Hungary: Mátrai Erőmű reopens lignite mine
, InvestorsPower plant company Mátrai Erőmű has reopened its lignite mine near Detk, northeastern Hungary, chairman Bernhardt Luschper said yesterday, according to Hungarian news agency MTI.
Mátrai Erőmű has spent HUF 2.5 bln on preparations to reopen the mine, which has been closed since 2004. The company built four bridges, a 10 km conveyor system and an electricity grid near the dig site. After removing tailings, mining could resume in 2018, Luschper said.
Mátrai Erőmű plans to operate the mine for at least 40-45 years and extract several hundred million tonnes of lignite. Mátrai Erőmű mines an annual 8.5-9m tonnes of lignite at sites in the Mátra and Bükk mountains in North Hungary.
The company, which supplies 15% of Hungaryʼs electricity, had revenue of HUF 101.5 bln last year. Germanyʼs RWE-EnBW own 74% of Mátrai Erőmű and the state-owned Hungarian Electricity Works (MVM) has a 24% stake.
source: bbj.hu
LATEST NEWS
- June 14, 2023 The Serbian Institute for Critical Materials launches a regional mining platform for knowledge exchange
- August 13, 2023 Environment South East Europe Watch temporarily suspends the activity
- August 9, 2023 Regional Coalition Aims to Protect Up to 400 Kilometres of Rivers Across Southeast Europe
- August 9, 2023 Meeting Serbia’s Energy Needs: A Smart Siting Map for Solar Power
