Uncategorized

Lignite Mining Market: Worldwide Demand, Growth Potential & Opportunity Outlook

Press Release
The worldwide market for lignite mining is affected by the expanded requirement for vitality and the rising costs of different vitality creation assets. Likewise, with the advancement occurring in the economies, for example, India and China, the interest for vitality will rise, consequently, expanding the cost of vitality and its assets. This ascent in value will in general move the enthusiasm of businesses towards different assets of vitality. As of late, nations, for example, Germany has halted its atomic power age business and changed to other power creating assets. Wonder AG, a German electric service organization has increase coal use to create power from lignite and, as indicated by Bloomberg Businessweek; by and by the firm produces about 52% of intensity in Germany. From this time forward, the worldwide market for lignite mining is required to develop with the rising vitality costs and atomic risk concerns.
Lignite coal is mostly used as a fuel, in steam to electric power generation units. The presence of high content of volatile matter makes it easier to convert coal into gases and liquid petroleum products. Moreover, lignite is more accessible than other coals as the location of lignite veins are relatively nearer to the surface. This eliminates the need of underground mining and the risk of carbon monoxide or methane buildup, which is a primary safety concern in underground mining. Due to low energy density and high moisture content, lignite is often burned in power plants, near to the mines. Lignite is a major source of electricity in many countries and also reduces the import liabilities of countries with large production capability. Renewable sources of energy are being promoted by government, but the proportion of coal in world’s energy basket is difficult to replace by renewable resources in near future, due to their high initial investment or lack of technologies with many countries. However, lignite mining also involves risks such as collapse of sloped earthen walls after heavy rains. The occurrence of such incident is rare due to the development of constant monitoring system, which helps to forecast the weather effect on mining conditions. The most common accidents in lignite mining industry are related to the maintenance and operations of heavy equipment used in the industry.
Coal to liquid (CTL) technologies provides a huge scope for lignite mining market. Coal to liquid (CTL) technology is used in many countries, including, South Africa with some under way projects in China, Philippines and India.
Lignite mining market can be segmented on the basis of end use as: electricity generation, fertilizer based production and synthetic natural gas generation. Electricity generation consumes more than half of the world’s lignite coal production.
Geographically, Lignite mining market can be segmented as: North America, APAC, Europe and Rest of the world (RoW). Among these, Europe has the largest lignite coal reserves in the world. In 2011, 1041 Metric Tons of lignite/brown coal was produced with majority of the share from Germany, followed by China and Russia. Some of the world’s main lignite mines and deposits are found in eastern, central and southern Europe –Serbia, Germany, Poland, Bulgaria, Greece, Hungary, Romania, the Czech Republic, Bosnia, Italy, Turkey and Russia. In North America, primarily the mid-western and southern states, including Montana, Texas, Louisiana, North Dakota and Mississippi, have lignite deposits. In Asia; China, India, Indonesia, Thailand and Pakistan are major producers.
Some of the major players in Lignite mining market include SRK Consulting, ZEMAG Maschinenbau GmbH, Joy Global Surface Mining, Neyveli Lignite Corporation Limited, Environmental Clean Technologies Limited and RWE.

Related Articles

Close