 million tonnes already declared
24 February 2021
Spanish renewable energy giant Gransolar is developing 13 large-scale batteries across South Australia, Victorian and NSW with a collective capacity of 300 megawatts and one to two hours of storage each.
Developed with its battery division, E22, batteries will have, on average around two hours storage, and be sized at around 20MW/40MWh, though the final dimensions of each will vary, The first are expected to be completed at the end of 2021, with the rest coming online in the first half of 2022.
Gransolar has secured the land for the batteries, and is in the process of going through various regulatory approvals. Most of the batteries will be in South Australia and Victoria, with a minority in NSW.