Emeco acquires business

EMECO International, a subsidiary of Emeco Holdings, has acquired the assets of JK Mining for $13 million

PIKE River has signed a $19 million contract for the design and construction of the Coal Preparation Plant (CPP), to be developed at the mine site 46 kilometers North-East of Greymouth.The total cost of the CPP including other necessary equipment is $20 million as budgeted by Pike River.

The CPP will take raw product delivered by the underground mine via a 10.6 kilometer slurry pipeline, and remove any reject material such as rock.

It will wash, grade and stockpile the coal ready for transport to the Port at Greymouth.

The design capacity is approximately 1.5 Million tonnes of raw product.