Coal mining and the generation of energy from coal are being pushed back further and further in the Western world, especially in the United States and the EU. This is mainly due to the high CO2 emissions caused by energy generation from coal. In Asia, the issue of CO2 emissions is also being addressed, but the countries here intend to rely even more on coal-fired energy in the coming years since coal is a reliable source of energy.
This is matched by the fact that most Asian open-pit mines outside China are primarily coal mines. Which are the largest open-pit mines in Asia?.[1]
Sangatta Coal Mine
The Sangatta Coal Mine is a mine located in East Kalimantan, Indonesia. The owner of the project is Bumi Resource Company. Mine capacity is approximately 60.9 million tons per year and is said to have reserves of 924 (2020) million tons.[2]
Bumi Resource Tbk is traded on the Indonesian Stock Exchange in Jakarta under the symbol BUMI.JK: Jakarta Stock Exchange.
Tutupan Coal Mine
The Tetupan coal mine is located in South Kalimantan, Indonesia, and the owner of the project is the Adaro Group. The annual capacity is expected to be 35.6 million tons. The mine’s reserves are estimated at 145 million tons.[3]
Adaro Energy Indonesia TBK PT is listed on the Indonesia Stock Exchange in Jakarta. The stock is traded under the symbol: ADRO.JK.
Oyu Tolgoi Copper-Gold Mine
Oyu Tolgoi is one of the largest gold-copper deposits in the world. The project is a joint venture between the Mongolian government, which holds 34% of the shares, and Turquoise Hill Resources, which holds 66% of the shares. In 2021, the mine produced about 163,000 tons of copper, 468,000 ounces of gold, and 977,000 ounces of silver.[4]
Turquoise Hill Resources Ltd. shares are traded on the New York Stock Exchange under the symbol: NYSE: TRQ.
Gevra Coal Mine
The Gevra coalfield is a mine located in Korba, Chhattisgarh, India. The project is operated by South Eastern Coalfields Limited, which is part of Coal India Ltd. Annual capacity is approximately 41 million tons and reserves are estimated at over 1337 million tons.[5]
Coal India’s shares are traded on the National Stock Exchange of India under the symbol: COALINDIA.NS.
Letpadaung Copper Mine
The Letpadaung Copper Mine is located in Salingyi Township, Sagaing Region, Myanmar, and is owned by the Chinese mining company Wanbao Mining Ltd. Wanbao Mining Ltd. is a subsidiary of China North Industries Group Corporation Limited. It is expected to produce over 122,000 coppers in 2020, and the mine is expected to produce coppers by 2050.[6]
China North Industries Group Corporation Limited is listed on the Shenzhen Stock Exchange under the symbol: 000065.SZ.
Article Sources:
[1] Mining Technology, Ten biggest producing surface mines in Asia-Pacific in 2020, https://www.mining-technology.com/marketdata/ten-biggest-producing-surface-mines-in-asia-pacific-in-2020/
[2] GEM Wiki, Sangatta coal mine – Global Energy Monitor (gem.wiki)
[3] GEM Wiki, Tutupan coal mine – Global Energy Monitor (gem.wiki)
[4] Rio Tinto, Oyu Tolgoi (riotinto.com)
[5] GEM Wiki, Gevra coal mine – Global Energy Monitor (gem.wiki)
[6] The People’s Map of global China, Letpadaung Copper Mine – The People’s Map of Global China (thepeoplesmap.net)