News in Brief 03_2017
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STEAG afflicted by fall in electricity prices – future programme shows first signs of success
2016, the STEAG Group, Essen/Germany, generated sales of 3.9 bn €, an 8 % increase, thanks to the expansion of its energy trading activities. At 123 m €, the operating income (EBIT) is almost 50 % less than the previous year. EBITDA of 281 m € were 118 m € less than in 2015. The Group had anticipated these drops…
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LEAG presents mining district concept for Lusatia
In a meeting on 30th March 2017, the Supervisory Board of Lausitz Energie Bergbau AG agreed on a concept for the Lusatia lignite mining district for the next 25 – 30 years (Figure 1). Following the sale of the lignite division by the previous owner, Vattenfall, to new owners EPH/PPF Investments,…
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Lignite stands for power supply reliability
Last year, domestic lignite once again supplied just under a quarter of the electricity in Germany and therefore made a significant contribution to supply reliability. Despite exhausting all energy saving options, numerous studies show that the electricity demand will increase noticeably over the next three decades, from 500 TWh at…
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Optimistic mood at the 6th Essen expert discussion on mining waste disposal sites
The 6th Essen expert discussion on mining waste disposal sites took place on 9th March at DMT GmbH & Co. KG in Essen/Germany and focussed entirely on the forth-coming legal and organisational changes relating to the disposal and permanent storage of radioactive waste. One key topic was the challenges faced…
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THGA briefs politicians in Berlin about post-mining and sustainable raw materials recovery
35 bn t of raw materials are mined annually around the world. Germany produces the majority of the raw materials it needs autonomously. In 2015, their total value amounted to 13.4 bn €. Handling the consequences of mining responsibly plays a crucial role in the acceptance of mining by the population…
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News from the German Mining Network (GMN)
Australia After having bottomed out, the Australian mining industry is looking more optimistic once again. Focussing on this new-found optimism, the largest mining trade fair in the region is reopening its doors in Sydney at the end of August. This year, 27 firms will be represented at a shared German…
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Joint German Stand at Exponor mining fair
Every two years Chile hosts the Exponor international trade fair in the mining region’s capital, Antofagasta. This year from the 15th to 19th May, more than 1,000 exhibitors from 30 countries received over 40,000 visitors. The German-Chilean Chamber of Commerce and Industry (AHK Chile) participated for the 3rd time with…
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