Phulbari.org updated….👍👍👍👍👍….waker wakey….😉31 Jan 2026 04:08
Implementation & Updates
Power China, having signed a MOU and EPC to develop the mine, are further assisting the company in moving forward with the adoption of both a contract mining model and other aspects of the project. Contract mining, where the mining will carried out by a Major International Mining Contractor, using their expertise, their substantial resources and mining equipment, will reduce initial capital expenditure, and accelerate early production timelines.
Working with Power China, and others, the company is evaluating and finalising Joint Ventures (JVs) to fund and manage coal delivery from the mine to both domestic and export markets. This would involve upgrades to both existing rail lines, new rail lines, rolling stock, highways and barges. JVs are also being discussed for the high value products contained in the mine overburden, These JV agreements enhance the ability of the projects rapid implementation on approval. The utilisation of the overburden alone is expected to contribute in excess of $10billion over the life of the mine with an expectation of approximately $500 million in overburden sales in the first year, and a similar figure throughout the following years.
At the Coal Development Forum in February 2025 the Energy Advisor stated ‘We have coal reserves underground. We are preparing a document that will allow the next government to proceed with coal extraction’ he also acknowledged the Phulbari Coal deposit as the best and most viable opportunity to do that.
https://www.phulbari.org/
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