The new mine, which will produce lignite for approximately 50 years, is part of Cabot’s strategic plan to meet the anticipated quadrupling of demand for activated carbon for use in the coal-fired utility market. In preparation for the new mine, Cabot has also purchased and relocated a dragline to the new mine site.
“The new mine and dragline represent Cabot’s commitment to support and extend our market leadership position in the mercury emission control market,” said Bart Kalkstein, vice president and general manager, Global Emission Control Solutions. “As demand accelerates, having access to a long-term raw material supply is critical for our support of our customers. The new mine will help ensure that we have an uninterrupted supply of lignite well into the future and can meet the quadrupling of market demand.”
Cabot has also secured permits and developed plans for seven new manufacturing lines in North America, which will allow Cabot to significantly increase production capacity of its mercury control products.