Firm invests �37 million in coalmine

21-08-2006

Powerfuel, which owns coal mines in the UK, has bought cutting edge machinery totalling £37 million in a bid to exploit reserves at a once uneconomical pit.

The investment in machinery could save the jobs of mine workers at the Hatfield Colliery near Doncaster in South Yorkshire.

Hatfield closed two years ago but more than £100 million is being invested to extract reserves.

The purchase of new cutting and ancillary equipment is seen as the biggest order in over two decades, with the colliery poised to reopen for business next year.

Operators hope to extract two million tonnes of coal per year by 2009.

The equipment is being bought from Joy Mining Machinery, with the company aiming to manufacture the apparatus at its factories at Worcester, Wigan and Nottingham.

The UK still has six operational coal mines.


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