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November 22, 2021

Jindal to begin Botswana coal mine construction in 2022

The proposed mine is expected to have an annual production capacity of 4.5 million tonnes of coal.

India’s Jindal Steel & Power (JSPL) is reportedly planning to commence construction on a coal mine in the south-eastern Mmamabula coalfields in Botswana in 2022.

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As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
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This mine is expected to help the firm in supplying a proposed coal power plant and the export market, reported Reuters citing a company official.

The proposed mine is anticipated to have an annual production capacity of 4.5 million tonnes of coal.

Jindal Botswana country head Neeraj Saxena was reported by the news agency as saying: “Work will start next year and develop in phases over two to three years. Regional demand is increasing and the South African market has an appetite for Botswana coal.”

Botswana is still looking to develop its estimated 212 billion tonnes of coal resources, contrary to the growing trend of relinquishing fossil fuels.

Earlier this month at the COP26 climate conference, the government agreed to the global pledge of reducing coal consumption.

The country, however, withdrew from the commitment to end granting new coal mining licences.

Over the next 20 years, Botswana has pledged to raise renewable energy share in its electricity from the existing 2% to 18%.

Earlier this year, Bloomberg reported that Debswana Diamond is set to invest $6bn to build an underground diamond mine at Jwaneng, Botswana.

The mine is expected to have a production capacity of as much as nine million carats (Mct) per year, with full production anticipated by 2034.

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Dig deeper with our mining equipment forecasts

As ore mines ramp up and come on stream, the total number of active surface machines (including trucks, excavators, shovels, loaders, graders and dozers) is forecast to rise from 141,470 in 2020 to 167,367 by 2025. This will be a CAGR of 3.4% from 2020 to 2025. The largest contributor to this growth is expected to be trucks, particularly smaller-sized trucks with shorter lifespans, used extensively in parts of Asia Pacific. Underground mining equipment is similarly expected to see a CAGR of 2.3% in this same time frame, with the number of mining trucks and loaders/LHDs in active underground mines expected to rise to 19,853 by 2025. GlobalData’s extensive mine-site research and equipment models have been used to build a complete view of mobile mining equipment populations globally for trucks, loaders, graders, dozers, excavators and shovels. This report includes informative breakdowns by each major region and key mining country, and also by major commodity. Read GlobalData’s Global Surface and Underground Mining Equipment: Populations & Forecast to 2025 for a complete view of the market, allowing you to best position yourself for the future.
by GlobalData
Enter your details here to receive your free Report.

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